BT (wealth management) explained

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BT Financial Group
Type:Subsidiary of Westpac
Location:Sydney, Australia
Area Served:Australia, New Zealand
Industry:Wealth Management
Products:Wealth management
Aum:A$46 billion [1]
Homepage:www.bt.com.au
Founded:1969

BT, formerly BT Financial Group, is a financial-services company based at Tower Two, International Towers, Sydney, with operations in both Australia and New Zealand.

In 1969, BT began as the Australian subsidiary of the Bankers Trust Company of New York, Bankers Trust Australia.

In 2002, Principal Financial Group sold BT Financial Group for $900 million to Westpac, an Australian banking and financial services company.[2]

See also

External Links

Notes and References

  1. Web site: Investment governance is critical to fully realising the benefits of managed accounts. www.bt.com.au. 31 December 2022. https://web.archive.org/web/20230309182456/https://www.bt.com.au/professional/knowledge-centre/client-strategies/investment-strategies/investment-governance-is-critical-to-fully-realising-the-benefits-of-managed-accounts.html. 9 March 2023. deviated.
  2. News: Westpac buys BT Financial Group for $900 million . 27 August 2002 . The Age.