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BT (wealth management)

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Coordinates: 33°51′59″S 151°12′15″E / 33.866318°S 151.204190°E / -33.866318; 151.204190
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33°51′59″S 151°12′15″E / 33.866318°S 151.204190°E / -33.866318; 151.204190

BT Financial Group
Company typeSubsidiary of Westpac
IndustryWealth Management
Founded1969
HeadquartersSydney, Australia
Number of locations
Corporate Head Office in Barangaroo, Sydney
Area served
Australia, New Zealand
Key people
Brad Cooper(CEO
ProductsSuperannuation, SMSF, Investing, Insurance, Financial Planning, Wealth Management.
Website[1]

BT Financial Group,is a financial services company based at Tower Two, International Towers Sydney in Sydney, Australia, with operations there and in New Zealand. Its product range includes managed investments, superannuation, insurance, and private banking.

BT is the wealth management arm of Westpac, a banking and other financial services company operating since 1817.

BT has been granted a MySuper authority, enabling it to continue to receive default superannuation contribution from 1 Jan 2014.

History

BT was formed as Banker's Trust (the Australian subsidiary of Bankers Trust Company of New York[1]) in 1969. It has previously been owned by Deutsche Bank and Principal Financial Group. Westpac acquired BT from Principal in October 2002.[2] BT financial main offices are located at Tower 2 Barangaroo, Sydney Australia.

BT Financial Group - Financial Services Brands

  • Advance - Advance Asset Management Limited (Advance) is the specialist investment arm of the BT Financial Group.
  • Ascalon - Ascalon Capital Managers has offices in Sydney and Hong Kong and forms strategic relationships with specialist investment managers throughout the Asia Pacific region.
  • Asgard - Asgard is an investment and superannuation platform solution.

BT Emerging Designer Award

The BT Emerging Designer Award is an annual event that aims to identify and showcase Australia’s most promising emerging fashion designers and provide support in the form of financial means, access to services and mentoring.

Previous Award Winners

  1. Albus Lumen (2018)[3]
  2. Kacey Devlin (2017)
  3. macgraw (2016)
  4. Emma Mulholland (2015)
  5. Michael Lo Sordo (2014)
  6. Christopher Esber (2013)

References

  1. ^ Note that the Wikipedia entry for Banker's Trust confuses the two companies, as they were both owned by Deutsche Bank at different times
  2. ^ Westpac Website: https://www.westpac.com.au/about-westpac/westpac-group/company-overview/our-businesses/
  3. ^ Australian Fashion Council Website: https://ausfashioncouncil.com/council-of-textile-fashion-blog/2018/3/22/bt-runway-2018
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