Two of Australia’s Richest Families to Merge their Family Offices
Two of the nation’s richest families, the Myer and Baillieu families, are planning to merge their family office operations to create a $3 billion wealth management and intergenerational advisory firm.
“a $3 billion wealth management and intergenerational advisory firm.”
Mutual Trust manages $1.5 billion in liquid assets focusing on equity and fixed income. MFCo, the nation’s most recognisable multi-family office, has funds under administration of around $1.6 billion.
News Source: The Australian
About Mutual Trust
Mutual Trust is an integrated financial services firm for successful individuals, families, businesses and philanthropists. We simplify financial affairs; protecting and growing wealth through personalised service and expert advice. With centres of excellence that draw upon extensive wealth management, taxation, superannuation, accounting, family office, property, business and agricultural expertise, rarely are there challenges that cannot be handled entirely in house.
- Origin: Australia
- Assets Under Management: $1.5 billion
Official Website: http://www.mutualtrust.com.au
Updated 8th August 2016