The private wealth firm provides a range of services, including SMSF and super, fund management and portfolio services.

Senior investment adviser and branch manager Luke Rybarczyk will lead the new Ord Minnett Hobart office and will be supported by manager Nathalie Leonard.

Mr Rybarczyk was previously a client adviser at Bell Potter and a derivatives trader for global firm Optiver.

“Ord Minnett was the right choice for our clients given a strong history of servicing a wide range of private clients large and small,” Mr Rybarczyk said.

“Ords has a proud history and heritage of service excellence and is well known for their quality domestic research. I strongly feel the all-round offering for clients is second to none.”

Ord Minnett chairman Warwick Smith stated that the expansion was an exciting development for the firm and a welcome opportunity to expand the national footprint.

“Importantly, Ord Minnett is delighted to be able to provide clients in Tasmania access to Ord’s trusted and professional wealth management advice and services,” Mr Smith said.

The group said its Hobart office would “service all private investors to provide the highest level of both customer service and personal investment advice”.

Ord Minnett stated that clients will have access to advice and research across a wide range of investment options including domestic equities, international equities, diversified products such as listed investment companies and exchange traded funds, fixed interest products and term deposits.

“Clients will also be invited to participate in exclusive access to IPOs, company placements as well as informative presentations and client functions,” the firm said.