BT (wealth management)

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
Area served
Australia, New Zealand
ProductsWealth management
AUMA$46 billion (2022)[1]
Websitewww.bt.com.au

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

References

  1. ^ "Investment governance is critical to fully realising the benefits of managed accounts". bt.com.au. 31 December 2022. Archived from the original on 9 March 2023.
  2. ^ "Westpac buys BT Financial Group for $900 million". The Age. 27 August 2002.