Dunedin-based sharebroking and investment company Forsyth Barr has opened branches in Whangarei and on the North Shore of Auckland, giving it 17 branches throughout New Zealand.
The two new branches will employ six investment advisers, most of whom will be joining Forsyth Barr from other investment firms, said managing director Neil Paviour-Smith.
The establishment of a permanent presence in Whangarei and the North Shore was consistent with the company's strategy of being present in all major areas throughout New Zealand.
"Whilst market conditions have been challenging, we have experienced an upsurge in business. "In the past 12 months, we have opened six new branches and added 30 investment advisers to the company," he said.
Forsyth Barr is owned by senior employees.
