Craigs Investment Partners’ Dunedin branch recently moved into its new premises at 229 Moray Place.

“We are excited about our move to new offices in the centre of Dunedin which will set us up for the future and enable us to grow over time. Our new premises will give us the opportunity to engage more with our clients and the community by hosting events within our offices. We now have improved access and client parking facilities and invite our clients to come in for a visit,”
says Investment Adviser Peter McIntyre.

The Dunedin branch is one of 17 branches within the Craigs Investment Partners network of offices around New Zealand. Comprising 11 Investment Advisers and 6 support staff, the Dunedin team work closely with private investors, businesses, charitable trusts and the farming community to provide investment advice and a broad range of investment services.

"Many of our clients have been with us for a considerable time, some for several generations. What makes Craigs different is our ability to adapt our services to our clients. As clients’ needs change over time, so will the service we provide. Our relationship with our clients is long-term and we help them make the big investment decisions along the way. The advice we provide to clients is based on the extensive research we have access to in New Zealand and also globally through our strategic alliance with Deutsche Bank,” says Investment Adviser Robert Garden.

"Most of our advisers work in a partnership which means our clients benefit from access to two advisers. We work with families wanting to build or maintain investments for future generations and those who have sold their business or are wanting to invest for their retirement or beyond the farm,” adds Investment Adviser Haley van Leeuwen.

“Our work with the rural community involves assisting farmers with share trading, such as Fonterra and Livestock Improvement Corporation (LIC) as well as long–term investments off the farm. I regularly visit farmers who may not  come to the city often. This can involve travelling long distances, meeting before their day on the farm starts or to fit in with their seasonal workload,” comments Investment Adviser David Frame.

“We also provide advice to clients overseas, for example Kiwis living in the US but also US expats living in New Zealand. There are strict rules about who can provide advice to US citizens and residents but Craigs can help,”
explains Investment Adviser Michael Milne.

The origin of Craigs’ Dunedin branch goes back over 120 years to 1896 when HW Reid became a member of the  Dunedin Stock Exchange during the gold boom, trading under the name John Reid & Sons. In 1943 he was joined by Keith Elsom, father of Investment Adviser John Elsom, who recently retired from Craigs.

John Reid & Sons was well known for the prominent Dunedin broker Jock Laidlaw, a former chairman of the NZ Stock Exchange, World War 2 veteran and a man with a love of gold.

dunedin building

In 1987 John Reid & Sons merged with the local sharebroking firm Wilson, Greenslade (which had been joined by now retired Investment Adviser Ron Lewis six years earlier), to become Wilson, Elsom, Greenslade. Bob Greenslade, a  prominent businessman with links to the Speights family and a penchant for food and drink stocks, was the firm’s chairman whilst H Robert Wilson was the Chairman of the NZ Stock Exchange for a period.

Noeline Munro, one of only a few female Dunedin brokers at the time, joined the group in 1993, which a few years later was renamed Greenslades Limited. During the 2000’s, Greenslades had branches in Christchurch, Invercargill, Oamaru and Nelson with a Fixed Interest desk, portfolio management division and dealing run out of Dunedin.

It was in 2006 that ABN AMRO Craigs, which later would become Craigs Investment Partners, acquired Greenslades to form part of their national branch network. Today many in the current Craigs team, who were part of Greenslades, have worked together for well over 15 years.

“It was this long-term team, the good reputation, and the range of services and research that attracted me to join Craigs in 2017,”
explains Investment Adviser John Blaikie.

“As a team we share a strong passion for the ever-changing markets. We get great satisfaction from working together to help our clients reach their financial goals,” says Peter McIntyre.

The Dunedin branch is heavily involved in the community through the Fire Brigade, Medical Research Foundation,  Institute of Directors, Otago Chamber of Commerce, local sports clubs and schools. As a national partner of Hospice the branch members are regularly involved in fundraising activities, with a highlight being their participation in the full refurbishment of the Hospice Foundation house in 2013, and their support continues today.

“We all share the drive to improve the community in which we operate. We get involved in different ways, through board appointments, or on a personal level in areas we are passionate about. It’s a great way for us to give back and engage with our community,” says Haley van Leeuwen.

Peter McIntyre concludes, “We look forward to continuing to help our clients reach their goals, working closely with the community and further developing our business over the coming years from our new offices in the heart of Dunedin.”