A lot has happened since Craigs Investment Partners opened its first office in Whakatane in 1984.
We've grown from one small regional branch to a national network, advising on some of New Zealand's largest corporate transactions to providing personal investment advice to individuals from Kerikeri to lnvercargill. We've come a long way and achieved a lot.
1984 - THE DOORS OPEN
Neil Craig (now Executive Chairman) leaves his job in the corporate planning division of Tasman Pulp and Paper and establishes Craig & Co in Whakatane.
1986 - BOOM TIMES
Markets are booming and the share market performance is a regular front page feature. Craig & Co forges ahead, establishing a direct phone line to the Auckland based dealers to streamline transaction processes and offer better service to clients.
1987 - STOCK MARKET CRASH
Craig & Co has the first regional broker operating on the stock exchange trading floor. A new computer system is introduced after the Edgecumbe earthquake sends paper files into disarray.
1989 - BUSINESS FLOURISHES
Head Office is established in Tauranga and business expansion starts, with new branches opening in Central Auckland, North Shore, Rotorua and Gisborne.
1993-1995 - NEW BRANCHES & NEW SERVICE
Gore, Invercargill, Hamilton and Whanganui branches opened. Custodial Services Limited (CSL) was established to provide safe custody and manage administration of investments for clients.
1996 - GOING WEST & SETTLING TRADES
New Plymouth branch opened. Craig & Co Cash Management Trust Limited was introduced, enabling clients to hold funds on call and settle trades seamlessly in multiple currencies.
1997-1999 - MAKING INVESTMENT EASY & ANOTHER NEW BRANCH
START Investment Service was introduced to offer clients a way to invest smaller sums, with the option for payment on a regular basis. A new branch opened in Whangarei.
2001 - ABN AMRO CRAIGS
Netherlands-based bank ABN AMRO purchases a 50% shareholding in Craig & Co and the business becomes ABN AMRO Craigs. ABN AMRO Craigs acquires the New Zealand retail advisory business of Merrill Lynch with offices in Auckland and Wellington.
2004-2005 - FURTHER GROWTH
ABN AMRO Craigs is acknowledged as a foundation NZX firm. The acquisition of sharebroking firm Lawrence Milton & Howarth establishes the first Christchurch branch.
Head Office shifts to new premises in Tauranga and Frank Aldridge is appointed CEO, while Neil Craig continues as Executive Chairman.
2006 - NATIONAL FOOTPRINT STRENGTHENED
Advisory firm Greenslades in Dunedin and Christchurch merges with ABN AMRO Craigs taking the total number of nationwide branches to 14.
2007 – KIWISAVER PROVIDER & NEW ACQUISITIONS
KiwiSaver and Superannuation schemes launched. ABN AMRO Craigs acquires Winstanley Dickson in Blenheim, and a Kerikeri branch opens.
The Royal Bank of Scotland (RBS) acquires ABN AMRO globally, meaning the 50% stake in ABN AMRO Craigs is now owned by RBS.
2008 - NEW ZEALAND'S LARGEST NZX PARTICIPANT FIRM
Glendinnings Advisory Firm in Palmerston North is acquired. ABN AMRO Craigs becomes New Zealand’s largest NZX participant investment advisory firm, with 17 branches nationwide.
2009 – CRAIGS 100% OWNERSHIP
RBS announce their withdrawal from New Zealand, selling their 50% equity interest in ABN AMRO Craigs. ABN AMRO Craigs announces 100% ownership of the business with approx. 160 employee shareholders as well as ownership of the newly acquired wholesale business including ABN AMRO NZ’s Investment Banking and Institutional Equities dealing businesses. ABN AMRO Craigs officially becomes Craigs Investment Partners.
2010 - DEUTSCHE BANK STRATEGIC ALLIANCE
Craigs Investment Partners and the Deutsche Bank Group form a strategic alliance, whereby the Deutsche Bank Group holds a 49.9% equity interest in Craigs. The remaining 50.1% is with existing Craigs shareholders.
2013 – CORPORATE FINANCE REBRAND
Deutsche Bank Group, the Corporate Finance arm of Deutsche Bank New Zealand was integrated into Craigs Investment Partners as a wholly owned subsidiary and rebranded Deutsche Craigs.
2014 – QUAY STREET LAUNCHED
Craigs Investment Partners launches QuayStreet, a specialist funds management firm with offices in Auckland and Sydney.
2015 – CRAIGS ENTERS THE AUSTRALIAN MARKET
Employees of Wilson HTM alongside Craigs Investment Partners and Deutsche Bank acquire the private wealth, corporate advisory, institutional equities and research business from its listed parent Wilson Investment Group (WIG).
2016 – WILSONS – 50% OWNERSHIP
Craigs Investment Partners and employees of Wilsons, increased their ownership of the Wilsons business to 50% respectively. Queenstown branch opened.
2017 – AWARD WINNERS
Euromoney Awards winner of ‘Best Investment Bank in New Zealand’, the third time that we have won this accolade in the last four years.
2018 – WELLINGTON BRANCH RELOCATES TO BRAND NEW PREMISES
Winners of the Euromoney Awards for Excellence 2018 - ‘Best Investment Bank in New Zealand’, and winners of both awards dedicated to the New Zealand market at the FinanceAsia 2018 Achievement Awards for Australia and New Zealand - 'Best New Zealand Investment Bank' and 'Best New Zealand Deal'. Wellington branch moved to new, purpose built premises.
2019 – WE OPEN OUR 18th & 19th BRANCHES
Queenstown branch relocated to new premises in Craigs Investment Partners House in Queenstown. We opened our 18th branch in Havelock North and our 19th branch in Nelson. We also won INFINZ Awards for Sharebroking Firm of the Year, Stephen Ridgewell won Research Analyst of the Year and the Investment Banking team won NZ Debt Market Issue of the Year.
2020 - CRAIGS INVESTMENT PARTNERS CONFIRMS BUY BACK OF 49.9% EQUITY INTEREST HELD BY DEUTSCHE BANK
After a very successful strategic alliance for nearly ten years, an agreement was made for Craigs to acquire Deutsche Bank’s 49.9% equity interest previously held in Craigs, placing 100% ownership back to Craigs staff shareholders. We were pleased to win multiple Awards in 2020, including the Euromoney Awards for Excellence for the fifth time in six years - ‘Best Investment Bank in New Zealand’.