Protecting our independence. Strengthening our future.
Six existing Rutherford Rede advisers have become shareholders, with Patrick Fogarty also appointed as a Director. Together, these changes strengthen our commitment to independent, New Zealand-owned financial advice and the relationships clients trust.
When you choose a financial adviser, you place trust in both the person and the firm behind them. You want confidence that both are planning for the long term.
That is the thinking behind Rutherford Rede's broader internal ownership. As part of our long-term succession planning, six existing advisers have become shareholders. We are investing in people who know our clients and understand our approach, while keeping ownership within the team.
For clients, your adviser relationship and our independent, fiduciary approach remain unchanged. Our existing directors and shareholders remain actively involved in the business.
The people taking this step
Our six new shareholders are:
Herna Maddock, Financial Adviser, Partner and General Manager
Adam Thompson, Financial Adviser and Partner
William Sargent, Financial Adviser and Partner
Christopher Tran, Financial Adviser and Partner
Craig Offwood, Financial Adviser and Partner
Patrick Fogarty, Financial Adviser and Director
Patrick joins Richard Knight, Henry Ford and Jocelyn Weatherall on the board.
Each of the new shareholders is already part of Rutherford Rede. Broadening ownership within this group means investing in people who know our clients, understand our approach and will help shape the firm's future.
Keeping independence within the firm
Independence is central to Rutherford Rede's identity and to the advice we provide. Protecting it requires us to think carefully about how the business is owned and how that ownership develops over time.
Broadening ownership among our existing advisers helps protect our future as an independent, New Zealand-owned financial advisory firm. More of the advisers our clients know now have an ownership stake in the business and a personal investment in its long-term future.
For clients, the relevance is straightforward. The ownership changes support our ability to continue providing independent financial advice in New Zealand, with the same focus on their long-term interests.
“The future of Rutherford Rede should be in the hands of people who share our values and commitment to clients. The advisers becoming shareholders have earned the trust of clients through years of professionalism and dedication. By broadening ownership, we are recognising those contributions while ensuring Rutherford Rede remains a strong, independent business.
Importantly, our existing shareholders remain committed to the firm and its future, providing continuity and stability as we build for the next generation.”
— Jocelyn Weatherall, Chair and Founding Member
The same trusted advice and relationships
For our existing clients, the adviser you work with and the approach you trust remain the same. Our independent, fiduciary approach continues to guide the advice and support you receive.
A trusted advice relationship develops through conversations about your circumstances, priorities and decisions. Whether you are building wealth, preparing for retirement or thinking about the next generation, that understanding provides valuable context for the advice you receive.
For the lawyers, accountants and trustees who introduce clients to Rutherford Rede, the changes also reinforce our commitment to being a consistent, long-term professional partner.
Building leadership depth
Looking after clients over the long term means giving careful thought to the people who will help lead the business in the years ahead. Bringing six existing advisers into ownership broadens that group. Alongside Patrick's appointment as a Director, it adds leadership depth and supports considered succession within Rutherford Rede.
Our existing directors and shareholders remain actively involved in the business. Broader ownership builds on their experience and commitment, with more of our people sharing responsibility for the firm's future.
Taking the long view together
Our clients make decisions with consequences that extend well into the future. The firm supporting them needs to take a similarly considered view of its own future.
Broader internal ownership is part of that commitment. It protects our independence, supports continuity and gives more of our existing people a stake in the business they are helping to build. Our purpose remains the same: to provide independent, fiduciary financial advice through trusted relationships, as a New Zealand-owned firm committed to clients over the long term.
Learn more about Rutherford Rede and the people behind our advice.
