What You Need to Know about the Recent Changes to the Powers of Attorney Rules
New changes to enduring powers of attorney (financial and guardianship) came into effect recently, with more changes in the pipeline....- Read more
Janice Yew | July 27th, 2016
Six Park was founded by Pat Garrett and Brian Watson in 2014. While working together at their investment management firm in Melbourne, it became clear to them that there was a major problem in Australia’s investment management industry. Namely, that it was difficult, confusing, expensive and frustrating for most Australian investors to get professional, low cost investment advice. Worse, there was ample evidence that investors’ best interests had taken a back seat to the interests of larger financial institutions.
Pat and Brian met in the mid 1990’s while Brian was managing the global private equity and venture capital investment unit of JP Morgan (New York), and have been working together in Melbourne, Australia since 2001.
In June 2014, they made the decision to set up Six Park and started building a better solution for Australian investors; a trustworthy, professionally managed, low cost, and highly accessible investment guidance service that is not aligned with a financial institution.
Six Park is now a team of seven experts, including a world-class Advisory Board, with a combined 100+ years of experience in investment management and financial services at organisations of the calibre of JP Morgan and the Australian Government’s Future Fund. The Six Park service combines innovative technology and sophisticated investment theory, and is totally transparent about its offering and fees, with the required legal authorisation to provide these services.
On May 30, Six Park launched publicly and is continuing to rapidly grow its customers and funds under management. Each client has a portfolio of investments that has been developed to match their personal risk profile and investment horizon.
The business raised two rounds of capital to build its service over two years, with ongoing advice from leading legal firms, including mdp Law, with regard to IP and trademark matters.
Six Park have built one of the best investment services available to Australian investors when considering the experience of the team, the low cost of the service and the overall user experience for their clients. The name ‘Six Park’ refers to the address of a Garrett family property in the United States. It suggests a strong foundation, and a safe and trustworthy platform for their customers.
mdp Law is always excited to be a part of new and innovative companies and to assist with legal advice to maximise their success. For more information on Six Park, you can visit their website here.
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