Euroz Hartleys

What Euroz Hartleys does

Euroz Hartleys Group Limited (ASX:EZL) is a Western Australian diversified financial services company founded in 1955 and headquartered in Perth. The group operates four core service divisions: Private Wealth (wealth management, strategic advice and stockbroking for HNW individuals and families); Corporate Finance (Equity Capital Markets, M&A and strategic advisory); Institutional Sales (specialist small to mid-cap dealing desk focused on WA resources, energy, mining services and industrials); and Research (resources and industrials analyst coverage). It also operates fund management and wealth subsidiaries under the Westoz Funds Management and Entrust Wealth Management brands, and the Euroz Hartleys Foundation for charitable activities.

The company's revenue model is multi-streamed: transaction-based fees from institutional dealing and corporate finance mandates; subscription/recurring fees from wealth management, stockbroking and funds management; and professional services fees for advisory mandates. Customer segments are split between (1) WA resources, mining services, and industrial companies seeking capital markets access and institutional distribution, and (2) HNW individuals and families in Western Australia seeking wealth creation and preservation services. Distribution is relationship-based through direct advisory teams, supported by content marketing (Finding the Front podcast, Wealth Insights), an annual Rottnest Island Institutional Conference, and community events such as the Dowerin Machinery Field Days.

A transformational corporate action is pending: Euroz Hartleys has agreed to sell its capital markets business (ECM, M&A, institutional sales and research) to Bank of Montreal for A$145 million in cash, expected to close in Q4 2026. Approximately 40 team members will transfer to BMO Capital Markets at closing. The private wealth business will remain independent and enter a strategic alliance with BMO, effectively repositioning the group as a WA-focused private wealth and funds management platform. The group holds AFSL 230052 and is a participant of ASX, Cboe Australia, and NSX.

Name

Euroz Hartleys

Legal name

Euroz Hartleys Group Limited

Website

https://hartleys.com.au

Company type

Public

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

Euroz Hartleys Group (ASX:EZL) is a Western Australian diversified financial services firm offering private wealth management, corporate finance advisory, institutional sales, and research, focused on HNW clients and WA resources/industrial companies; its capital markets business is pending sale to BMO for A$145M.

Ownership category

akta.pro rank

Product category

Wealth and Capital Markets Services

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Investment Advice (6282), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Full-Service Brokerage (Wirehouse/Universal) (FSAEACAA)

akta.pro secondary industry

Debt & Capital Advisory (Debt Raising, Refinancing, Private Credit) (BPAHAOAD)

Keywords

• Wealth management
• Stockbroking services
• Corporate finance
• Institutional sales
• Equity research

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Capital Markets Services: Institutional dealing, research, and corporate finance services focused on resources, mining services, and Western Australia industrials. This business unit was sold to BMO for A$145 million in 2026.
2. Private Wealth Management: Wealth management, strategic advice and stockbroking services for high net worth individuals and families in Western Australia. Remains independent following the BMO transaction.
3. Corporate Finance Advisory: Full service Corporate Finance team specializing in Equity Capital Markets, Mergers and Acquisitions and Strategic Advisory for Western Australian companies.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Euroz Hartleys provides financial services in Western Australia across private wealth, stockbroking, corporate finance, institutional sales and targeted research. It sells advisory, dealing, capital markets, M&A/strategic advisory and investment research services to private clients, institutional investors and Western Australian resources, mining services and industrial companies.

Product overview

Euroz Hartleys Group Limited (ASX:EZL) is a diversified financial services company offering a unified platform of wealth management and capital markets services. The core offering consists of four integrated divisions: Private Wealth (tailored wealth management, strategic advice and stockbroking), Corporate Finance (Equity Capital Markets, M&A and Strategic Advisory), Institutional Sales (specialist small to mid-cap dealing for WA resources/energy/mining/industrial companies), and Research (fundamental analysis by resources and industrials analysts). These services are complemented by subsidiary brands including Entrust Wealth Management and Westoz Funds Management, plus the Finding the Front podcast series featuring interviews with Western Australian business leaders.

Differentiator

Problem solved

Functional benefit

Products and services

• Private Wealth Comprehensive wealth management, strategic advice and stockbroking services focused on wealth creation and preservation for individual clients in Western Australia.
• Corporate Finance Full-service corporate finance advisory specializing in equity capital markets, mergers and acquisitions, and strategic advisory services for Western Australian companies.
• Institutional Sales Specialist small to mid-cap institutional dealing desk with a strategic focus on Western Australian resources, energy, mining services and industrial companies.
• Research Research service from resources and industrials analysts providing detailed fundamental analysis and on-the-ground coverage, with access through a research portal.
• Entrust Wealth Management Wealth management subsidiary offering specialized financial services as part of Euroz Hartleys Group.
• Westoz Funds Management Funds management entity within Euroz Hartleys Group providing fund management services.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Bank of Montreal (BMO)coreStrategic or Co-development Partner · 29 June 2026Following the sale of Euroz Hartleys' capital markets business to BMO for A$145 million, Euroz Hartleys' private wealth business will enter into a strategic alliance agreement with BMO to preserve collaboration and research access between the two entities. The transaction is expected to close in Q4 2026 pending shareholder approval and regulatory conditions. Approximately 40 Euroz Hartleys team members will join BMO Capital Markets at closing.

Scale indicators3 records

Recent moves17 records

Expansion highlights5 records

Direct peers

• Ord Minnett: Australian private wealth and institutional broking firm with research, corporate advisory and IPO coverage; comparable boutique full-service model focused on small/mid-cap Australian equities.
• Bell Potter Securities: Australian retail and institutional stockbroker with wealth management and corporate finance offerings; competing head-to-head for small/mid-cap resources mandates and high-net-worth wealth clients on the ASX.
• Canaccord Genuity Australia: Australian arm of a global mid-market investment bank and wealth manager; directly comparable ECM, M&A and wealth management capabilities in the small/mid-cap resources and industrial space.
• Morgans Financial: Australian private wealth, stockbroking and corporate finance group with a multi-state branch network; closest direct peer in combining wealth advice, institutional research and ECM/M&A capabilities at a similar mid-market scale.
• Shaw and Partners: Australian full-service wealth management and stockbroking firm with institutional sales, research and corporate finance; comparable in scale and product mix to Euroz Hartleys, particularly in resources and small/mid-cap equities.
• Wilsons Advisory: Australian private wealth manager and institutional stockbroker with research and corporate finance, similar in boutique scale and full-service model to Euroz Hartleys.

Broad incumbents

• Macquarie Group: Australia's largest investment bank and asset manager; competes with Euroz Hartleys across ECM, M&A advisory, institutional broking and wealth management via Macquarie Private Bank and Macquarie Asset Management.
• JBWere: One of Australia's largest high-net-worth advisory firms (part of NAB Group); competes with Euroz Hartleys' private wealth franchise for HNW families in Western Australia, with a broader national footprint and larger balance sheet.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/EurozHartleys
• LinkedInlinkedin.com/company/euroz-hartleys-securities

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Euroz Hartleys