Sandhurst Trustees

What Sandhurst Trustees does

Sandhurst Trustees Limited is an Australian wealth management and corporate trustee firm incorporated in Victoria in 1888 and headquartered at Level 4, 555 Collins Street, Melbourne, with a historic office in Bendigo. It operates as a wholly owned subsidiary of Bendigo and Adelaide Bank Limited (ASX: BEN) and functions as the responsible entity and issuer within the parent's wealth management arm. The firm's product portfolio comprises managed funds (with investments starting from $1,000), the Adelaide Cash Management Trust, the Sandhurst Industrial Share Fund (an unlisted managed investment scheme managed externally by Investors Mutual Limited), niche commercial loans for commercial investment property borrowers, and traditional corporate trustee and custodial services including executor and estate administration. Sandhurst also acts as trustee for the Community Enterprise Foundation, Bendigo and Adelaide Bank's charitable arm.

The firm does not operate a proprietary technology platform; product distribution and servicing run through shared Bendigo and Adelaide Bank infrastructure, including the parent's physical branch network across Australia, a phone-based client service centre (1800 634 969, with separate numbers for the Adelaide Cash Management Trust and corporate trustee services), online enquiry forms, and an Education Hub and Fund News content channel. No mobile application is offered, and there is no public API or documented integration ecosystem. Customer segments span individual retail investors seeking managed fund exposure, a niche of commercial investment property borrowers, and corporate/institutional clients requiring trustee, executor, and custodial services.

Revenue is generated through three streams: recurring management fees on managed funds, interest income on commercial loans, and professional services fees for corporate trustee and custodial work. Specific fee schedules and pricing tiers are not publicly disclosed and are set out in Product Disclosure Statements. The firm holds AFSL 237906 and ABN 16 004 030 737, is regulated by ASIC, and operates exclusively within the Australian market. As of the most recent governance disclosures, the firm employs between 101 and 250 staff and is overseen by a board chaired by Andrew Morgan (CFO of Bendigo and Adelaide Bank) with a refreshed director cohort appointed in October 2025 and a newly formed Sandhurst Compliance Committee providing independent regulatory and legal oversight.

Name

Sandhurst Trustees

Legal name

Sandhurst Trustees Limited

Website

https://sandhursttrustees.com.au

Company type

Private

Founded year

1888

Operating status

Operating

Headcount range

101–250 employees

Short description

Sandhurst Trustees is an Australian wealth management firm offering managed funds, commercial investment loans, and corporate trustee services. Founded in 1888, it operates as a wholly owned subsidiary within Bendigo and Adelaide Bank's wealth management arm.

Ownership category

akta.pro rank

Product category

Wealth Management and Trustee Services

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282), Finance Services (6199)

akta.pro primary industry

Fee-Based Advisory (FSAEAAAM)

akta.pro secondary industries

Structured Finance Legal, Trustee & Administration (FSACACAJ), Fund Depositary (UCITS/AIFMD & Trustee Oversight) (FSAAAOAC), Money Market Funds (FSAAAEAC)

Keywords

• Wealth management services
• Managed fund investments
• Commercial lending
• Trustee services
• Estate administration

Headquarters

HQ city

Docklands

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Managed Funds Management: Sandhurst Trustees serves as the responsible entity and issuer of managed funds, earning management fees from investment options managed by experts. Investors can invest from as little as $1,000.
2. Commercial Lending: Sandhurst Commercial Loans provide niche lending products specifically aimed at Commercial Investment clients looking to purchase or refinance commercial investment opportunities.
3. Corporate Trustee and Custodial Services: Traditional trustee services including executor and administrator of wills and estates, and custodial services for corporate clients.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Sandhurst Trustees is a wealth management and trustee services provider issuing managed funds (with a $1,000 minimum investment), niche Sandhurst Commercial Loans for Commercial Investment clients, and traditional corporate trustee and custodial services including executor and administration of wills and estates. As a wholly owned subsidiary of Bendigo and Adelaide Bank, it operates as the responsible entity and issuer of investment products distributed through the parent bank's branch network and direct channels.

Product overview

Sandhurst Trustees operates as a wealth management company offering a platform of financial products including managed funds, commercial loans, and corporate trustee/custodial services. The company provides managed funds with investment options starting from $1,000, commercial loans for commercial investment clients, and traditional trustee and custodial services. Sandhurst Industrial Share Fund is an unlisted managed investment scheme managed by Investors Mutual Limited. The product portfolio is completed by the Adelaide Cash Management Trust and educational resources through the Fund News and Education Hub.

Differentiator

Problem solved

Functional benefit

Brands

• Community Enterprise Foundation™: The charitable arm of Bendigo and Adelaide Bank, of which Sandhurst Trustees serves as trustee. Aims to build stronger Australian communities through attracting tax-effective donations to fund programs for families, youth, health, education, the environment, the arts and more.

Products and services

• Managed Funds Investment funds managed by professional managers, allowing investors to access diversified investment options starting from $1,000. Suitable for investors seeking various investment styles and objectives.
• Sandhurst Commercial Loans Niche commercial lending product aimed at Commercial Investment clients seeking to purchase or refinance commercial investment opportunities. Provides tailored finance for commercial property investors.
• Corporate Trustee and Custodial Services Traditional trustee services and custodial services for corporate clients, including executor and administrator of wills and estates, and custodial oversight for entities such as the Community Enterprise Foundation.
• Adelaide Cash Management Trust Cash management trust product with dedicated customer service support. Managed fund-style product providing investors access to cash management investments.
• Sandhurst Industrial Share Fund Unlisted managed investment scheme investing in shares listed on the Australian Securities Exchange, managed by Investors Mutual Limited. Provides investors exposure to industrial shares via a managed fund structure.

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.

• Bendigo and Adelaide BankcoreStrategic or Co-development PartnerSandhurst Trustees is a wholly owned subsidiary of Bendigo and Adelaide Bank and is part of the bank's wealth management arm. Products and services are jointly prepared and distributed through the Bendigo Bank network. Bendigo and Adelaide Bank's registered office is at The Bendigo Centre, Bendigo, Victoria, Australia 3550. Sandhurst is the responsible entity and issuer of managed funds available on the website, and also issuer of commercial lending products.

Scale indicators2 records

Recent moves6 records

Expansion highlights3 records

Direct peers

• Magellan Financial Group: ASX-listed Australian fund manager with managed investment schemes distributed via retail and institutional channels. Comparable as a domestic managed funds issuer, though more concentrated in equities strategies.
• Equity Trustees: Australian specialist trustee and wealth services provider with a long heritage. Highly comparable on corporate trustee, custodial, and estate administration services, and overlapping managed fund activities.
• Australian Unity: Australian member-owned financial services group offering managed funds, banking, and trustee services. Comparable mutual/aligned model with wealth and trustee product overlap.
• Insignia Financial (formerly IOOF): Major Australian wealth and investment manager with a broad managed funds platform and trustee/administration services. Closely comparable given overlapping retail distribution and trustee offerings.
• Perpetual Limited: ASX-listed Australian wealth manager offering managed funds, trustee services, and corporate trust. Directly comparable as a domestic multi-product wealth platform serving retail and institutional clients.

Emerging players

• Betashares: Australian ETF and fund manager specializing in exchange-traded products. Comparable as an emerging Australian fund issuer taking share from traditional active managed funds in the retail channel.
• Vanguard Australia: Leading low-cost passive investment provider in Australia with rapidly growing ETF and managed fund AUM. Comparable as an Australian managed funds issuer and key competitive disruptor to active managers like Sandhurst.

Broad incumbents

• AMP Limited: One of Australia's largest wealth managers with a full platform of managed funds, superannuation, and advice. Comparable as a vertically integrated wealth provider, though operating at materially larger scale and across broader product lines.
• BT Financial Group (Westpac): Wealth management arm of Westpac, offering managed funds, super, and advice. Comparable as a bank-owned wealth platform leveraging a parent branch and customer base, similar to Sandhurst's Bendigo Bank relationship.
• Colonial First State (CFS): Major Australian wealth platform owned by KKR. Offers managed funds and superannuation across retail and employer channels. Comparable as a large-scale incumbent managed funds issuer and responsible entity.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Sandhurst Trustees