Hewison’s future: Independent yet evolving with strategic investment

Hewison Private Wealth Welcomes Strategic Partner Pemba Capital Partners to Support Its Next Chapter of Client-Centric Growth

Hewison Private Wealth (Hewison), one of Australia’s leading independently owned wealth advisory firms, today announced the completion of a strategic investment by Pemba Capital Partners, an investor with a track record of backing professional and advisory services businesses through growth.

The investment supports Hewison’s ambition to be recognised as one of Australia’s leading boutique wealth management firms, providing capital and experience the firm can put toward its advisers, its people and its technology, while its independent ownership, investment philosophy and client relationships remain unchanged.

The transaction marks a significant milestone in Hewison’s 40-year history and reflects the firm’s commitment to securing the resources and long-term capability required to continue delivering exceptional outcomes for its clients into the next generation.

Pemba holds a strategic, non-operational stake in the business. Hewison will continue to operate with full independence under the current leadership, there is no change to the firm’s advisory team, investment philosophy, client service model, or direct asset ownership structure.

“This is a decision made in service of an ambition we’ve held for a long time: to be recognised as one of Australia’s leading boutique wealth management firms. We were patient, we were selective, and we found a partner who genuinely understands what Hewison Private Wealth stands for. Our clients can be completely assured that their adviser, their strategy, their assets held directly in their name, and the independence that has defined us since 1985 are all unchanged. What changes is our capacity to invest in the future of this firm, in our people, our technology, and the depth of service we provide.” Andrew Hewison, Managing Director, Hewison Private Wealth.

Founded in Melbourne in 1985, Hewison Private Wealth manages approximately $3 billion in funds under advice on behalf of high-net-worth and ultra-high-net-worth Australians. The firm holds its own Australian Financial Services Licence (AFSL No. 227185), operates without commissions or product influence, and has maintained a zero professional indemnity claims record across its 40-year history.

Pemba is an investment partner with a track record of backing professional and advisory services businesses through strategic capabilities. The firm’s investment in Hewison represents its only exposure to private wealth management in Australia.

“Pemba has been exploring a partnership with a wealth platform for some time. Hewison stood apart: genuinely independent, a 40-year track record, and a culture built around its clients, none of which we intend to change. Pemba is looking forward to investing in its client experience, its people and its technology.” Mark Bryan, Managing Director, Pemba Capital Partners

Hewison Private Wealth has stood alone for 41 years. Founded by John Hewison in 1985, the firm was built on a vision for a different, client-focused, financial services model where we put the focus on integrity and leading professional standards.

It has taken 41 years of slow and steady growth and continual re-investment into the business to improve the service and experience provided to you, our dearly loved clients.

Our guiding values of Independence, Integrity, Innovation and Expertise continue to shape every decision we make in the best interest of our clients and staff.

While we absolutely continue to stand for the beliefs and values shared above, we have also learnt that to continue growing client value, we must continue to change and evolve.