Australian Wealth Management was formed in July 2003 as a division within the TOWER Group, an Australian and New Zealand financial services company. The new division was comprised of a number of TOWER-owned businesses, which had been operating independently in the wealth management industry.

In February 2005, the integrated wealth management division formally separated from the TOWER Group and listed on the Australian Stock Exchange as Australian Wealth Management Limited.

In May 2006, Australian Wealth Management merged with Select Managed Funds.

History of Bridges Financial Services
Bridges was established in 1985 and initially focused on the provision of financial planning services. Since then it has built strong relationships with a number of key partners including more than 100 credit unions, building societies, professional organisations, and referral partners such as accountants and solicitors.

Bridges (and its related entities) now operates financial planning and stockbroking businesses, a master trust called The Portfolio Service, and provides investment research and asset management services for its key partners.

History of Australian Executor Trustees
Australian Executor Trustees (formerly TOWER Trust) has over 120 years of experience as a specialist provider of trustee services, will preparation, wealth management products and services, and wealth preservation and transfer services.

History of Select Managed Funds
Select was established in 1981 with a focus on providing administration, investment management and financial advice services to superannuation funds.