Thomas steps down at Amplifi

Amplifi was established in 2022 as a diversified investment and wealth management group and became the parent company of Mint Asset Management.

Thomas took over the Amplifi chief executive role after its original CEO, Fred Ohlsson, left to join non-bank lender Avanti.

Thomas says this is "the next phase of me heading to retirement."

She will still be involved with the business as an executive director looking after mergers and acquisitions and key relationships such as the NZ Superannuation Fund.

Since Amplifi was formed it has acquired a number of financial planning businesses including Nelson-based Totara Wealth Management and Sage.

Thomas will remain chair of the investment committees for both these groups.

While the company has been actively looking to acquire further financial planning businesses there are not a lot of willing sellers at the moment, she says.

Kirsten Boldarin, who is currently Mint's Head of Distribution – Wholesale and High Net Worth will become the new chief executive and will retain her current role.

She has been with the company for two years and is "the right person for the job," Thomas says.

Boldarin has Mint's DNA and "understands us as a business."

She also has considerable experience in wealth management. Before joining Mint, Boldarin was based in London. The majority of her experience was gained at Stonehage Fleming Investment Management as a member of the investment committee responsible for managing multi-asset portfolios on behalf of ultra high net worth clients. She also held various research related and client servicing roles.