By Daniël Kriel, 29 July 2016
This year the competition was heightened as the result of both traditional wealth management firms and private banks, previously separate categories, were consolidated into one, “To receive this award for a third year running is an acknowledgement of the quality of our team and client centric business model. As both bank and non-bank wealth managers were considered this year, the 2016 win is testament of our stronger performance,” says an excited Daniël Kriel, CEO of Sanlam Private Wealth.
“It also highlights the success of our long-term strategy which we’ve been implementing for the past nine years. Our strategy places strong emphasis on investment performance, providing the highest quality of service to our clients, growing the business, enhancing efficiencies, building the brand, and investing in Sanlam Private Wealth’s people,” says Kriel.
Sanlam Private Wealth offers holistic, integrated wealth management services to high net and ultra high net worth private individuals and their families in South Africa, the UK, Western Europe and Australia.
“With the wealth management space becoming increasingly competitive, we are overjoyed that Sanlam Private Wealth has again been recognised as the leader in the industry. A milestone that entrenches our commitment to uphold our level of service delivery across our offering range and provide truly client focused and bespoke wealth management services,” adds Kriel.
In what is arguably the only comprehensive survey of the wealth management industry in South Africa, Sanlam Private Wealth had the highest overall score out of a broad range of wealth managers. Out of the five archetype questions, Sanlam Private Wealth ranked a leaping first position in three categories and third in the remaining two categories – a sterling rounded performance.
The research undertaken by Intellidex assesses each wealth management company against a range of criteria, including service offering, growth strategy, international presence and the strength of its brand. The survey is structured in such a way so as to guide potential clients on the company best placed to serve their individual needs.