FPI Approved Professional Practice™ firms worth their weight in gold and it shows   

03 July 2018: Johannesburg – A 10-year anniversary and top wealth manager status are among the many milestones Gradidge-Mahura Investments are celebrating this year.

In the recent Top Private Banks and Wealth Managers survey conducted by Intellidex, a research house focused on South Africa’s capital markets and financial services, Gadidge-Mahura was named top wealth manager (ranked first. The practice also won two archetypes awards; the Lump-sum Investor and Young professional archetypes, the People’s Choice Award as well as ranked fourth in the Successful entrepreneur archetype. With Brenthurst Wealth Management ranking second in the Lump-sum Investor archetype and third in both the Young Professionals archetype and People’s Choice Award.

Both Gradidge-Mahura and Brenthurst are recognised as FPI Approved Professional Practice™ firms after the two practices successfully met rigorous and highest professional financial standards set by the Financial Planning Institute (FPI).

The comprehensive Top Private Banks and Wealth Managers survey aims to provide an important insight into the competitiveness of South Africa’s private banks and wealth managers.  It was designed as a guide for potential clients to establish which institution will serve their individual needs the best. Most importantly, the survey aims to generate substantial statistical analysis of clients’ opinions that can be useful to firms that want to improve their products and services. 

The overall rankings are based on the weighted scores, each institution received for each archetype. The archetype cores are unweighted and the People’s Choice winners are based on the feedback received through the clients’ survey. To ensure delivery of a product that meets readers’ needs, and to reflect the dynamics of the wealth management industry, the survey is improved yearly.

“Congratulations are in order for two of FPI’s Approved Professional Practice™ firms, Gradidge-Mahura Investments and Brenthurst Wealth Management, who came out tops respectively in the recent Top Private Banks and Wealth Managers Survey . The Institute is proud to have these financial planning practices as one of the select few practices that we have recognised”, said Stephanie Pillay, FPI COO.

She added, “This recognition validates that the practice is following the six-step financial planning process and that they place the needs and objectives of their clients at the heart of their business.” 

To find out more about the FPI Approved Professional Practice™ brand, visit the FPI website or email membership@fpi.co.za. To download the full Top Private Banks and Wealth Managers survey, go to www.intellidex.co.za.