Standard Bank Wealth and Investment wins awards

Standard Bank Wealth and Investment has won the prestigious award for Best Private Bank in South Africa and Top Wealth Manager for Wealthy Executives following the announcement by Intellidex and Investor’s Monthly at the SA’s Top Private Banks and Wealth Managers awards function last evening.

Within the present economic conditions, preserving and growing the wealth of families and individuals across the country is becoming increasingly complex, and more crucial than ever.

According to Shaun Kotwal, Head of Wealth Management in South Africa for Standard Bank Wealth and Investment, targeted best-in-class service offerings, competitive strategies and client-centricity are imperative to fulfil the wealth goals and aspirations of clients.

All this, coupled with maintaining deep and intelligent client relationships and adhering to key principles that go beyond wealth, allow Wealth and Investment to craft effective long-term inter-generational wealth plans that enable clients to better build, preserve and grow their wealth.

Standard Bank Wealth and Investment’s Leadership Academies, targeted at the family members of clients further sets Wealth and Investment apart. Launched specifically to engage with all members of the family between ages 10-24 years of age, and extending to a Women’s Wealth Academy, the Academies equip attendees with the necessary financial knowledge and skills to ensure the successful transfer and management of family wealth.

“We are delighted to see our efforts recognised in such an important South African award. It follows a number of international awards we have received recently for our ability to assist clients, by providing cradle-to-grave private banking and wealth management propositions, aligned to their unique wealth ambitions,” says Kotwal.

With a presence throughout South Africa, as well as in Kenya, Nigeria, Ghana, Uganda, Mauritius, Jersey and London, the Wealth and Investment’s international footprint, combined with the Standard Bank Group’s own African and international presence, and over 154-year heritage, empowers the bank with the diversification needed to lead a globally effective wealth strategy.

The increasing importance of Africa as a source of future wealth cannot be discounted.

“The majority of high-net-worth clients across Africa are seeking on-and offshore diversification, with an ever-increasing appetite for transactional capabilities, investments, lending, real estate and structures, supported by strong digital services. With the developing complexity of cross-border transactions, and a demand for real value, these clients are increasingly employing banking and wealth specialists with cross border expertise,” Kotwal says.

“Standard Bank Wealth and Investment is well positioned for this and, through our Relationship Managers, who in partnership with the Wealth Manager and their team of experts, seamlessly deliver the required wealth management and bespoke banking solutions.”

Kotwal concludes: “We are very proud to have been recognised for these achievements within South Africa and our focus will be to continually ensure that the unique goals and aspirations of our clients from across the continent are met for generations to come.”



Latest


16 Feb 2021
Transition management services partnership announced

Standard Bank has signed a memorandum of understanding (MoU) with Chicago-headquartered financial services company Northern Trust, to partner on the…

Transition management services partnership announced

Standard Bank has signed a memorandum of understanding (MoU) with Chicago-headquartered financial services company Northern Trust, to partner on the delivery of transition management services across Southern Africa. Under the partnership, Standard Bank’s clients will gain access to Northern Trust’s full suite of transition management services. Transition Management is a…

16 Feb 2021
Tax free wealth creation with property funds

By Liliane Barnard, CEO and Portfolio Manager at Metope Investment Managers, and Aimee Glisson, Director: Operations, Performance & Risk at…

Tax free wealth creation with property funds

By Liliane Barnard, CEO and Portfolio Manager at Metope Investment Managers, and Aimee Glisson, Director: Operations, Performance & Risk at Metope Investment Managers The tax year, along with the deadline for an investor’s maximum R36 000 annual tax-free savings account contribution, comes to an end on the 28 February 2021. Investors…

16 Feb 2021
Why multi-manager investing is popular

Multi-management has been around for over two decades. This investment management approach is popular among many investors because it promises…

Why multi-manager investing is popular

Multi-management has been around for over two decades. This investment management approach is popular among many investors because it promises to deliver smoother, more consistent investment returns, despite cyclical turbulence of financial markets. Given last year’s drastic swings in financial markets and continued uncertainty on how the Covid pandemic will…

16 Feb 2021
Momentum Health Solutions unpacks COVID-19 vaccine roll-out plan

Momentum Health Solutions announced its COVID-19 vaccine roll-out strategy and how it intends to support both its members, as well…

Momentum Health Solutions unpacks COVID-19 vaccine roll-out plan

Momentum Health Solutions announced its COVID-19 vaccine roll-out strategy and how it intends to support both its members, as well as the uncovered population, in being vaccinated. As the COVID-19 virus continues to spread, a third wave is imminent, should the vaccination rollout not commence soon. Speaking at a recent…


Top stories


10 Sep 2020
How too much choice is draining your brain

By: Paul Nixon, head of technical marketing and behavioural finance at Momentum Investments From the words of Francis Scott Key…

How too much choice is draining your brain

By: Paul Nixon, head of technical marketing and behavioural finance at Momentum Investments From the words of Francis Scott Key that dubbed America “The land of the free”, which stuck, to the unforgettable Mel Gibson monologue where an army of painted Scots were willing to trade their lives for the…

13 Apr 2020
Investors should keep a reasonable investment allocation outside of SA

MoneyMarketing asked Roland Gräbe, the head of Tailored Fund Portfolios at Old Mutual Wealth, about offshore investments in the COVID-19…

Investors should keep a reasonable investment allocation outside of SA

MoneyMarketing asked Roland Gräbe, the head of Tailored Fund Portfolios at Old Mutual Wealth, about offshore investments in the COVID-19 environment and what form a global market recovery will take.

13 Apr 2020
SA’s Proposed Covid-19 Disaster Management Tax Relief

The National Treasury recently issued the draft Disaster Management Tax Relief Bill (Bill) for public comment by 15 April. The…

SA’s Proposed Covid-19 Disaster Management Tax Relief

The National Treasury recently issued the draft Disaster Management Tax Relief Bill (Bill) for public comment by 15 April. The draft Bill, together with its explanatory memorandum, provides clarity with regards the tax relief measures President Cyril Ramaphosa announced on 23 March.

10 Apr 2020
When the going gets tough, farmers are on familiar territory

South African farmers are old hands at adapting to uncertain and daunting circumstances, and our local agricultural industry has proved…

When the going gets tough, farmers are on familiar territory

South African farmers are old hands at adapting to uncertain and daunting circumstances, and our local agricultural industry has proved to be most enterprising in acclimatising to challenges as they arise.


Visit the official COVID-19 government website to stay informed: sacoronavirus.co.za