A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation.
Find below are the list of Financial Advisors In South Africa
Dave Gumede Financial and Investment Services
Address: 34 Joe Slovo St, Durban Central, Durban, 4001
Phone: 031 304 9460
Strategic Financial Management
Address: 150 Florida Rd, Windermere, Durban, 4001
Phone: 031 303 1060
Alet Bronkhorst – Liberty Financial Adviser
Address: 5th Floor, Menlyn Corner, 87 Frikkie De Beer St, Menlyn, Pretoria, 0181
Hours: Closed ⋅ Opens 8AM Tue
Phone: 084 840 3112
RN Wealth
Address: G52, Park, 18 Musgrave Rd, Musgrave, Durban, 4001
Phone: 031 201 0759
How many financial advisors are in South Africa?
According to David Kop, executive director: relevance at the FPI, there are about 4800 CFP professionals in South Africa, of which 3800 are practising. This represents a relatively small portion of all financial advisers and intermediaries in the country, which number in the tens of thousands.
How much is a financial advisor in South Africa?
Costs. Traditional advisors typically charge 1% – 2% of the value of the investor’s investment portfolio on an annual basis.
How do I become a financial advisor in South Africa?
Experienced financial planners
Minimum of three years’ financial planning experience.
Has obtained the relevant qualifications.
Has passed the regulatory examinations (RE5)
Meet Fit and Proper regulatory requirements with regard to personal character and qualities of honesty and integrity.
What does a financial manager earn in South Africa?
The average salary for a Financial Manager in SA is R 652 000 gross per year (R 54 330 gross per month), which is 135% higher than the South Africa’s national average salary. Salary Range: a Financial Manager can expect an average starting salary of R 368 000. The highest salaries can exceed R 1 000 000.
What skills should a financial advisor have?
Financial advisors need both strong interpersonal and analytical skills. They must be able to analyze investment and financial data, then clearly communicate their findings with their clients. When deciding if you should become a financial advisor, look at what you’re naturally good at, Castro says.
Can financial advisors make a lot of money?
The median annual wage for personal financial advisors was $87,850 in May 2019 The lowest 10 percent earned less than $42,950, and the highest 10 percent earned more than $208,000.
Who can become a financial advisor?
To take up a financial advisor profession, one should have a related education in it. Candidates who have a bachelor’s degree related to finance can think about this career option. One can also take up this profession with specializations in the fields such as accounting and financial management