Who is a Financial Advisor?
A financial adviser or financial advisor is a professional who provides financial services to clients based on their financial situation. In many countries, financial advisors must complete specific training and be registered with a regulatory body in order to provide advice.
List Of Richest Financial Advisors In South Africa
- Todd TresidderThomas HMeb Faber Jude Boudreaux Robert FarringtonScott Bell Tom Brakke Beatrice Schultz
How many financial advisors are there in South Africa?
Protecting and promoting independent financial advice
We represent more than 12 000 licensed financial services advisers throughout South Africa, including multinational, large, medium, and small businesses.
What is the best financial advisor company in South Africa?
Brenthurst Wealth has been ranked as one of the top boutique wealth managers in South Africa for the 6th consecutive year at the 2022 Intellidex Private Banks and Wealth Manager Awards. The company won the top award in the boutique wealth manager category in 2020 and 2017.
How much does a financial advisor cost in South Africa?
The monthly retainer depends on the adviser’s experience and qualifications, and your circumstances. Fees range from R1500 a month to more than R4500, Brachner says. A disadvantage of a flat fee is you have to have the cash to pay the fee.
How do financial advisors make money in South Africa?
Commission-based. The adviser receives a commission from the product provider on each financial product sold. It may be an upfront commission, an ongoing annual commission over the life of the product, or both.