05/11/2024
It’s been a busy and exciting month for the team at Carmel Wealth, as we have concluded three transactions with exceptional wealth management firms.
It’s great to see that more high-quality IFAs have recognised that our succession and growth model is based on respecting advisor independence, enabling us to tailor our transactions to the specific needs of each practice.
This month, we’re proud to announce that we acquired a minority interest in a premier multi-family wealth office based in the Western Cape. We will support the founder with strategic planning, succession, compliance, and technology for years to come, ensuring ongoing market-leading service for high-net-worth families.
We have also finalised transactions with two investment-focused advisory practices active across the South African market:
· One advisor has joined Carmel Wealth to leverage our best-in-class infrastructure to scale his business sustainably over the next 20 years, while retaining complete independence in product choices for clients.
· Another advisor has joined Carmel as he plans his retirement, ensuring his clients’ needs remain the priority during this important transition.
Carmel Wealth unique approach enables succession and growth for IFAs looking to work with a partner that puts them and their client’s needs first. If your wealth or risk advisory business is navigating succession, scalability, or continuity, let’s connect. You can reach out to us at [email protected] for a conversation about how we can work together.
