PSG named SA’s Wealth Manager of the Year for 6th Consecutive year

Cape Town – 26 June 2024: PSG Wealth was named Top Wealth Manager of the Year: Large Institutions at the prestigious Krutham Top Private Banks and Wealth Managers Awards for the sixth consecutive year. The firm also placed first in five out of the six archetype awards taking top honours in the following categories:

• The Young Professional Category
• The Successful Entrepreneur Category
• The Wealthy Executive Category
• The Lump-sum Investor Category
• The Retiree Category

Krutham (previously known as Intellidex) conducts a range of research across financial and capital markets in South Africa. The 2024 Krutham survey saw participation from 12 317 clients of wealth managers and private banks nationwide. The Top Wealth Manager award is based on the judges’ assessments of responses in the firm questionnaire (40%), and on clients’ ratings from the survey (60%).

The table below highlights PSG Wealth’s growing prominence over the last three years.

*Gradidge Mahura

Source: Krutham awards

Edward Gibbens, Chief Executive of PSG Distribution, says he sees this recognition as a testament to the company’s unwavering dedication and hard work in meeting clients’ needs. “It is a team effort, with thanks to the advisers, office support staff and support divisions who embody the PSG values daily and deliver outstanding service to clients,” he said.

Gibbens believes that PSG Wealth’s success is underpinned by constant innovation and quality adviser-client relationships. “We continually evolve our financial advisory process to deliver personalised yet consistent advice to every client.”

Gibbens also noted that PSG Wealth will continue to set the benchmark for best-in-class financial service and outcomes for their clients.