PSG Financial Services posted a strong overall performance for the year, with a 24.7% increase in recurring headline earnings per share, driven by growth in PSG Insure, PSG Wealth, and PSG Asset Management.
Financial planners weigh in on the fallout and why investors should stay calm.
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The group reported a 15.9% increase in assets under management to R435bn.
The stronger rand has shifted the focus back to domestic equities and property. Managers leaning into local value and shedding expensive offshore assets are reaping the rewards of this pivot.
The adviser said she shared the client information to prove her remuneration when applying for a job with a competitor.
The annual Krutham Top Private Banks and Wealth Managers survey can help potential clients establish which institution will best serve their needs.
The final dividend was 14% higher than last year, while headline earnings rose by 11% to R1.033bn.
