“ This year, as well as in 2016, the bulk of assets under management per client were between R3m and R10m ”

- 2017 Top Private Banks & Wealth Managers survey

“ 60% of private bank clients rate the quality of advice they receive as ‘very good’ or ‘excellent’ ”

- 2017 Top Private Banks & Wealth Managers survey

“ The percentage of private banking clients who feel they receive excellent value for money decreased from 25% in 2016 to 17% this year ”

- 2017 Top Private Banks & Wealth Managers survey

“ Of the 100 largest JSE-listed companies 87 conducted BEE deals, 35 of those included public benefit organisations ”

- 2017 Empowerment Endowment

“ Assets under management of R5.5 trillion, up from R4.7 trillion last year, while they spent about R1.9bn in brokerage last year and the previous year. ”

- 2017 Ranking the Analysts survey

“ R32.6bn in endowments now held by foundations set up as a result of BEE deals that will support charitable activities ”

- 2017 Empowerment Endowment

“ The percentage of wealth management clients who are “extremely likely” to recommend their institution declined to 53% from 78% last year ”

- 2017 Top Private Banks & Wealth Managers survey

“ This year, 35% of wealth management clients say they receive excellent value for money, down from 54% last year ”

- 2017 Top Private Banks & Wealth Managers survey

“ More than 70% or wealth management clients rate the quality of the advice they receive as ‘very good’ or ‘excellent’ ”

- 2017 Top Private Banks & Wealth Managers survey

“ R51.6bn value created specifically for charitable recipients through BEE deals ”

- 2017 Empowerment Endowment
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Researching Capital Markets and Financial Services

SBG holds top spot among firms in analyst rankings

SBG Securities takes the top place in this year’s Financial Mail-Intellidex Top Analyst rankings for the second year in a row. The locally-based firm, part of the Standard Bank Group, has maintained its lead over international majors. RMB Morgan Stanley, the joint venture between Rand Merchant Bank and US firm Morgan Stanley, maintains its second-placed spot.

Awards were handed out a luncheon held at Times Media’s spanking new building in Empire Road on May 24, with comedian Nik Rabinowitz keeping the crowd highly entertained. The full report was published in that week’s Financial Mail and can found here.

Avior’s Richard Tessendorf and Kevin Mattison took top spot in the media category, which has become important as Naspers has grown into the biggest company on the JSE. Other important sectors including banks and retailers have stayed consistent with last year, with UBS’s Stephan Potgieter top-ranked in banks and Deutsche Bank’s Sean Holmes maintaining his top spot in general retailers. In total, of the 41 research categories, 25 had new top-ranked analysts.

And pointing to a promising future for SA’s, there were strong entries in the Young Analyst of the Year competition that is open to analysts under 30. Peregrine Securities’ Emlyn Flint won the award in the non-equities category and BPI Capital’s Lara Simpson was the best young equities analyst.

The FM rankings are the premier measure of the performance of institutional stockbrokers in providing research and other services to their clients.

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