STAN­DARD PRI­VATE BANK/ WEALTH & IN­VEST­MENT

Financial Mail - Investors Monthly - - Cover Story -

Over­all

Scor­ing nine points or more in each of the five archetypes se­cures Stan­dard’s ex­ten­sive wealth group­ing as the 2017 Top Wealth Man­ager of the Year, while it also bags sec­ond place in the Top Bank­ing Ser­vices award. This is a huge or­gan­i­sa­tion with strong African and in­ter­na­tional reach, but from its re­sponses it is clear that it man­ages to in­te­grate its var­i­ous oper­at­ing units seam­lessly to of­fer clients a holis­tic, full-spec­trum ser­vice. It also of­fers ex­cep­tional art and phil­an­thropic ca­pa­bil­i­ties.

What we say

Stan­dard con­sis­tently fo­cuses on the client and we’ve long been im­pressed by the per­sonal touch it brings, pre­par­ing clients for psy­cho­log­i­cal and emo­tional is­sues they might face as well as fi­nan­cial ones. It also runs lead­er­ship acad­e­mies for clients and their chil­dren. It lists a host of other ini­tia­tives, many fo­cus­ing on the fam­ily mem­bers of clients, that makes it stand out. We were par­tic­u­larly im­pressed by its re­sponse to our in­ter­na­tion­ally wealthy fam­ily archetype. It went into depth, de­scrib­ing not only the op­tions on of­fer and im­pli­ca­tions of each, but also how as­sets held in var­i­ous ju­ris­dic­tions might be af­fected by tax and hered­i­tary laws, sup­ple­mented by pro­pos­als on what to do in each in­stance, for ex­am­ple to im­prove tax im­pli­ca­tions. Frankly, there are no weak­nesses to its of­fer­ing, and a third-place rank­ing in the Peo­ple’s Choice sur­vey shows it has suc­ceeded with its client­cen­tric fo­cus.

El­i­gi­bil­ity

● Pri­vate bank: In­come of R1m/year. ● Wealth & In­vest­ment: Po­ten­tial in­vestable as­sets of more than $1m/year.

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