Recently Released!!!
Date Published: July 18, 2018
Summary Power Point Deck: 63 Slides
Reference Power Point Deck: 230 Slides
The purpose of this research is to provide readers with a comprehensive understanding of the future of the retail banking, insurance, brokerage, & investment management industries in South Africa, which presents substantial wealth but also challenges for United States financial services firms, including several languages, a different currency, & different laws. In short, this research defines the future of advice in South Africa and compares these findings to those of the United States in order to provide readers with some perspective. South Africa has trends parallel to those in the United States, but also some fundamental market differences.
This research addresses the three historical phases of South Africa, including:
- Early Phase
- Maturation Phase
- Stumbles Phase
This research defines distinct market segments, including:
- Johannesburg
- Cape Town
- Durban
- Pretoria
- Port Elizabeth
- Other South Africa
And this research makes the following predictions for South Africa, including:
- Continued Dominance of Retail Banks
- Growth of Full-Services & Discount Brokerage Firms
- Emergence of Independent Advisors
- Increased Mergers & Acquisitions Opportunities