FirstRand wealth management business to target Indian expats

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South African-based FirstRand has launched FirstRand Private Wealth Management (PWM) with branches in the Channel Islands and Dubai plus plans to expand into India.

Trevor Falle, CEO at FirstRand’s international wealth management business, said the firm’s South African model and philosophy are ‘transportable internationally’. “Given our experience in South Africa, we are well-placed to serve the new generation of wealthy individuals. We have a good understanding of their needs and proven expertise in creating solutions to match these needs using an open architecture approach,” he said. Aiming to offer tailored wealth management solutions internationally, the firm will use financial products from the global marketplace, utilising group products where ...

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