Professional Provident Society (PPS) has introduced PPS Wealth Advisory, a boutique wealth management distribution channel exclusively for sophisticated or high net worth qualifying graduate professional members, their families and their businesses. PPS Advisory Services has identified a unique group of professionals who have created family wealth that require a different type of relationship, service and support.
“Our legacy of 79 years together with our exclusive focus on providing intelligent financial solutions for graduate professionals differentiates PPS from other players,” says Mzwandile Mtshali, Executive of PPS Advisory Services and Enablement.
Mutuality allows PPS to contribute to accelerating wealth opportunities for high net worth professionals seeking to create, protect and grow their family and business legacy. PPS Wealth Advisory’s criteria for clients is R5-million in net investable assets of which personal income in excess of R2-million a year is required. The balance of accessible finance could include share ownership schemes, inheritance, equity, investments or property holdings (excluding primary residences).
PPS Wealth Advisory will be led by Linda Sherlock, Executive Head: Wealth and Business Development, who brings significant expertise in the wealth market to the table.