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Where does FirstRand Private Wealth Management and the International Advisory Service fit into the FirstRand Group?

April 26, 2017advisory fit group International Management private service wealth

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Where does FirstRand Private Wealth Management and the International Advisory Service fit into the FirstRand Group?

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FirstRand is one of the largest South African financial institutions and includes FNB, RMB, Momentum and several other financial service providers. FirstRand International Wealth Management Holdings which is wholly owned by FirstRand is the holding company of FRPWM, FirstRand Trustees in Guernsey and Ashburton, a fund management company in Jersey. FRPWM is domiciled in Jersey with a presence in the DIFC, the Dubai International Finance Centre, as well as London. The IAS provides an advisory service to clients regarding cross border financial transactions and the legal, tax and excon implications thereof. The IAS provides an integrated service in the Wealth Segment through RMB Private Bank and FNB Private Clients in South Africa and FRPWM in Jersey and Dubai.