what are the krutham top private banks and wealth managers awards?
Launched in 2012, the Top Private Banks & Wealth Managers survey conducts an in-depth study of wealth managers and private banks, along with their clients. The survey places a strong emphasis on client rankings of these firms across a wide range of categories.
what does the survey entail?
The research process for this survey collected valuable insights and information from clients, encompassing demographic data and client rankings of their specific institutions across various aspects such as products, services, and costs. This report includes private banks and wealth managers, with benchmarking against industry averages and historical data.
Why is this survey important?
A thorough survey reveals critical insights into the competitiveness of South Africa’s private banks and wealth managers. This invaluable resource empowers potential clients to identify the institutions that will best cater to their unique needs. Furthermore, the survey offers robust statistical analysis of client feedback, providing firms with essential information to refine and elevate their products and services. This makes it an indispensable tool for both clients and institutions striving for excellence in the financial landscape.
which are the main awards?
The Top Wealth Manager awards, which include both large institutions and boutique firms, are determined by a combination of evaluations. Specifically, 40% of the score comes from the judges’ assessments of the responses in the firm questionnaires, while the remaining 60% is based on client ratings collected through an online survey.
Top Relationship Manager in Wealth Management is based entirely on client ratings from the online survey.
People’s Choice: Wealth Managers is based solely on client ratings from the online survey.
hOW HAS CENTRIC PERFORMED OVER THE PAST 5 YEARS?
Centric first entered the Krutham (formerly known as Intellidex) Top Private Banks and Wealth Managers awards in 2021. Since then, the company has achieved the following placements:
– 1st place: 11 times (7 main awards)
– 2nd place: 8 times (4 main awards)
– 3rd place: 5 times (2 main awards)
In total, Centric has reached the podium 24 times.
In an impressive feat, Centric has captured the coveted People’s Choice award four consecutive times over the past five years! This remarkable achievement highlights the company’s dedication to excellence and the unwavering support of its loyal clients.
In 2023, Centric achieved success by winning all major awards, including first and second place for Top Relationship Manager.
We are incredibly proud to be featured in each year’s awards and grateful for the time our clients take to complete these surveys annually.
Thank you to our clients for their continued support.