Efficient Group acquires Vital Consult National Holdings

The News is out: Vital Wealth and Vital Consult National Holdings have been acquired by the Efficient Group.

The effective date of both these transactions by the Efficient Group (and subsidiary Efficient Financial Services), is the 1st of March 2017.

(As you know, I operate as an independent consultant under Vital Consult… clients will be getting official notification shortly).

As the news has been released via a statement by the Efficient Group, it is time to put it out on this blog.

Here is a link to the Fin24 article: Acquisition

This will mean that the Efficient Group’s financial planning arm will have around 300 registered financial advisors in its distribution network. With a presence right around South Africa.

The group will continue to streamline its businesses and offer value through its organisational structure into the future.

Currently the Efficient Group operates under 3 market focused clusters:

  1. Financial Services (which includes Financial Planning): Exceed Asset Management; Efficient Wealth; Efficient Advise and Stead Wealth.
  2. Services and Solutions (value added financial Services, solutions and products): Efficient Board of Executors; Efficient Private Clients; Paraplanner Model; Naviga Solutions and Efficient Med.
  3. Investments (Asset administration; Asset management and Asset consulting): Boutique Collective Investments; Boutique Investment Partners; Select Manager and Efficient Select).

As you can see, this will extend the operational ability of all advisors operating under the group… and by its nature, extend the value offering to all their clients.

Congratulations to Vital Consult and the Efficient Group on making this a reality!

Efficient Group acquires Vital Consult National Holdings was last modified: March 5th, 2017 by Kenny Williamson

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