Top Fiduciary and Tax team joins Sanlam Private Investments

Sanlam Private Investments (SPI), the blue-chip private client investment management and stock broking business within the Sanlam Group, has announced the addition of a specialist fiduciary and tax team to its expanding business. The move – which sees the appointment of former RMB Private Bank’s head of Fiduciary and Tax, Marteen Michau, and three of her team members – is in line with SPI’s aim to extend their client offering beyond pure stock broking and portfolio management to provide a full spectrum of investment and wealth management solutions.

“The appointment of Marteen and her team is in line with our long-term strategic vision of growing SPI into a full-service wealth management business, providing a holistic suite of investment and financial solutions,” explains Daniël Kriel, CEO of SPI. “Attracting a team of this calibre is a significant feather in our cap – it means we are not only able to offer clients guidance on tax and fiduciary issues, as part of a full response to their financial needs, but we are able to offer them this service from the very best in the business.”

Michau and her team bring with them an exemplary collective track record. Previously head of RMB’s Fiduciary and Tax division, and head of its International Advisory Service, Michau is both an admitted advocate and Chartered Accountant (SA), with 19 years’ experience in managing tax, fiduciary and international advisory matters for ultra high net worth clients. She is joined by a highly qualified team, with whom she built a fiduciary and international advisory offering over ten years. This team consists of fiduciary and tax specialists Anton Maskowitz and Chanel Kempff, and fiduciary and tax assistant Kenrick Newport.

“SPI has established itself over the past few years as a significant player in the wealth management space and has proved its capabilities in consistent delivery of results for its clients,” said Michau of her appointment. “We believe in going the extra mile when it comes to meeting the expectations and needs of our clients and consider SPI to be a business that shares these values, with a reputation for quality service delivery, advice and investment performance. We look forward to working within this context, alongside the superior calibre of the SPI team, and building on the business’s offering even further.”

These appointments follow a flurry of industry heavyweights migrating from competitors to join SPI over the past year. In May previous BoE Private Clients Head of Investments and BoE Stockbrokers MD, Johann van Zyl, joined SPI to head up the Cape Town Southern Suburbs branch, followed by two more members of his team, Gavin Baguley and,Carl Schoeman, in June.

Kriel believes the interest of competitor professionals in SPI as an employer is testament to its success. “The fact that SPI is increasingly attracting top industry talent from our competitors confirms recognition for the reputation and service we have built as a business,” he says. “We are continually adding the best of breed to our team and this is translating into first-class delivery for our clients.”