Launch of a major new independent investment consulting business
Rezco, a specialised investment group, has announced that it is expanding with the addition of an independent new investment consulting business, led by the former head of investment consulting at Old Mutual Actuaries & Consultants (OMAC).
Rezco Investment Consulting (RIC) is headed up by Windall Bekker, former Head of Investment Consulting at OMAC and Jann Krynauw, former Senior Investment Consultant at OMAC, who together consulted on more than R120 billion of assets.
Bekker says that although Rezco’s asset management business has won both Raging Bull and Morningstar awards and offers some of the best performing funds in the market, one of the key considerations in joining the group was the fact that RIC will be an independent investment consulting business. “There are two distinct forms of investment consulting expertise – independent consulting or implemented consulting – and we strongly believe that an independent business enables the consultants to put the interests of the clients first.
He says, a further reason that attracted him to the Rezco Group is the company’s fundamental philosophy of preserving capital, whilst creating wealth.”This philosophy, along with Rezco’s approach of putting the interests of clients first, closely mirrors Jann and my values,” says Bekker.
He says RIC has already attained significant new business in the investment consulting space. “We are able to offer clients advice that is completely independent, ensuring that we are able to deliver strategies that are most appropriate to their needs.
Bekker says his priority at RIC is to ensure that all clients are given the best advice for their specific needs to ensure the long term sustainability of their investments, whilst at the same time doing so with greater efficiencies to maximise the return on investment.
Rob Spanjaard, investment director at Rezco, says the company is very excited about the introduction of RIC to the group’s stable. “Windall Bekker and Jann Krynauw are both highly respected in the industry and bring with them a wealth of knowledge, expertise and longstanding client relationships. We are very confident that with these two at the helm, RIC will be one of the leading independent investment consultants in South Africa.”