Gradidge-Mahura Investments training young financial talent
Submitted by: samantha Save to Instapaper
South African’s are notorious for not saving enough, at best we save about R1 out of every R10 which is why Gradidge-Mahura Investments (GMI) has taken on the challenge to change this mindset. At the helm, Craig Gradidge and Kagisho Mahura set out, over a decade ago, to break that mould, driven by their vision to improve financial literacy and enhance access to investment deals that benefit South Africans across the race, age and social spectrum.
“South African’s do not have a saving mentality and we set out to change that,” says Kagiso. “If we want to change our country, we have to be able to service a wider spectrum of clients. So, we are very passionate about training young South African’s to become fully fledged financial advisors and planners so that they will be the one’s in the future to create better investors for South Africa as a whole.” Set within the context, Mahura says that statistics indicate that the average South African financial adviser is 52, white, Afrikaans and male…but the market is changing.
“Today’s market is young, black and professional and we felt we needed to get in and start changing the conversation.” Today, they head up a flourishing wealth management firm that went from managing R10million with an emphasis on young black professionals in year one, to an impressive R950million today, with a diverse and eclectic spectrum of clients attracted by their strong focus on relationships and value creation.
“At GMI we were quite deliberate in trying to do things differently to the way anybody else has done before that we were aware of,” says Mahura. “So, the way we structured the business is that the client sits at the centre. Everything we do, the obvious question is always, is it good for the client? It's got nothing to do with what’s good for the advisor or good for the business because we know, if it's good for the client eventually it's going to be good for the business.”
GMI is one of the companies highlighted by local producer Shani Kay in #SAINC, a 20-part series airing on local TV channels and across social media throughout the year with the objective of changing the narrative in South Africa, and highlighting and celebrating the country’s successes and achievements.
Kay wants to help South Africa step closer to its true potential, and believes she can help shift negative attitudes by sharing stories about the role of business in the strategic delivery of global goals to positively impact the lives of real people. She, like Gradidge and Mahura, supports an authentic approach to black economic transformation in South Africa as opposed to the unequitable version that has delivered the “BEE barons” of the years since democracy.
“We are starting to see many innovative business models and inclusive solutions that are delivering both profitable returns and societal value in synergy. And that’s essential if we want to achieve sustainable transformation rather than continue wrestling with a degenerating business environment in which profit will be increasingly difficult to make,” Kay stressed.
View video: https://regency.global/gradidge-mahura/ Gradidge-Mahura Investments are also actively working towards changing the narrative around the notion that mattress banking is the best banking, and are passionate about improving financial literacy in the country. regency.global ETV: Sunday 26th May at 12h00 Follow #SAINC for all SA INC
For more information please contact Samantha Walt on 0827847453 or via email: samanthawaltpr@outlook.com
Latest Press Articles
- Understanding the terms and conditions of your funeral policy makes claiming easier
- PMI Launches Make Reality Virtual Hub to Inspire People to Turn Ideas into Reality
- Magna Carta MD, Moliehi Molekoa To Speak At The ICCO Global Summit
- Drawing up a will should be simple - Old Mutual unveils its online will solution
- Where there is a will, there is a way. A Will ensures your last wishes are honoured
- Avoid making early withdrawals from investment policies
- South African Wildlife Rangers join Africa-Wide drive to protect Wildlife as COVID-19 Jeopardises Decades of Wildlife Protection Success
- Reputation is a board-level concern and deserves the attention of the board says, Magna Carta
- Project Management Institute Announces 2021 Future 50 List Celebrating 50 Young Rising Leaders Changing the World
- Meeting savings goals does not mean you have to open multiple savings accounts
- Professional project managers one of the keys for driving economic recovery says PMI
- Dedicated community heroes awarded R 150 000 in Old Mutual Sisonke docuseries competition
- South Africa amongst the world’s best at coping with business related COVID challenges, says PMI
- Reform black tax, make it less taxing
- Strengthen your finances by overcoming your fear of taxes
The Pulse Updates
- Timeless, Bold, And Distilled With Care - Just Like Dad (June 2, 2025)
- New Report Reveals Msme Funding Realities In South Africa – And What Must Change (May 30, 2025)
- Opinion Piece: Incorporating Ai Into Workforce Planning (May 26, 2025)
- Bridging The Gap: Why Finance And Hr Must Collaborate For Business Success (May 19, 2025)
- Reclaiming Johannesburg’s Running Narrative Powered By The Streets. Refreshed By Pura. (May 16, 2025)