Financial advice firm Carrick Wealth has expanded its presence in South Africa with the opening of an additional office.
The team will be based in Port Elizabeth, the Eastern Cape region, as it believes the province is “often overlooked as a commercial hub”.
It already has offices in South Africa, Zimbabwe, Malawi, the UK and Mauritius.
As part of the expansion, Craig Holmes has become Easter Cape regional manager.
At the opening ceremony on 4 November 2021, Holmes said that there is “untapped potential” in the region, “stemming both from its innate economic value offering and the unique culture of its residents”.
He added: “There’s a very strong sense of community and remote service doesn’t cut it here. It’s really important for us to have feet on the ground and a solid operation. We believe we are able to service these clients better through a regional office. There are diverse business nodes in the Eastern Cape, each with its own opportunities and requirements. In Port Elizabeth, opportunities are mainly generated through industry and SMEs.
“Further out are the productive citrus, mohair and cattle farming districts. Then there is the more entrepreneurial East London node and the Transkei, as well as the affluent, tourist focused area towards the southern Cape. Developing a sustainable presence in a diverse and self-sufficient region like this is important to us as a business.”
