BANK Windhoek and Capricorn Asset Management have partnered to create Capricorn Private Wealth, a Namibian financial service meant to create a boutique financial service that caters to the specific needs of individual clients.
The offering was launched last Thursday, at which Bank Windhoek’s managing director, Baronice Hans, said: “Through years of working with high net-worth clients, we have learned countless lessons, one of the most important being that each and every client is different. No two clients have the exact same goals or financial aspirations.
“In order to thrive in this segment of the market, we needed to create an offering that is highly personable, flexible, and can be delivered to the highest standard to each and every client.”
Focusing on its consumers, Bank Windhoek’s primary focus is to identify the white space opportunities which enables it to remain relevant, whilst addressing needs and unlocking growth for its clients.
The bank aims to be a catalyst for sustainable opportunities and growth, leading it to innovative solutions concerning their customers’ needs and aspirations.
Speaking at the same platform, Capricorn Asset Management managing director Tertius Liebenberg said: “Capricorn Private Wealth launches with a unique look that is refined and understated, created with the goal of appealing to the refined tastes of high net-worth clients.
“To add to the customer experience, we have created a modern private banking suite, in which we will be able to address all the needs of clients. It is all part of a strategy underpinned by highly personalised service and attention to detail to ensure we achieve the best outcome for each client.”
The launch of Capricorn Private Wealth has been a long time in the making, with product and process testing beginning in April 2017.
The two institutions believe that this unique offering is the realisation of their vision, meant to create a personable, adaptable and flexible offering to cater to the needs of their high net-worth clients.
This launch is significant as the offering is unique and second to none in the market place as Capricorn Private Wealth strives to deliver sustainable value to its clients.
Capricorn Private Wealth clients will be able to enjoy the services of a wide range of specialists and experts in their respective fields. This includes private bankers, wealth managers and fiduciary specialists who will be able to assist them with trusts, estates and wills, as well as a forex specialist who will assist clients with foreign payments, receipts, and import and export transactions. Clients will also be able to receive expert advice on tax, and offshore and insurance needs.
Capricorn Private Wealth is a joint venture between Bank Windhoek and Capricorn Asset Management, members of the Capricorn Group.
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