NVest Financial Holdings is a South African financial services group operating through core companies NVest Securities and NFB Private Wealth Management. The company’s history stems back to 1985 with the establishment of NFB. The group grew steadily through organic and acquisitional expansion, evolving from a simple client advisory business to a diversified financial services provider. In 2015, the company converted to a public structure through the listing of NVest shares on the Johannesburg Stock Exchange (JSE).

Today, assets under administration and management total more than R23 billion. These derive mainly from private client and retail customers, although there has been recent growth in corporate and institutional markets.

Other business divisions include NFB Insurance Brokers, NFB Asset Management, NVest Properties, NVest Property Services and Independent Executor & Trust. The company’s most recent growth step took place when it decided to buy 100% of NFB Finance Brokers Gauteng in September 2015.

NVest has a JSE market cap of R832 million, with the live online stocks chart showing that NVest share price so far been unstable.

NVest shares achieved a positive response from JSE investors and contributed significantly to raising R324.8 million in capital for the 2016 financial year. The group has said that, despite volatile equity markets and currency weakness, there are plenty of opportunities to buy other companies, and has forecast multiple acquisitions in future.

NVest’s first annual report as a listed company covered the 12 months ended 29 Feburary 2016.Illustrating the resilience of NVest’s operating model and strategy, the group recorded a solid performance in a difficult trade environment for financial services companies, with after-tax earnings increasing by 72% to R57.9 million.

Significant revenue growth was achieved through strong contributions from existing business subsidiaries, together with the purchase of a 100% shareholding in NFB Finance Brokers Gauteng and an additional 51% stake in NVest Properties. Net asset value per share rocketed to 119.3 cents from 31.28 cents in 2015. All businesses managed to increase their assets under management or market shares.

The company is intending to use its healthy cash reserves to buy into more acquisitions, whilst continuing the core strategies of providing exceptional client service, tailored solutions, comprehensive research capabilities and sound investment fundamentals.

As to be expected of a newly-listed company, NVest share price has been unstable on the JSE, but the group looks to have all the cogs in place to become a solid performer in an embattled financial services sector. The company has already managed to distribute dividends and is sitting on healthy cash reserves which will allow it to invest capital in suitable complementary businesses. In summary, NVest looks to be a promising stock that could well reap rewards for investors who buy NVest shares.

Financials

Asset Management

Wealth Management

We have made it simple to buy JSE listed firm shares online. The easiest way to buy NVest Group shares or stocks is to; start by submitting the ‘BUY THIS SHARE’ form. Next, one of our experienced and certified stock brokers will personally get in contact with you to discuss your custom stock request. Finally, a stock advisor will confirm the amount of shares you are looking to invest in NVest Group and assist you with the setup and management of your stock portfolio account.

1. Start by Filling in the BUY THIS SHARE form.
2. Insert your name, email, telephone number and monthly remuneration.
3. Then, Indicate the amount you are looking to invest in NVest Group.
4. Click the “ INVEST NOW” button
5. Once we have received your info, a dedicated stock advisor will personally call you back to discuss your personal share request.
6. Lastly, your newly appointed personal stock advisor will handle all account setups and reporting as stipulated by the financial services board of South Africa (FSB)

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