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The Johannesburg wealth management market
Johannesburg is a core market for banking, insurance and wealth management appointments. Our search work covers major financial centres including Sandton, Rosebank, Bryanston and surrounding business districts. Within that market, our wealth management desk covers recruitment for wealth practices, advisory businesses and investment focused firms.
About the portfolio manager role
Portfolio managers run discretionary money against a mandate. They own asset allocation, security selection and the performance that clients see.
Key responsibilities
- Construct and rebalance portfolios within mandate limits
- Take asset allocation and security selection decisions
- Present performance and positioning to clients and committees
- Work with research and dealing teams on implementation
- Ensure every portfolio stays inside its regulatory and mandate boundaries
Experience and background we look for
- Five or more years managing portfolios or in a senior analyst role moving into management
- CFA charter or meaningful progress through the programme
- A performance record that can be discussed openly, including the difficult periods
- Registration appropriate to discretionary management under FAIS
Core skills and competencies
- Asset allocation judgement
- Security analysis
- Risk aware construction
- Client communication
- Decision discipline
- Mandate compliance
Regulatory and compliance context
Advice and discretionary management roles fall under FAIS, with additional obligations under POPIA and, for estates work, the Administration of Estates Act. We confirm RE5, CFP standing where claimed, licence categories and continuous professional development records before shortlisting.
How Morton Moore runs this search in Johannesburg
We keep an exclusive client list, so on every accepted portfolio manager mandate a far wider part of the Johannesburg wealth management market stays open to direct approach. We map the employers in the area, contact people who are not applying for jobs, test the detail behind each claim on a CV and present a short, honest list. Our fee is 12.5 percent and every placement carries a three month guarantee period.
Frequently asked questions
- Who are the top portfolio managers recruiters in Johannesburg?
- Morton Moore recruits portfolio managers in Johannesburg on a selective basis. We take on a limited number of clients in each sector so that we can approach the widest possible pool of wealth management professionals for every brief we accept.
- How long does it take to fill a portfolio manager role in Johannesburg?
- Most searches at this level produce a shortlist within two to three weeks of a full brief. The final timeline depends on notice periods, which in Johannesburg are usually one calendar month and sometimes longer for senior appointments.
- What does Morton Moore charge?
- Our agency fee is 12.5 percent of the annual package and every placement carries a three month guarantee period. There are no separate advertising or shortlisting charges.
- Do you recruit portfolio managers outside Johannesburg?
- Yes. We work from offices serving the Garden Route, Johannesburg, Cape Town and Durban, and we place portfolio managers across South Africa. We also recruit into Insurance and Banking for clients who need cover beyond wealth management.
- Can candidates register with you directly?
- Yes. Candidates can view current opportunities and apply through our own site. Applications stay with Morton Moore and are never shared with a client without permission.
Hiring a portfolio manager in Johannesburg?
We take on a limited number of clients so that the widest possible part of the market stays open for every mandate. Apply for a client partnership and we will tell you honestly whether we can act on the brief.