Building sustainable wealth

Craig Kiggen, Managing Director of Consolidated Wealth Group, is a leading figure in the financial planning industry, known for his comprehensive approach to client service and mentorship. As a past winner of the Financial Planner of the Year award, Craig has evolved from an exceptional financial planner to a business leader who now focuses on mentoring junior advisors and shaping the future of Consolidated Wealth.

Consolidated Wealth offers clients a complete financial planning solution, ensuring their long-term security and peace of mind. Craig’s leadership philosophy revolves around providing a “cradle-to-grave” service, helping clients navigate every stage of their financial journey. The firm’s success is built on maintaining strong relationships and prioritizing sustainable growth, with Craig placing significant emphasis on transparency and ensuring fair client outcomes.

Since his recognition as Financial Planner of the Year, Craig has taken on a more commercial role, becoming heavily involved in the global leadership organisation YPO, which has over 36,000 members worldwide. His work there, alongside his leadership at Consolidated Wealth, reflects his commitment to developing the next generation of financial planners. Craig spends a great deal of time mentoring junior planners, ensuring that they receive the guidance necessary to thrive in an increasingly regulated and technologically driven industry.

Craig’s advice to emerging planners is centered around collaboration and careful cash flow management. He notes that while financial planning can be a challenging business due to regulatory and operational costs, joining larger organizations or forming strategic partnerships can help smaller firms thrive. He also emphasizes the importance of finding alignment with business partners who share common values, ensuring a sustainable and rewarding professional journey.

Craig’s approach, which combines client care with commercial acumen, continues to shape the future of financial planning in South Africa, balancing growth with a commitment to mentorship and long-term sustainability.

Key Points:

• Craig Kiggen is the Managing Director of Consolidated Wealth Group, offering a comprehensive financial planning solution to clients.

• He won the Financial Planner of the Year award and has since taken on a more commercial leadership role within the company.

• Consolidated Wealth emphasises mentorship, with Craig focused on developing the next generation of financial planners.

• Craig highlights the importance of sustainable profits, encouraging businesses to aim for a reasonable profit margin while prioritizing fair client outcomes.

• He advises smaller financial planning firms to carefully manage cash flow and consider joining larger organizations to navigate regulatory challenges.

• Craig is also involved in global leadership through YPO, where he serves as one of 18 board members, helping to shape the future of business leadership.

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