Everest Wealth

What Everest Wealth does

Everest Wealth Management (Pty) Ltd is a South African private investment and wealth management firm incorporated in 2002 (registration 2002/004025/07), operating from Centurion and Cape Town with announced expansion into Dubai and Mauritius. The company specialises in alternative investments built on a single underlying engine spanning private equity, private debt and diversified operating businesses, and distributes them through the Onyx Portfolio Range (Onyx Income, Onyx Income+, Onyx Growth), each requiring a R100,000 minimum and targeting gross annual returns of 12.80% to 14.50% via preference-share structures, plus the Amethyst Living Annuity (12.12% target, with built-in inflation protector). Revenue is generated through investment management fees, carried interest on fund profits, and returns from preference-share investments held across the Onyx portfolios, with no upfront initiation fees. Distribution is exclusively through licensed independent financial advisers and brokers, with a documented network of over 90 accredited brokers across seven South African provinces and a dedicated in-house distribution team.

The broader group operates through wholly-owned subsidiaries including Everest Advisory Services (FSP 49495), Everest Protect (short-term insurance), Everest Fiduciary (estate planning, wills, trusts), Everest Investment Hub (wrap funds, FSP 52896), and Everest Global Advice (Dubai), all held under Laudian Investment Holdings. The firm holds FSCA-authorised FSP 795 across Categories I, II and IIA, NCRCP 21504 credit-provider registration, and SAVCA membership, and has established a R20 billion Domestic Medium-Term Note Programme on the Cape Town Stock Exchange to scale its private credit activity. Customer segments span individual retirement investors, South African and expatriate HNW individuals, and—following the 2025 international buildout—private wealth and institutional capital clients seeking offshore and Africa-access structures.

Name

Everest Wealth

Legal name

Everest Wealth Management (Pty) Ltd

Website

https://everestwealth.co.za

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

51–100 employees

Short description

Everest Wealth Management is a South African FSCA-authorised private investment and wealth management firm (founded 2002) that distributes alternative investment products including the Onyx Portfolio Range and Amethyst Living Annuity through a national network of 90-plus independent financial advisers, serving retirement, HNW, private-wealth and institutional clients across South Africa, Dubai and Mauritius.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (52394), Trust, Fiduciary, and Custody Activities (523991)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Platforms & Wrap Programs for Private Clients (Model Portfolios, UMA/SMAs) (FSAAABAM)

akta.pro secondary industries

Hybrid Advice (Advisor + Digital) Platforms (FSAAAAAE), Private Client/High-Net-Worth Advisory (FSAEAAAN), Private Wealth Planning (Tax, Estate & Succession) (FSAAABAE), Affluent / Mass-Affluent Private Banking (FSABADAC)

Keywords

• Alternative investment management
• Private wealth advisory
• Retirement income solutions
• Living annuity products
• Fiduciary wealth services

Headquarters

HQ city

Pretoria

HQ country

South Africa

HQ region

Africa

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Investment Management Fees: Everest Wealth generates revenue through management fees charged on investment portfolios. Fees are based on portfolio performance and are not deducted from client investment allocations, aligning manager interests with investors.
2. Performance Fees (Carried Interest): The company earns carried interest - a share of fund profits earned only after Limited Partners receive their initial capital and pre-agreed preferred return.
3. Preference Share Investments: Returns generated through investments in unlisted preference shares and debt instruments issued by Portfolio Holdings Company across the Onyx Portfolio Range (Income, Income+, and Growth portfolios).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels9 records

Core offering

Everest Wealth is a South African private investment and wealth management firm that offers alternative investment products built on actively managed private equity, private debt, and diversified operating businesses. Its core commercial line is the Onyx Portfolio Range — three preference share portfolios targeting income (Onyx Income, 12.80%), higher monthly income over a fixed 5-year term (Onyx Income+, 14.20%), and capital growth at maturity (Onyx Growth, 14.50%) — paired with the Amethyst Living Annuity retirement income solution. The firm distributes these through a network of 90+ licensed financial advisers and an in-house advisory subsidiary.

Product overview

Everest Wealth offers a suite of alternative investment products structured around the Onyx Portfolio Range and Amethyst Living Annuity. The Onyx Portfolio Range is built on a single alternative investment engine supporting three distinct outcomes: Onyx Income (stable income and capital preservation), Onyx Income+ (higher consistent monthly returns with 5-year fixed term), and Onyx Growth (capital growth with 5-year lock-up). The Amethyst Living Annuity is a purpose-built retirement income solution that integrates with the Onyx portfolios. The group also provides related services through affiliated entities including Everest Advisory (financial advisory), Everest Protect (insurance), Everest Fiduciary (estate planning and trust management), and Everest Investment Hub.

Differentiator

Problem solved

Functional benefit

Brands

• Amethyst Living Annuity: Purpose-built retirement income solution designed for investors seeking predictable, sustainable income with long-term capital preservation. Includes Amethyst Inflation Protector and Amethyst Income+ options.
• Onyx Portfolio Range
• Everest Advisory Services
• Everest Protect
• Everest Fiduciary
• Everest Investment Hub

Products and services

• Amethyst Living Annuity A purpose-built retirement income solution for investors seeking predictable, sustainable income and long-term capital preservation. Integrates with the Onyx portfolio range so income is aligned with portfolio capability rather than market timing. Minimum investment R100,000; income can be drawn between 2.5% and 17.5% per annum; targets 12.12% annual return with a built-in Inflation Protector Dividend; Class A preference share structure.
• Onyx Income Portfolio Designed to provide stable income and capital preservation through investments in unlisted instruments such as preferential shares and debt instruments issued by the Portfolio Holdings Company. Offers a targeted gross annual return of 12.80% with monthly dividends and a 10% Special Dividend at Maturity. Minimum investment R100,000; Class A preference share structure.
• Onyx Income+ Portfolio Ideal for investors looking to receive consistent monthly returns with a fixed 5-year term. Class J preference share offering a targeted gross annual return of 14.20%. Minimum investment R100,000 with dividends paid monthly.
• Onyx Growth Portfolio A solution for clients seeking high and consistent capital growth with no access to returns or capital over a 5-year term. Offers a targeted gross annual return of 14.50%. Class B preference share; minimum investment R100,000; dividends paid on maturity.
• Everest Advisory Services Financial advisory services provided through a wholly-owned subsidiary (Everest Advisory Services (Pty) Ltd, FSP 49495, CAT I), offering personalised wealth management guidance and investment advice to clients.
• Everest Protect Short-term insurance services provided through a wholly-owned subsidiary for protecting client assets and businesses.
• Everest Fiduciary Fiduciary services including estate and tax planning, wills and trusts, independent trust administration, trustee appointment, and administration of deceased estates. Backed by 40 years of collective experience in financial and estate planning, wills, deceased estate administration, and trust management.
• Everest Investment Hub Investment platform provided through a wholly-owned subsidiary for accessing wrap funds and diversified investment solutions. Operates under FSP 52896.

Quantifiable outcome

• 12.12% targeted annual return on Amethyst Inflation Protector
• +6 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core.

• Internationally Recognised Fund Managers (UAE)coreStrategic or Co-development Partner · 1 January 2025Partnership with internationally recognised fund managers based in the UAE to strengthen international distribution capabilities, transparency, governance, and compliance standards for Dubai operations.
• Internationally Recognised Fund Managers (UK)coreStrategic or Co-development Partner · 1 January 2025Collaboration with UK-based fund managers to enhance international distribution and investment expertise as part of Dubai expansion strategy.
• Independent UAE Fund AdministratorscoreTechnology or Integration · 1 January 2025Partnership with independent UAE fund administrators to ensure transparency, governance, and compliance standards for international operations.
• Cape Town Stock Exchange (CTSE)coreStrategic or Co-development PartnerCTSE is a fully licensed and regulated exchange for debt and equity listings. Everest Wealth launched its R20 billion Domestic Medium-Term Note Programme on CTSE.
• Laudian Investment HoldingscoreOthersParent holding company (2015/385366/07) governing subsidiaries. Not a financial services provider, governed by Companies Act 71 of 2008. Includes subsidiaries across investment management, advisory, and fiduciary services.

Scale indicators8 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Sygnia: JSE-listed South African investment management and wealth platform offering model portfolios, retirement income solutions and alternative exposures. Sygnia's low-cost hybrid advice and wealth platform competes for the same HNW and mass-affluent South African investors Everest targets via the Onyx range and Everest Investment Hub.
• Ashburton Investments: FirstRand-owned South African investment manager offering multi-asset, alternative and hedge fund portfolios to HNW and institutional clients. Ashburton competes directly with Everest for alternative-allocation mandates and is a comparator on structured product design.
• 10X Investments: South African investment platform offering model portfolios and exchange-traded fund-based solutions, with a strong retirement-income and living-annuity focus. 10X is a relevant peer for Everest's Amethyst Living Annuity and Onyx range from a platform / outcome-oriented perspective.
• PSG Wealth: PSG's wealth division provides HNW financial advice, portfolio management and alternative investment access through an adviser-distributed model in South Africa. It is a direct comparison point for Everest's adviser-led, alternative-investing HNW proposition.
• Anchor Capital: Independent South African investment management and wealth advisory firm serving HNW individuals, families and institutions with discretionary portfolio management. Anchor competes directly with Everest for HNW wealth mandates and alternative allocations in the South African market.
• Peregrine Holdings: South African wealth and fiduciary services group offering investment management, stockbroking, trust and estate administration. Peregrine is comparable to Everest across the integrated wealth-management, fiduciary and advisory stack, though at a more established institutional scale.
• Coronation Fund Managers: One of South Africa's largest independent investment managers, focused on long-term wealth and asset management for institutional and retail clients including HNW segments. Coronation competes directly with Everest for South African HNW and retirement-flow allocations and operates in the alternative and traditional managed-portfolio space.

Broad incumbents

• Stanlib: Large incumbent South African asset manager (part of the Standard Bank group) offering retail, institutional and alternative investment products. Stanlib is a broad incumbent in the same investment management category and a competitor for HNW and retail flow, even if not specifically an alternative-investment specialist.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/everest_wealth
• YouTubeyoutube.com/@everestwealth
• Facebookfacebook.com/EverestWealth
• LinkedInlinkedin.com/company/everestwealth
• Instagraminstagram.com/everest_wealth

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Everest Wealth