We’re celebrating our 20th anniversary this month. With this milestone, Dynasty Asset Management marks two decades of providing independent and leading wealth management solutions to our clients, always prioritising their interests and long-term objectives. Today, we manage and advise on assets under discretionary mandates of R6.2 billion, having grown at an annual rate of 17% since inception.
Barry founded Dynasty in March 2005 through the buy-back of a longstanding client base dating back to 1987. In 2013, Worldwide Capital (Pty) Ltd acquired a strategic stake in the business. As part of this transaction, Ryan Page, a director of Worldwide at the time, was appointed to the Dynasty Board.
Over time, Ryan became increasingly involved in the business, with a particular focus on the investment research and family office advisory disciplines. This culminated in his purchase of Worldwide’s shares in 2019. Ryan has since added significant gravitas to the business and continues to work alongside Barry, playing a key role in Dynasty’s ongoing success.
From the outset, our objective was to foster deep and long-term relationships with our clients. It was never a consideration to become a large player in the South African asset management or wealth advisory industry. In preference, we have strived to be a highly respected, boutique firm with a reputation for delivering sophisticated, bespoke advice and exemplary service to our clients.
Many of our clients have been with Barry for well in excess of 20 years, a testament to the trust and confidence we have built with individuals and families. Our growth has been driven primarily by client retention and referrals, proving that our defendable advice, professional expertise, and family insights continue to make a meaningful difference to our clients’ lives.
That doesn’t mean our business isn’t evolving. We have a challenging corporate culture, embodied in the investment in people, partnerships, knowledge and technology to ensure we continue to remain abreast of industry developments.
As an example of how we are building capacity in our business, our team has grown to include dedicated relationship managers, focused support staff and we recently welcomed two young investment analysts to our team, both of whom hold honours degrees in investment management and help us to remain at the forefront of research-driven decision-making. This year, we are doubling our office space to support this larger team.
Where we don’t possess the requisite in-house skills, we have co-opted trusted partners to help us navigate the intricacies of global investment research, specialist tax advice, fiduciary and tax compliance services:
Our Investment Committee benefits from a longstanding, insourced relationship with a leading research house, namely Analytics Consulting. We also work closely on a retainer basis with Robyn Rogers, a seasoned tax attorney with extensive experience in international tax planning and SARB related matters; attorney Dolores Pestana assists us with estate administration services; and Stein Registered Auditors manages the tax compliance affairs for several of our clients. More recently, we have partnered with Parker and Accountants, an established, Knysna-based, accounting practice, to extend our suite of services to their client base along the Garden Route.
Even as we grow our business, we remain focused on providing personal, relationship-driven service and technical, research-based advice for clients with multifaceted wealth planning needs. This includes our research-based approach to assist clients with matters such as intergenerational wealth planning, offshore investment management, and international tax strategies.
As we celebrate our 20th anniversary, we realise that the biggest impact on our success is our clients and the fact that we have a client retention rate of close to 100%, showing that they trust us with their legacies and wealth. Through this approach, we aim to remain a lifetime partner in securing their financial futures and their family legacies.
We extend our deepest gratitude to you for being part of our journey and for entrusting us to manage, protect and grow your wealth!
