Cape Town based wealth management firm, WellsFaber, today announced the appointment of Carol Axten as CEO. Axten joins WellsFaber from boutique portfolio management firm Definitive Capital, where she has spent the past four and a half years, and was previously employed by Citadel and Standard Private Bank.
Axten’s appointment will strengthen WellsFaber’s wealth management capabilities, and will assist the business in becoming one of South Africa’s leading independent, full service advice and wealth management businesses.
“I am extremely excited to be part of such a reputable wealth management business that has built its expertise over the past 27 years” she says. “Exceptional client service is a term often referred to in this industry, but it is a key competence that has afforded me success and has ensured a loyal client base. It is these levels of exceptional service that I intend to foster and grow within WellsFaber.”
“We are delighted to have someone of Carol’s caliber join our team. Not only does she have an exceptional reputation as a knowledgeable wealth manager, but her energy, integrity and experience complements our business and team very well. We look forward to growing and working under Carol’s leadership,” said WellsFaber Chairman, Niel Krige.