They were recognised as one of the best performers for their responsiveness and transparency.

Absa Stockbrokers and Portfolio Management have improved their ranking at SA’s Top Stockbrokers awards held on Wednesday 28 September at the Johannesburg Stock Exchange (JSE), where they were placed sixth overall.

Absa Stockbrokers and Portfolio Management also received recognition as one of the best performers for their responsiveness and transparency.

“Over the years, our team has worked hard to improve our product offering and service levels, with the rankings significantly rising as a result. During 2010-2015, Absa Stockbrokers and Portfolio Management was ranked 18 out of 24, and last year, the ranking improved to number 11 – with this year’s rank catapulting to a top 10 place,” says head of Absa Stockbrokers and Portfolio Management, Robert van Eyden.

It was also acknowledged that the business has evolved from an execution-only broker into a full-service retail offering with advisory, and portfolio and wealth management services

“We believe in adopting a client-centric approach when advising our clients on investment options, as this ensures better and smarter investments and trades. Our clients have the option of investing in products like our Tax Free Savings Account with no minimum amount and no monthly charges. They can also invest offshore with our World Trader offering with opportunities to trade and invest in 30 000 shares and ETFs,” adds Van Eyden.

“This is further confirmation that we are more than a bank and this improved ranking builds on our brokerage pedigree, as well as our expertise,” concludes Van Eyden.