Purpose

At Carrick Wealth, we are committed to conducting business in an ethical, transparent, and professional manner. Protecting our clients’ interests is our highest priority. This Conflict of Interest (COI) Policy explains how we identify, manage, and disclose potential conflicts to ensure that all clients are treated fairly.

What is a Conflict of Interest?

A conflict of interest may arise when Carrick Wealth or its representatives:

• Do not act objectively in rendering financial services;
• Have a financial or ownership interest that may influence advice; or
• Have a relationship with a third party that could compromise fairness.

Examples include:

• Receiving gifts, benefits, or hospitality above permitted limits;
• Holding ownership interests in product providers;
• Being incentivized to recommend one product over another.

How We Manage Conflicts of Interest

To safeguard our clients, we have adopted the following measures:

• Conflict Register-All actual and potential conflicts are recorded and monitored.
• Disclosure-Any material conflicts will be disclosed to clients in writing, including the nature, value (if applicable), and impact.
• Remuneration Policy-Our representatives are not incentivized to:
  • Favour quantity of business over quality of advice,
  • Prefer one product provider over another, or
  • Prefer one product of a provider when multiple options are available.
• No Sign-On Bonuses-We do not offer or accept sign-on bonuses.
• Training & Awareness-All staff receive training on the FAIS General Code of Conduct and COI requirements.

What We May Receive

We may only receive or provide financial interest permitted under legislation, such as:

• Fees for services agreed to in writing with clients;
• Immaterial financial interests (within statutory limits);
• Fair-value payments for legitimate services rendered.

External Relationships

• We only contract with reputable product providers and disclose any material business relationships to clients.
• Where benefits or preferred status with product suppliers exist, these will not compromise the objectivity of our advice.

Commitment to Clients

• We will always put our clients’ interests first.
• We will disclose any conflict where relevant, allowing clients to make informed decisions.
• We will decline to act if a conflict cannot be managed in a way that safeguards the client.

Use of Third-Party Service Providers

Carrick Wealth (Pty) Ltd (“CW”), an authorized Category I Financial Services Provider, makes use of approved third-party service providers to support the delivery of discretionary investment management services. These may include, where applicable, portfolio administration, execution, technology, data, and related support services.

All third-party arrangements are subject to appropriate due diligence, formal contractual agreements, and ongoing oversight. Notwithstanding any outsourcing or third-party involvement, CW retains full responsibility and accountability for the discretionary financial services rendered to clients.

Product Providers:

• Allan Gray
• Ashburton
• Boutique Collective Investments
• Capital International Group
• Capital Platforms
• Cavendish Trust
• Concept
• Discovery
• FPI
• Hansard
• IFGL
• IPensions
• IVCM
• IVCM
• Libery
• MATCO
• Momentum
• Ninety One
• Old Mutual
• Old Mutual International
• OUtVest
• Overseas Trust and Pension
• Providence
• Quilter
• RL360
• Sanlam
• Sovereign Trust (Guernsey)
• Stanlib
• Utmost
• Wealth Port

Contact Us

This summary is provided for client transparency; the full Conflict of Interest Management Policy of Carrick Wealth is available on request. If you would like more information about our Conflict-of-Interest Policy, please contact [email protected]