Carmel Wealth PTY Ltd, a leading South African wealth management firm, is proud to announce a strategic investment from Correlation Holdings Limited and an increased equity stake from ThirdStream Partners LLC. These investments underscore Carmel Wealth’s commitment to driving future growth and delivering superior outcomes for independent financial advisors .
ThirdStream Partners LLC, a US-based private investment entity, has also increased its equity stake in Carmel Wealth. ThirdStream is known for investing in venture and strategic opportunities in leading financial technologies and financial services.Since its inception in January 2023, Carmel Wealth has experienced solid growth. The firm focuses on providing IFAs with strategic growth opportunities and flexible retirement and succession solutions.
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