Building a Sustainable Financial Practice

Peter Hewett, a seasoned financial planner and past winner of the Financial Planner of the Year award, shares valuable insights on the financial planning industry. With over three decades of experience, Peter has witnessed significant regulatory changes, including the introduction of FAIS legislation, which has helped professionalise the industry by focusing on treating customers fairly and ensuring transparency.
As the founder of Hewett Wealth, Peter has grown his practice across Johannesburg, Pretoria, and Cape Town, building a client base founded on trust and transparency. He advocates for the shift from commission-based to fee-based financial planning, ensuring that clients understand what they are paying for and the value they receive. His firm performs extensive due diligence on products, ensuring that clients receive the right fit for their needs without the unnecessary complexity that often clouds the industry.
Peter also emphasizes the importance of building a sustainable, scalable practice. He advises financial planners to separate personal and business finances, invest in proper infrastructure, and ensure compliance without letting regulation overwhelm the client relationship. Ultimately, Hewett Wealth’s success stems from Peter’s focus on building strong, lasting relationships with clients and a commitment to integrity in every aspect of his business.