Momentum – IFA Graduate Programme 2026

Momentum Distribution Services (MDS), in partnership with MSP Consultants, is inviting suitably qualified graduates to apply for its three-year Independent Financial Adviser Graduate Programme in Randburg, Gauteng.

The programme provides accredited training, mentorship and workplace experience, with participants progressing from administrative support to paraplanning and ultimately a junior financial adviser role under supervision.

Important: No previous financial-services industry experience is required. However, applicants must have a relevant BCom degree and reside in the placement region or surrounding areas.

At a glance

What the graduate programme offers

• A structured three-year career path.
• Progression from administrative support to financial advice.
• Accredited financial-services training.
• Mentorship and coaching from industry professionals.
• Exposure to business operations and community initiatives.
• Training in financial planning, compliance and client service.
• Preparation for relevant regulatory and professional requirements.
• Progressive stipend and salary support during the programme.

Three-year programme structure

Year 1: Administrative Assistant

The first year is the programme’s foundation phase, focusing on technical proficiency, compliance and client support.

• Support Independent Financial Advisers with client onboarding.
• Complete administrative and compliance documentation.
• Participate in technical, business and client-service training.
• Gain exposure to financial needs analysis.
• Develop an understanding of FAIS and POPIA requirements.
• Build client-communication and relationship-management skills.
• Learn about practice management, financial literacy, marketing and digital tools.
• Receive continuous mentorship and coaching.

Year 2: Paraplanner

During the second year, participants transition into a paraplanner role and develop more advanced financial-planning and technical skills.

• Support advisers with financial-planning activities.
• Begin preparation for the Regulatory Examination for Representatives, commonly known as RE5.
• Learn to develop holistic financial plans.
• Assist with financial products, quotations and client segmentation.
• Identify appropriate cross-selling and upselling opportunities.
• Assist with client reviews.
• Continue structured training through the New Adviser Academy.
• Strengthen analytical, reporting and client-relationship skills.

Year 3: Junior Financial Adviser

In the third year, participants transition into a Junior Financial Adviser role while working under supervision.

• Work towards the applicable Fit and Proper competency requirements.
• Complete Class of Business training.
• Complete product-specific accreditation.
• Complete the RE5 qualification requirements.
• Gain practical exposure to client-facing engagements.
• Develop ethical financial-advice and client-service skills.
• Participate in quarterly mock client-facing assessments.
• Prepare for longer-term career progression in financial advice.

The advert refers to possible future development towards the RE1 examination and Certified Financial Planner designation. These are longer-term progression possibilities and are not guaranteed programme outcomes.

Minimum qualification requirements

Applicants need a BCom degree in one of the following fields listed by the employer:

• Financial Planning.
• Estate Planning.
• Legal Business Management.
• Marketing.
• Communications.
• Finance.

Additional requirements

• Strong digital capabilities.
• Willingness to work with diverse clients and stakeholders.
• Interest in financial planning and professional financial advice.
• Willingness to participate in structured learning and assessments.
• Ability to work from the Randburg placement location.
• Residence within the placement region or surrounding areas.

The advert does not specify an age limit, graduation year, minimum academic average or previous work-experience requirement. Applicants should not assume additional requirements unless they appear on the official application form.

Main duties and development activities

• Support advisers with client onboarding and administration.
• Prepare and maintain compliance documentation.
• Help prepare reports, presentations and data analysis.
• Follow FAIS, POPIA and other regulatory requirements.
• Complete structured learning modules and assessments.
• Provide professional support to advisers and their clients.
• Build relationships with clients, mentors and stakeholders.
• Participate in community and corporate social investment initiatives.
• Recommend appropriate improvements to client service.
• Develop knowledge of financial products and industry trends.
• Participate in mentorship and continuous professional development activities.
• Identify opportunities to improve workflows and reduce resource wastage.
• Contribute to risk identification and compliance processes.

Skills and competencies

• Initiative and accountability.
• Planning and organisational ability.
• Time management.
• Systems thinking.
• Professional client service.
• Attention to detail and accuracy.
• Ability to follow procedures and regulatory requirements.
• Resilience when working under pressure.
• Ability to learn from coaching and feedback.
• Commercial and entrepreneurial thinking.
• Collaborative relationship-building.
• Ethical judgement.

Location and work arrangement

The programme is based in Randburg, Gauteng. The official listing states that remote work is available none of the time, so applicants should treat this as an on-site programme.

Candidates must reside in the placement region or surrounding areas. Accommodation, relocation and transport support are not mentioned in the official advert.

Stipend and salary progression

The official advert confirms that participants receive a stipend during the first year and progressive salaries during the second and third years. The specific monetary amounts have been omitted from this post.

Applicants should confirm the complete payment structure, deductions, benefits and employment terms if shortlisted or offered a place on the programme.

Application checklist

• An updated CV.
• Complete BCom degree details.
• A clear academic transcript, if requested.
• A certified qualification certificate, if requested.
• A certified South African identity document, if requested.
• Accurate contact and residential information.
• Examples of digital, analytical and communication skills.
• Examples of university projects, leadership or community involvement.
• A reliable cellphone number and professional email address.

The official vacancy does not provide a complete list of mandatory supporting documents. Applicants should follow the instructions displayed when completing their Momentum Group candidate profile.

Need help preparing your CV or graduate application? Visit our Learnership Resources and Guides.

About Momentum Group

Momentum Group is a South African financial-services group operating through retail and specialist brands that include Momentum, Metropolitan, Guardrisk and Eris Properties. Its services include insurance, investments, savings, financial advice and other integrated financial solutions.

Visit the official Momentum Group website.

Quick tips for graduates

• Show the full title and field of your BCom degree.
• Include your graduation date or expected completion date.
• Highlight finance, compliance, marketing or client-service modules.
• Mention Excel, digital platforms and data-analysis skills.
• Include relevant university projects and community involvement.
• Explain your interest in becoming a financial adviser.
• Confirm that you can work on site in Randburg.
• Complete your Momentum Group candidate profile before the deadline.

Scam warning

Momentum Group advises applicants to verify vacancies through its official careers platform. Do not pay anyone for an application, interview, assessment, training course or graduate-programme placement.

How this opportunity was verified

This programme was verified from the official Momentum Group recruitment listing for reference MMH260817-10.

The listing confirmed the programme title, three-year structure, Randburg location, BCom qualification requirement, lack of an industry-experience requirement, on-site arrangement, progressive roles, remuneration structure and closing date.

The advert does not state the programme’s starting date, working hours, number of available positions or a complete list of required supporting documents.

Read more about our process on the How We Verify Listings page.

How to apply

1. Open the official Momentum Group vacancy page below.
2. Confirm that the reference number is MMH260817-10.
3. Read the complete three-year programme description.
4. Select the official Apply option.
5. Register a candidate profile or sign in to an existing profile.
6. Complete all required personal, education and employment information.
7. Upload your CV and any supporting documents requested.
8. Check that your qualification and residential information are accurate.
9. Review and submit the application before the deadline.

Application closing date

The official closing date is 24 August 2026.

The exact closing time is not stated. Applicants should submit by 23 August 2026 where possible to avoid last-minute registration, profile or document-upload problems.