I am a certified Financial Planner and am an accredited financial adviser with the FSCA. I am completely independent and am accredited to do business with most companies.
My compliance and professional indemnity insurances are provided by Succession Financial Planning (FSP number 41158).
I am also a registered tax practitioner with a registration number of PR1058555.
Fact finding meeting
I do not charge for the fact-finding meeting where we chat about your needs and explore whether I can add value.
Financial Planning Fees
I am not in favour of high upfront commissions; my approach is to look after your assets over the long term and help you grow your wealth.
I will review your investments regularly and suggest changes when needed. For this I charge an annual fee of 0.5%
If you do not believe that I can add more than 0.5% in value to you each year, then you should not be using me.
My fees for single premium investments are competitively priced and are generally less than what is charged by others in the industry:
| Industry Fee | What I charge | |
| Initial investment fee for investments | 5% | 1% |
| Ongoing investment fees for portfolios less than R10m | 1% | 0.5% |
| Life Annuities | 1.5% | 1.5% |
For portfolio takeovers and investments that are larger than R10m, I will reduce the fee, depending on the complexity of the investment.
These figures exclude VAT
No fee is directly paid by you, I would receive a fee from the companies whose products I use for your solution. I receive the same fee from all the companies so there is no incentive for me to use a particular product supplier.
Advice meetings
If you need specific advice on financial matters. I can offer a service where I charge an hourly rate.
This is ideal if you would like me to look at a particular aspect of your financial planning or get a second opinion.
These would include:
- Evaluating your current financial arrangements to see if there are any inefficiencies
- Retirement planning
- Evaluating your offshore holdings
- Estate planning
- Getting a second opinion on your financial arrangements with your existing advisor
I charge my time out at R1 600 an hour excluding VAT.
Typical time taken for larger financial exercises are as follows:
| Second opinion on your finances with report | 4 to 10 hours |
| Retirement plan | 4 to 10 hours |
| Estate Plan | 4 to 10 hours |
Should you decide to use me to implement a solution then this fee would be deducted from any initial fee I receive from a product supplier.
