These are my typical services:
- Initial Consultation and Assessment
- Once-off Investigations
- Report on your path to Financial Independence
- Analysis of Existing Investment Portfolio and Costs
- Development of a Personal Financial Plan
- Development of an Investment Strategy
- On-Going Appointment
- Trusteeship on Family Trusts
- Assistance with Deceased Estates
These are my commitments to you
♠ Whatever service you choose, I will not accept any commission or fee from any service provider.
♣ You will pay only for advice, reports and interventions I undertake on your behalf.
♥ Should any provider make any payment to me as a result of a product you take out, I will refund it to you in full.
Initial Assessment and Consultation
The purpose of this consultation is to do an initial assessment of your situation, and to address your immediate question(s).
The process will follow a couple of steps.
Step 1: You pose your question here.
Step 2: I will make telephone contact with you to discuss your question. Up to this point, there is no charge.
Step 3: After agreeing on terms of engagement, I will request further documentation and information pertaining to your question.
Step 4: I will prepare and send you a written overview of your situation, together with recommendations on addressing your particular question.
Step 5: Either through a face-to-face meeting or via video conference, I will give you a report back so you can ask questions or gain further clarity. Once you are happy with the advice, and you wish to implement the advice yourself, you can end it there, and go your own way.
Step 6: Devise an action plan to resolve your identified problem(s).
For an Initial Consultation fee of just R2500, you will get an honest assessment of your problem or question.
Intermediate Consultation
This purpose of this consultation will be to cover the issues identified from the initial appointment. The aim will be to unscramble your existing arrangements, and to set the foundations for an integrated Life Plan.
This term of the appointment will be for a period of not more than 6 months, depending on the complexity of your situation, and how much time it will take to properly analyse your affairs.
The standard reports which will be prepared during this phase are:
- A comprehensive Financial Plan
- A Savings Plan
- Development of an Investment Strategy and Plan
- An Estate Plan with Wills*
- Analysis of Life, Disability and Trauma insurance
- An Investment Cost Analysis
- Tax Review
The cost of this phase is R21 000, which can be spread out over the agreed term, and paid by debit order if desired.
In addition to the above reports, if any additional reports are required, the cost will be adjusted accordingly and agreed upon before embarking on any further work.
*There may be additional costs incurred for the legal drafting of wills.
At the end of this phase, if needed, I may assist you to select a Wealth Manager who will manage your investments into the future. This will particularly apply to clients who have already reached financial independence.
Retirement Consultation
This is a specialized process to assist people who have been retrenched, resigned or are about to retire. For those who have been retrenched of have resigned, the focus will be on how and where to preserve your retirement funds. For those who are retiring, the focus will be on your options when retiring from your Retirement Funds how to set up a post-retirement income.
The standard reports which will be prepared in this phase are:
- A comprehensive Financial Plan
- Report on Retirement Options
- Development of a post-retirement Investment Strategy and Plan
- An Estate Plan with Wills*
- An Investment Cost Analysis
- Tax Review
- Selection of a Wealth Manager
The cost of this engagement is R24 000, which can be spread out over the agreed term of the engagement, and paid by debit order if desired.
In addition to the above reports, if any additional reports are required, the cost will be adjusted accordingly and agreed upon before embarking on any further work.
*There may be additional costs incurred for the legal drafting of wills.
Ongoing Engagement
The objective of an ongoing engagement is to assist clients to reach financial independence.
Clients will typically be in the age group 50-65, and not yet financially independent. During this period, there is usually an opportunity to radically increase your savings especially after your children leave home and your bond is rapidly reducing.
The objective will be to manage you through to financial independence, by ongoing monitoring your investments and ensuring you meet your agreed savings goals.
This engagement will include:
- A Six-Month meeting, to update and review progress of your investments, and rebalance your investments, if required.
- An Annual Meeting to revisit any element of your Life Plan, update your financial plan, set the savings targets for the coming year, rebalance your investments and check that your taxes savings have been optimized.
Once you have achieved financial independence, I will assist you in the selection of a Wealth Manager.
The cost of this engagement will be R10 000 for each Six-Month meeting and R20 000 for each Annual Meeting.