Financial Services Providers
The Financial Services Board ( FSB ) is a unique Independent Insitution established by statute to oversee the South African Non-Banking Financial Services Industry in the Public interest.Investors' Complaints Stream in on Failed Property Syndications
Since 2008 various property syndications have run aground. They include Sharemax, Realcor, Propspec, PickVest, Blue Pointer (Propdotcom) and Blue Zone (which marketed investments in Spitskop). Most of the hundreds of complaints recently received relate to investments in Sharemax and Blue Zone (Spitskop). CLICK the above LINK in Red to read the Full Article.
ARE YOU SURE YOUR FINANCIAL PLANNER HAS YOUR BEST INTERESTS AT HEART ?
QUESTIONS TO ASK YOUR FINANCIAL PLANNER :
1. Are you Registered with any Professional Body ?
The most important Bodies are : FIA > www.fia.org.za ; FPI > www.fpi.org.za and
SAIT > www.the-sait.org.za ( for TAX Experts ).
2. Are you Registered with the FSB ( Financial Services Board ) ? www.fsb.co.za Is a MUST !
3. What are your Qualifications and your Experience ?
4. How do your earn your Commission/ Money ?
NEVER SIGN ANY FORM WHERE THE COMMISSION OR COSTS HAVE NOT BEEN INSERTED !
READ AND UNDERSTAND ANY DOCUMENTATION PRESENTED TO YOU - BEFORE YOU SIGN !
UNFORTUNATELY NOT ALL FINANCIAL PLANNERS / ADVISORS CAN BE TRUSTED !
Broker Offers Widow Costly SHAREMAX Advice
" It was allegedly the executor of Cowan’s late husband’s estate who informed Ras that she wished to make an investment to supplement her income. On May 24 2009, Ras told Cowan she could earn 11.5 % interest per year by investing in the The Villa. It collapsed in Sep 2010 ". CLICK the above LINK in Red to read the Full Moneyweb Article.
Also CLICK the following LINK to read a further Article : Advisor Told to Repay Pensioner
Download a file : Also see, for example, latest FSB - Kellerman Complaint
FPI - Financial Planning Institute
Go to www.fpi.co.za and click “Find a CERTIFIED FINANCIAL PLANNER® Professional "
OLD Mutual Debars ' Top Financial Advisor '
CLICK the above LINK to read the Full Article.
Financial Services Providers, like the one mentioned below are available to provide Professional Investment Advice to the members of the public - contact them directly for more details.
Galileo Capital ( www.galileocapital.co.za ) is a Registered Financial Services Provider ( FSP ), approved and regulated by the Financial Services Board ( FSB ) of South Africa. Our team consists of highly motivated and qualified professionals with more than 90 years of combined experience in the financial services industry. By pooling our skills, knowledge and experience, we are able to provide superior products and services to our clients.
The business is structured around the following divisions :
- Wealth Management
- Portfolio Management
- Wealth Accumulation
- Short Term Insurance
- Tax and Trust Advisory Services
- Investment success entails a marathon not a sprint. As such, we continuously seek to accumulate gains over long periods of time, rather than trying "swing for the fences".
- We intend to buy robust businesses at reasonable prices and to hold them for the long term.
- We will tailor-make portfolios to client-specific requirements, taking into account prevailing market conditions.
- We will charge fair fees for the value provided. We do not charge performance fees, on paper they sound good, in practice this encourages risk-taking.
- We are not dogmatic about investment style, though we have a bias towards the value style.
- It is one thing to have conviction, quite another to engage in heroism. We don’t aim to be heroes with your capital.
- Avoid high turnover, but do make use of tax harvesting (i.e. make use of annual CGT-free allowance).
- Fashionable investment themes are avoided.
PSG Konsult www.psg.co.za
PSG is a leading Independent Financial Services Group, with an extensive national footprint and Namibian presence. In operation since 1998, we offer a value-orientated approach to our clients' financial needs, from asset and wealth management to insurance.
Brenthurst Wealth www.bwm.co.za
INVESTMENT PLANNING has been described as the second most important profession in the world after the medical profession. While the medical doctors are keeping us alive and healthy for much longer than was ever thought possible, the investment planning profession will have to ensure that their clients have enough money to enjoy this longevity-windfall !VUNANI - Private Clients
www.vunaniprivateclients.co.za + www.tradeknowledge.co.za + www.vunanilimited.co.za
Vunani Limited is a JSE listed, majority black owned and managed financial services company with a proud 15 year track record. We have offices in Cape Town, and Johannesburg in South Africa, and in Harare Zimbabwe. We provide a comprehensive range of financial products and services, such as institutional fund management, private wealth management, corporate advisory and stock broking services to institutions and private clients. Our stock broking division is rated as one of South Africa's top 20 brokerages and offers specialist advice on equities, bonds and cash. The group also has interests in property development and asset management. In 2011 Vunani listed its jointly held property portfolio on the JSE Main Board under Vunani Property Investment fund. We remain the asset manager and a shareholder in the Fund.
ANCHOR CAPITAL www.anchorcapital.co.za
South Africa's fastest growing Asset Management Company.
