Financial Advisor | Cape Town

[genetic]

Does anyone have a financial advisor they can recommend in the Cape Town area?

Thanks!

 

[genetic]

No one with any recommendations?

Failing an independent advisor, is it advisable to go through a company like Allan Gray or Old Mutual?

 

[airborne]

What kind of advise do you need?

 

[ProfA]

What kind of advise do you need?

financial?

 

[genetic]

What kind of advise do you need?

Retirement and investment advice mainly.

Starting a new job on Monday - old company had benefits like medical aid, retirement etc.
New company offers no benefits, so would like to consolidate existing policies and maintain retirement savings.

Don't really know the best way to go about it.

 

[Alton Turner Blackwood]

Move everything to Sygnia

 

[backstreetboy]

Move everything to Sygnia

This. Cheap as chips fees and great returns with a great Alchemy web portal where you can compare the 5 year performance of over 500 + funds and a Sygnals update every month that gives a run down of the financial news of the world. Not to mention the https://ra.sygnia.co.za/roboadvisor/sygnia-roboadvisor.

 

[genetic]

Thanks guys.

 

[airborne]

Retirement and investment advice mainly.

Starting a new job on Monday - old company had benefits like medical aid, retirement etc.
New company offers no benefits, so would like to consolidate existing policies and maintain retirement savings.

Don't really know the best way to go about it.

I would be very careful with financial advisers regarding that stuff, most of them are just glorified salesman.

I'd do a lot of research about the option's, most of financial stuff can be done to a very high standard DIY these days, the internet has a wealth of info, likewise starting a thread on the forum.

I'd hang in there till someone you trust can recommend one, I got burnt by a financial advisor and now do it all DIY.

 

[Pegasus]

I'd suggest finding one who charges a flat fee instead of commission.

3 Reasons to Hire a Fee-Only Financial Planner - NerdWallet

Hiring a fee-only financial planner offers important benefits: fewer conflicts of interest, a focus on advice, and flexible payment models.

www.nerdwallet.com

A couple of examples.

R1910 an hour. https://galileocapital.co.za/our-fees/

Our fees - Ultima Financial Planners

ultimafp.co.za

 

[gboy]

Glorified salesman who just push for commissions, sometimes I would rather trust rehabilitated hobos