The Financial Planning Standards Board (FPSB) is the global leader in managing, developing and certifying financial planning organisations. The FPSB promotes worldwide professional standards in financial planning and is the custodian of the coveted Certified Financial Planning® distinction and mark. Recently the FPSB, in association with the Canadian Financial Planning Standards Council, commissioned a piece … Continue reading Why life is better with a Certified Financial Planning® professional
I recently attended Foord Asset Management's Mind of the Manager event which was kicked-off by MD Paul Cluer. Paul reminded us of the story of Pascal's Wager, and illustrated how Foord apply the philosophy of Pascal's tale to how they manage money. Source: Wikipedia Recap: Pascal's Wager Blaise Pascal was a 17th-century French … Continue reading Investing with Pascal’s Wager in mind
There are many people who are interested in taking charge of their finances who just don't know where to start. Normally, deciding that you want to do something about your finances AND FOLLOWING THROUGH on that decision by finding someone to help you is a good start. But it can be intimidating. I know that … Continue reading Sometimes just getting organised is the first step in taking charge of your finances
When it comes to your investment outcomes, what is the one most important thing you need to get right? What is the one thing that if you get it right will give you the best chance of meeting your investment goals over the chosen time periods? What is the thing that I as an adviser … Continue reading In investing: What THE most important thing is to get right?
In investing there is a lot of jargon and in order to understand the recommendations which I will make when I work with you, it is important that you understand what various terms mean. Alpha A risk adjusted measure of the “excess return” provided by an investment compared with a benchmark. Alpha can be positive, … Continue reading Investing for beginners: Assets, asset classes, asset allocation & asset managers
As a Certified Financial Planner® and member of the Financial Planning Institute of Southern Africa I subscribe to the international Financial Planning Standards Board's 6-step process to financial planning. The second step in this process is to "collect the client's information". We are expected to: identify the client’s personal and financial objectives, needs and priorities that … Continue reading Are you ready to get financially naked?
I would not be an Independent Certified Financial Planner® if I did not believe in what I do and how I have chosen to do it. I am driven to help people and know that my training, knowledge and experience can add immense value to my clients' lives. Allan Gray is an investment management and … Continue reading The role of financial advice in your investment success
Risk profiling is a process for finding the optimal level of investment risk for you, considering the risk required, risk capacity and risk tolerance, where: Risk required is the risk associated with the return required to achieve your goals from the financial resources you have available, Risk capacity is the level of financial risk the client can afford … Continue reading Your risk profile: What does it mean?
As a Certified Financial Planner® and member of the Financial Planning Institute of Southern Africa I subscribe to the international Financial Planning Standards Board's 6-step process to financial planning. Source: FPSB.org The steps I follow in the financial planning process are as follows: Establish and define the relationship with the client. I will inform the client about the … Continue reading How I work