FDM met Mrs Rose in 2009. She had a sizable investment she needed management for. Because of her strong financial position at the time we recommended a Living Annuity. This will have ensured her with a monthly income as well as an attractive growth rate.
The initial amount she invested in her Living annuity in April 2009 was R12 303 128. Mrs Rose was able to receive a monthly income from her annuity that amounted to R80 000.
Like most of our other clients Mrs Rose experienced a substantial percentage growth on the investment she made with FDM. Her Living annuity currently (August 2016) shows an internal rate of return of 14.67% (net of fees) and has a current value of R 18 666 108.
Already having built a trusted relationship with Mrs Rose, she made several other investments with FDM, and these investments are also growing at a significant rate. The efficient management of Mrs Roses’ funds has given her financial independence and certainty that she will have an uncomplicated and easy retirement.
FDM was established in 1999 and we pride ourselves in the services we have been providing ever since. The experience we have gained over the years makes us confident that we provide our clients with trustworthy and accurate advice regarding their financial position. Our job is to provide you with a service that will help you develop and build financial security and independence. We aim to build long, trusted relationships with our clients.
Someone is sitting in the shade today because someone planted a tree a long time ago.
Warren Buffett
The Management Team
Kobie Fernhout
Kobie completed his CFP qualification through The Financial Planning Institute. He also completed an Advanced Certificate in Trust Law at the University of Pretoria. During a career spanning more than 30 years in the financial services industry, he gained a broad knowledge of Financial, Tax and Estate Planning practices, as well as the Asset and Investment Management disciplines.
Le Roux Fernhout
Le Roux started working at FDM in 2011. He completed his NQF Level 6 certificate in Financial Planning and Financial Markets through the Academy of Financial Markets.
Jeanine Meter
Jeanine graduated from the North West University Potchefstroom Campus in 2014 after completing her degree in Economics, Risk and Investment Management. In 2015 she enrolled at University of Johannesburg to do her Honours in Investment management and graduated at the end of 2015. Jeanine started her career at FDM in February 2016. She also complete a Postgraduate Diploma in Estate planning in 2019.
She is currently working toward her CFP qualification.
Why Choose FDM?
We like to pride ourselves in the specific way we conduct business.
One of our main objectives is that we would like to work with you in an open and informed partnership.
This is only possible if we are honest and upfront.
– We will call a spade a spade – if you are financially in a bad space, we’ll give it to you straight up.
– We will work with you to get out of that space and get you as close as possible to financial independence.
– We will not over-promise and under-deliver – yes, we want to help you earn good returns on your investments, but we have to be realistic about the market
– From day one we will tell you exactly what our service will cost you. We’ll be transparent about our fees with nothing hidden in the fine-print – in fact, we don’t even have fine-print! We also don’t earn any upfront fees or commission for bringing you on as a client.
– Our fund manager is dedicated to tracking down the best-performing, sustainable investment funds. We offer a tremendous variety of investment portfolios of the highest quality. This partnership leaves us free to tend to your needs and offer you the best possible advice for your unique circumstances.
Every day we do what we do best, and we have been doing for the past 21 years.
We love what we do, and we love the way we do it.
Your success is our success.
In May 1999 Mr Smith retired and as part of his retirement package he received a lump sum pension payment of R2.4 million. He contacted FDM for advice pertaining to the pension lump sum and his income requirements.
FDM evaluated Mr Smith’s personal circumstances and specific requirements and developed a tailor-made financial plan for him. At the time, Mr Smith was newly-retired and in good health, thus he required regular withdrawals from the investment for a significant time period. The proposed financial plan consisted of a Living Annuity that invested in a selection of Unit Trusts. The investment portfolio inherently had a fair amount of short-term uncertainty, however it allowed the investment to generate a healthy return in the long run.
Since 1999 Mr Smith has received a monthly income from this Living Annuity of 6.60% per annum of the total value of the investment. Currently (August 2016) that amounts to R57 487 per month, which provides an adequate income for him. The value of the Living Annuity grew remarkably well, despite his income requirements and stands at R10.2 million in August 2016.
Taking into account the withdrawals, the return translates into an annualised internal rate of return of 15.32% over the 17 years. Mr Smith continues to enjoy a happy retirement.
Wealth Management
We offer an advice-centric integrated wealth management approach
Traditionally certain wealth management approaches made reference to specific services.
As part of our advice-centric integrated wealth management approach the following services are included:
Realizing a happy retirement is an extremely extensive process and takes years of sensible preparation. Retirement planning ensures that a client has sufficient assets at retirement. We aim to ensure that our clients meet their financial goals and objectives in order for them to become and remain financially independent once they retire
Investment planning consists of analysing a financial situation and preparing the most appropriate solution to ensure a healthy and attractive growth of capital. We optimise investment portfolios to ensure that portfolios provide the maximum return for the given level of risk, likewise we minimise risk for the given level of expected return.
It is important to have access to thorough advice in regard to one’s Estate, planning and ensuring a problem free estate give you peace of mind about your financial situation. Estate planning typically attempts to eliminate uncertainties over the administration of an estate and to maximize the value of the estate by reducing taxes and other expenses in the transition stage.
It is of great importance that each of us have certainty of what will happen to our assets once we are no longer here to oversee it. FDM offers a full range of estate planning and fiduciary services, which include the establishing and administering of wills and trusts.
Financial Planning
60%
Price is what you pay. Value is what you get.
Warren Buffett