Afrafin (Pty) Ltd.
Insurance in Paarl

Afrafin is a boutique wealth management and financial advisory practice.  Since 1993 we have instilled financial peace of mind with our clients.  Please visit our website for more information. We manage investment portfolios for our clients.

We work on a fixed fee for service basis and/ or a combination of percentage of assets under management. Through bulking in excess of R9 billion, we have negotiated reduced rates on behalf of our clients (also see Finsolnet Association). As such we have better control over performance fees. This fee pertains to the analysis of individual requirements. Clients pay annual fees based upon a formal fee arrangement. Administration fees are calculated upon a sliding scale; hence, costs are reduced for larger amounts. Performance fees are applicable where fund managers outperform targets and usually apply where performance exceed historic (high water mark) levels. In practice these fees could reach up to 33% of the TER. We have been able to significantly reduce these performance fees. How do we manage our emotions through the up and down cycles of financial markets? Managing inflation-beating investment portfolio's, either preserving existing capital or building wealth over time. Estate assessments and cross generational wealth preservation. We engage with other independent professionals where it is not our area of expertise. Personal tax planning with the structuring of companies and/ or trusts. Where applicable, we might liaise with trustees of these funds. We offer further insight supported by an advanced planning tool and a thorough decision-making process. In most cases we underestimate the effects of inflation and the impact of poor tax planning. until we decide to scale down, or not to work anymore. Pundits claim that life expectancy in our lifetime is about to increase in excess of 100 years; therefore, coupled with a dramatic rise in healthcare costs, you require a sophisticated and a regulary reviewed financial plan. These are efforts in order to counter this uncertainty and we would like to partner with our clients during this process. Create the necessary separation between our practice and our clients' funds. Ensure pro-active management with essential control and continuous review. freedom of choice related to our clients’ investment options as well as advisor. The advisor (also known as the Financial Service Provider or Intermediary) The fund- or asset manager who decides on the asset allocation or mix e.g. The independent Financial Service Provider (FSP) offers the client access to an advanced decision-making process, as well as a financial planning model. In addition the advisor ensures that the fund manager's mandate corresponds with the short-, medium-, and long-term objectives of the client. Investments are placed through various administrators via a Nominees Account (an independently audited trust account). The inflation-targeted investment strategies have allocations to all the asset classes (cash, bonds, equities, and listed property).