Wealthport (Pty) Ltd

How does choosing the right DFM & LISP enhances your value as an IFA?    Partnering with a Linked Investment Service Provider (LISP) that supports your Discretionary Fund Manager (DFM) strategy frees up time for independent financial advisers to focus on what you do best; guiding clients through complex markets.    “Our LISP offers market-leading flexibility for structuring comprehensive portfolios, allowing our IFAs to include any asset manager or DFM solution in a single model portfolio,” says Cliff Coxwell, Head of Wealthport Business for the Western Cape.    Perhaps it is time to elevate your advisory game by seeking out the right DFM and LISP combination!    Read more here: https://lnkd.in/dDUx4wnE

Is your LISP holding you back? Here's why it matters!  Choosing the right LISP can make all the difference in delivering value to your clients.    "Local IFAs are increasingly choosing DFMs that use passive ETFs to limit the total expense ratio across their portfolios,” says Charles Brits, Head of Distribution at Wealthport. “If your LISP does not allow for ETFs alongside unit trusts, then your choice of DFM is potentially restricted.    A flexible LISP partner means more options, lower costs and a better client experience – with the added benefit of administrative and compliance efficiency. Are you getting the most out of your platform?    Read more here: https://lnkd.in/dDUx4wnE

How far, fast will interest rates fall?     To excel at financial advising, Independent financial advisers (IFAs) need insights around the macroeconomic factors at play in domestic and global financial markets.    “You need to be aware of inflation and expected interest rate movements as these affect both consumer and corporate spending and borrowing behaviour,” explains Cliff Coxwell, Head of Wealthport Business for the Western Cape.    To find out more about the extent and speed of the current interest rate cutting cycle, Wealthport interviewed leading economist Kevin Lings. Read the interview here: https://lnkd.in/dTwkmN8c

Rate cuts should free up cash for financial planning!     Leading economist, Kevin Lings, expects the Reserve Bank to take a slow and steady approach to interest rate cuts.    In an interview with Wealthport, he says independent financial advisers (IFAs) should bank on up to four 25 basis point cuts before the current cycle ends, at around 10% Prime. Lings contends that prudent management of inflation is more beneficial to consumers than aggressive rate cuts.    “The economist told us that interest rates are unlikely to return to the lows of 2020-21,” says Charles Brits, Head of Distribution at Wealthport. Then, the Repo fell to 3.5%; during this cycle, it will likely peg nearer 7%.    Read the full interview here: https://lnkd.in/dTwkmN8c

Why do one-on-one adviser-LISP ‘hook-ups’ make sense?    In the past, independent financial advisers (IFAs) were keen to diversify their Linked Investment Service Provider (LISP) exposure, often partnering with multiple brands. Today, they prefer a strategic partnership with a single brand.    “It makes sense for IFAs to select a best of breed partner and work on a single relationship, rather than taking a scattergun approach to the overall LISP market,” says Cliff Coxwell, Head of Wealthport Business for the Western Cape.    That’s because choosing one LISP simplifies your administrative processes; improves your fee-negotiating powers; and allows you to build stronger relationships with LISP management. Click for more: https://lnkd.in/dwvtkpmS

World Financial Planning Day, celebrated on 2 October, is an opportunity to reflect on the cost and efficiency gains that digital platforms offer independent financial advisers (IFAs). These benefits filter through to the most important beneficiary of the financial advice process, the consumer.    “An adviser-LISP (Linked Investment Service Provider) partnership is a strategic alliance between adviser and platform provider aimed at improving client outcomes,” says Charles Brits, Head of Distribution at Wealthport.    “Your LISP helps you to take care of complex compliance matters, freeing up your time to meet with and advise existing and potential clients.”     Click for more: https://lnkd.in/dwvtkpmS

With all the media hype around the 1 September 2024 two-pot retirement solution, it is easy to lose sight of retirement planning fundamentals.    Experts at Wealthport reckon the solution will improve the amount of capital that savers accumulate through their working lives, and create greater product choice at retirement.     Cliff Coxwell, Head of Wealthport Business for the Western Cape says, “The two-pot solution combined with the flexibility of living annuities provide an excellent foundation for clients to achieve a financially secure retirement while allowing advisers to tailor strategies to individual needs.”    Click to read more: https://lnkd.in/d3yEqxrX

IFA’s, say goodbye to complexity and hello to efficiency. Wealthport's LISP empowers you to focus on what matters most: building strong relationships and providing personalised advice with streamlined operations. Click to read more: https://lnkd.in/dwvtkpmS

IFAs relish the capital boost from two-pot discipline!    National Treasury designed the two-pot solution to improve retirement preservation rates by preventing fund members from resigning purely to get early access to their savings; and this is an excellent intervention. “If the two-pot system performs as we expect, then it should benefit all stakeholders in the financial services industry, with retirees reaching retirement age with two-thirds of their lifelong retirement contributions – and the growth on this capital – intact,” says Charles Brits, Head of Distribution at Wealthport.    He believes asset managers; LISPs and IFAs will benefit from the boost in capital values that two-pot will deliver.    Click to read more: https://lnkd.in/d3yEqxrX

IFA’s, are you ready? The two-pot system is bound to create a surge in demand for financial advice, especially for retirees looking to maximise their living annuities. Click to read more. https://lnkd.in/d3yEqxrX