NMM Insurance Brokers - Financial Planning

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VISION STATEMENT To build the most respected and successful Multi-Faceted Financial Planning Brokerage in KZN, providing a wide variety of integrated financial services.

MISSION STATEMENT To create and maintain wealth for our clients utilizing the most appropriate, innovative financial planning services, with superior client service, back up, at market related remuneration structures. To create a fund from our income which will be used in the local community to facilitate achievements in education and furthering the moral upliftment of deserving citizens of South Africa.


NMM INSURANCE BROKERS NMM FINANCIAL PLANNING ONSHORE & OFFSHORE • Estate • Risk (Personal) • Risk (Business) • Employee Benefits • Investments • Retirement • Income Tax

NMM HEALTHCARE • Medical Aid Plans • Gap Cover • Savings Plans • Critical Illness • Future Costs Plans

• Domestic Insurance • Motor Insurance • Commercial Insurance • Pet Insurance • Dental Insurance

WHAT DOES A GOOD FINANCIAL PLANNER DO? • Understands your current situation (complete a Needs and Risk Analysis) • Helps you to prioritise your needs (re-balance your portfolio) • Orchestrates the whole into a simple, easy-to-follow plan • Helps you to implement the plan (documentation and processing) • Review your portfolio regularly (Financial Advisory Service)


ACCOUNTING SERVICES

FUND MANAGEMENT Onshore / Offshore

BANKING SERVICES • Cheque Accounts • Investment Accounts • Credit Cards • Mortgage Bonds • Business Finance

• Bookkeeping / Financials • Income Tax Returns • Accounting Advice

• Guarantee • Unit Trust • Property • Shares

ESTATE ADMINISTRATION • Valuing Assets • Planning / Drafting Wills • Trust Structures • Winding Up Estates

LEGAL SERVICES • Legal Advice • Conveyancing • Agreements


Death Cover

Dread Disease

Disability

Gap Cover

Medical Aid

Medical Savings account

Business

Personal

Short Term

• •

Temporary Disability (12 months) Income Replacement (24 months thereafter to age 65)

Major health events / claims: •

Unnatural causes

• Cancer • Stroke • Accident • Violence Ie. Check family history for a potential claim area under: • Medical aid cover • Dread Disease Cover • Income replacement • Disability • Death

Long Term

Own Occupation

Own / Similar Occupation

Types of Disability •

Regular or reasonable alternative

• Impairment - Functional (use of organs) - Physical (loss of organs) Disability = loss of income earning potential by the virtue of: • • • • •

Nature of job Qualification Age Adaptability Accidental injury


SA Resident Wealth Creation Options

Cash

Education Fund

Short Term (Projects)

Medium Term Investments

Voluntary Investment

Long Term Investments

Retirement Planning

Income Tax Planning (Personal Tax) (Capital Gains Tax) (Estate Duty Tax)

Compulsory Investment

Estate Planning (Will) (Trust)

Options: • • •

Lumpsum Monthly Income / Growth

Income / Growth / Investment Options / Products

Multi / Asset Managed Unit Trusts

Offshore Issues

Endowments • • • •

Share Portfolio

(Death – Probate) (Bank Accounts / Investments) Income Tax / CGT Estate Duty in SA / UK

Voluntary Annuities

Property

Money Market

Pre Retirement Planning Retirement Annuities

Pension Fund

Provident Funds

Preservation Funds

Post Retirement Planning Compulsory Annuities Life / Living Annuities Guaranteed Annuities

Pension


Contact Stage Disclosure in terms of Policy holder Protection Rules and the Financial Advisory and Intermediary Services Act Legal Status and Contractual Relationship Mark Louch is an independent broker who is paid for his services in the form of fees and commission. Mark has a Bachelor of Arts degree with majors in Psychology, Economics and Law. He is completing a Post Graduate Diploma in Finance Planning (University of the O.F.S) He is also a Commissioner of Oaths appointed by the Department of Justice. NMM is occasionally incentivised by our suppliers by non-cash incentives.

Experience Mark Louch has 27 years’ experience in providing advice on the following topic(s): Risk, Death and Disability planning/Business Assurance planning / Retirement planning / Onshore Investment planning/Offshore investment planning, Financial Structuring, Estate planning, Income tax planning, Property financing. He is financially in good standing. He is a member of the Senate group of invited financial advisors and he is also a member and past chairman of the Financial Intermediary Association of South Africa. (North Coast Branch)

Key Person and Financial Advisor Name: Mark Charles William Louch Capacity: Financial Advisor and Managing Member Office Number: (Bus) 031-5663611 (Fax) 031-5661135 (Cell) 0825500119

Risk / Retirement/ Assurance Planning Investment Planning (Offshore) Life/Disability/Critical/Illness Cover • • • • • •

Discovery Life (OMI) Momentum Sanlam Hollard Life / Altrisk Old Mutual Generation Life (Offshore)

Income Protection Replacement Cover • FMI Medical • Discovery Health (Outsourced) • Complimed Gap Cover • Linksave Gap Cover

Income Protection • FMI

Compliance Officer Carrie – Ann Wolff Moonstone Compliance (Compliance Officer registered number 188)

Professional Indemnity Insurance National Money Market holds professional indemnity insurance with Alexander Forbes of R1 500 000.

Retirement Planning • Sanlam Glacier • Old Mutual • Discovery Invest

Postal Address P O Box 5027, Frosterley Park, Umhlanga , 4019 Physical Address Suite 1, 16/18 Frosterley Park, La Lucia Ridge Office Estate, Umhlanga

Investment Planning Onshore Lump Sum Investments • Discovery Invest • Glacier • AIMS

• • •

Allan Gray Fairbairn/Old Mutual (Galaxy) Fairbairn/Old Mutual (Investment Frontiers)

Monthly Investments • PSG Unit Trust • Allan Gray

Investment Planning Offshore • Old Mutual Guernsey • Anglorand • Old Mutual Isle of Mann • Glacier International • Allan Gray / Orbis • Royal London 360


ONSHORE AND OFFSHORE INVESTMENT STRATEGIES PRODUCT PLUS FUNDS R 10,0 M+ S

SPECIALIST STRUCTURES

R 1,0 M - R 10,0 M S

CUSTOMISED PORTFOLIOS

 TAX STRUCTURE WITH Core Managed Fund Options Specialist Managed Fund

R 50 000 - R 1,0 M S

MANAGED FUNDS

 ADMIN PLATFORM WITH Core Managed Fund Options

SINGLE FUNDS

DISCRETIONARY

Product / Issues  Tax Effective  Flexibility  Income  Growth  Ownership / Beneficiaries

 DIRECT UNIT TRUSTS: Balanced Managed Fund

? RISK/ NEEDS ANALYSIS ? RISK RELATED PORTFOLIO Income • Money Market Growth • Conservative (Low) • Moderate (Med ) MANAGED FUNDS • Aggressive (High) • Lifestyle Return

INCOME

GROWTH

CASH MANAGED FUNDS MANAGED FUNDS

DISCRETIONARY- NON / DISCRETIONARY

 DIRECT UNIT TRUSTS:  ADMIN PLATFORM WITH Core Managed Fund

R 10 000 - R 50 000 S

Financial Planning Checklist: INVESTMENT OPTIONS

SPECIALIST TAX STRUCTURE W ITH

Personally Managed Customized Portfolio


? INVESTMENT TERM •> Term = > Equities/ Property

1 Year

5 Years

10 Years +

NB: IMPORTANT FACTORS: • INCOME TAX • INFLATION • EXPECTED RETURNS / MANDATES (PERFORMANCE) • EXPECTED OBJECTIVES/GOALS

Equity INVESTMENT PORTFOLIO / ASSET CLASS OPTIONS

Hedge

ASSET CLASS OPTIONS: ADD ABOVE TOGETHER

RISK LEVEL

Other

Property Bonds

= RECOMMENDATION / REPORTS

Cash


Financial Engineering combines the expertise of each of the services provided by the professionals below into a comprehensive NMM Financial Plan. Our clients are able to “Map Out” their Financial Planning on an ongoing basis, whilst they run their businesses and their personal affairs. As and when each service is required reference is made to the Financial Plan, so that ultimately our client’s objectives are achieved in the most tax effective way. WHAT IS FINANCIAL ENGINEERING?

Every client has interactions with each of the above financial planning partners in the course of personal & business matters every year. How do you integrate each professional’s advice without incurring additional costs/fees, and more importantly, how does each professional contribute to your personal and business financial planning goals?

NMM Financial Services LAW ATTORNEY • Estate planning • Legal advice

Each professional gives advice in isolation, without a comprehensive view of your whole lifestyle or financial plan. Do you have a Financial Plan to guide your personal / business dealings with a professional who integrates all the various partners? NMM Financial Services are Financial Engineers who research and evaluate your personal and business financials. Thereafter we engineer a strategy or Financial Plan by restructuring your assurance policies, onshore and offshore voluntary + retirement investments, healthcare cover and review your will and trust for effective estate planning. At our appointment we will guide you through the process and discuss costs and benefits.

TAX ACCOUNTANT • • •

Income tax Estate planning Financials

Clients

Financial Engineers MONEY BANKERS • • •

Banking Financing Investments

RISK BROKERS / AGENTS • Insurance broker (Assets) • Assurance broker (Life cover) • Investment broker • Onshore • Offshore • Healthcare Broker


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