A wealth of words
It is time, again, for the FPI Professionals Convention and this year the Convention celebrates its 31st year. Another reason for celebration is that the three final contenders for FPI Financial Planner of the Year 2020 have been announced.
Three CFP® professionals stood out this year for their expert knowledge and superior clients service: Hester van der Merwe, Henri le Grange and Johan Swart. Congratulations! The winner will be announced at the FPI Awards Ceremony on 27 October. Blue Chip will be interviewing the winner in our January 2021 issue.
The golden thread that runs through this issue of Blue Chip
is seeing beyond the money to the human need. Rob Macdonald, Fundhouse, suggests in his article, Are you working in the messy middle?,
that perhaps it is time for financial planners to acknowledge that their primary role is to help clients achieve a life well-lived. On page 52
, Kate Holmes attests that by moving beyond the numbers, you can show clients the true value of financial (life) planning. Kim Potgieter, in her article Building a financial planning business
, contends that for life planning to be successful, it must be at the core of everything you do as a business. It needs to be part of your DNA, your values and your culture. And it has to be authentic.
After entering the financial services industry 13 years ago, Kim Potgieter realised that it was a male-dominated industry with little support for females. Kim felt strongly that women in the sector needed a forum to meet, share experiences and learn from each other, so in 2013 she founded the Women in Finance Network (page 38
Palesa Dube, Wealth Creed, argues that the finance industry must become deliberate in creating a value proposition that speaks to the needs of the female market if we are to make any meaningful strides in attracting this market segment (page 40
). Research shows that, in South Africa, only 3.5% of active funds are managed by a female portfolio manager or a female-only team. Alida de Swardt, CEO of RMI IM, is passionate about the empowerment of women in financial services. “There’s a lot of research that shows that diverse workforces achieve so much more,” she says in Tuning in to the beat of her own drum
on page 32.
RMI IM forms part of our focus on boutique managers, and James Downie, MitonOptimal debates whether it is better to invest in a boutique manager or a more established manager (page 26
). Each article in this issue delves deeper, debates, deliberates and delivers a wealth of insight into the makings of a blue-chip financial planner. Enjoy the read!
— Alexis Knipe, Editor
Blue Chip Journal – The official publication of FPI
Blue Chip is a quarterly journal for the financial planning industry and is the official publication of the Financial Planning Institute of Southern Africa NPC (FPI), effective from the January 2020 edition. Blue Chip publishes contributions from FPI and other leading industry figures, covering all aspects of the financial planning industry.
A total of 10 000 copies of the publication are distributed directly to every CERTIFIED FINANCIAL PLANNER® (CFP®) in the country, while the Blue Chip Digital e-newsletter reaches the full FPI membership base. If you are not yet receiving the newsletter, consider subscribing here.
FPI members are able to earn one non-verifiable Continuous Professional Development (CPD) hour per edition of the print journal (four per year) under the category of Professional Reading.
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