We present unique solutions to the complex needs of our clients, which has necessitated high levels of expertise in the following areas of financial planning:
Local And Offshore Investments
While our South African financial market is mature and sophisticated, we cannot escape the fact that it only comprises around half a percent of the global financial market place. For this reason it is important to ensure that our clients’ portfolios are well diversified into offshore as well as local funds where appropriate. We have developed solutions that satisfy our clients’ investment needs be they local or offshore, conservative or aggressive, capital growth or capital preservation. Each solution has been carefully crafted to ensure that clients’ funds are managed in a manner that is cost effective, simple to understand and efficiently administered.
Retirement Planning
Years ago, planning for retirement meant converting everything to cash just before retirement to preserve the capital for the few years clients could reasonably expect to survive after retirement, usually only a decade or so. Recent medical advancements as well as healthier lifestyle choices have served to increase live expectancy dramatically. It is not unusual to see people living full and healthy lives until their late eighties or nineties these days. With this gift of longer life comes the need for clients to provide for themselves and their families for an extended period after retirement, making tax- and cost-efficient retirement planning an imperative. Our experienced JBL advisors walk our clients through the various stages of planning, whether just starting out, in the accumulation phase or about to retire. Our aim is to guide clients through the years to a comfortable and anxiety-free retirement.
Preservation Of Retirement Benefits
One way of ensuring that our clients’ retirement goals become a reality is to preserve retirement benefits whenever the opportunity arises, for instance when changing employers or starting a business. Preserving these benefits ensures that by maintaining the “retirement fund” nature of the investment, clients benefit from no taxation within the investment in all the years leading up to retirement. Our advisors will guide clients to the correct offering thereby ensuring that they remain on track towards their financial goals. The non-preservation of pension and provident funds when opportunity arises is probably one of the biggest mistakes an investor can make on the road to retirement. Let us help you to safely preserve that which you have spent so many years building up.
Post Retirement Investment Planning
Upon retirement many clients’ investment objectives may change from capital growth to income generation. JBL’s advisors will help navigate the myriad of different options open to clients, always ensuring that their specific requirements are met. Once in retirement, clients will still need to generate inflation beating returns to ensure the longevity of their capital where possible. Decisions will need to be made regarding monthly income requirements to cover lifestyle expenses, and guidance will be given regarding the amounts that can be drawn and the effect of tax on these drawings. Sometimes guidance on the need to cut down on expenses may be just as important as investment advice.
Insurance (Life & Disability)
In many ways insurance could be considered the cornerstone of financial planning. While everyone’s needs are different, most individuals will need cover of some sort during their lifetime. Our highly skilled financial planners will help clients understand what cover they need, be it life insurance, disability, income protection, key man, buy and sell or any of the many options available.
Estate Planning (Wills and Trusts)
Effective estate planning ensures not only that your heirs inherit your assets, but also that:
- Your estate is structured to limit duties and taxes where possible
- There is enough liquidity in your estate to cover all duties, taxes and liabilities
- Minor children’s inheritance may be protected by means of a trust
- Business owners may protect their assets during their lifetime
- Thought is given to unforeseen circumstances that may arise upon death.
Stockbroking
We have partnered with a number of stock brokers in both blue chip and smaller firms which enables our clients to hold direct share portfolios. This empowers us to assist clients by managing investments holistically in any form – unit trusts as well as direct share portfolios. It is important that we are able to make asset allocation recommendations based on clients’ individual risk profiles and objectives. Local and offshore share portfolios can remain in tact and thus form part of our clients’ overall investment strategy.
Disclaimer
Global Growth
The JBL and Graviton Group continuously strive to ensure that our offering evolves with the needs of our investors and the ever-changing global economic and regulatory environment. With this in mind, we are excited to share news of our new global partnerships.
The JBL and the Graviton Group’s global presence and offshore investment solutions
As a group, we continue to grow and enhance our service and solution offering for the benefit of our valued investor base. In order to take advantage of an ever-changing international investment environment and to provide access to an ever-increasing range of worldwide investment opportunities, we have broadened our global footprint and international offering in the best interests of our clients.
Global asset management capability and partnerships
In order to cater for the growing needs of South African investors who wish to globally diversify their investment portfolios, JBL has become a member of the Graviton Global Partners (“Graviton”), SIP Mauritius and Ci Global Fund Managers (“CiGFM”) group of companies in Mauritius. CiGFM is an investment management business based in Guernsey and approved by the Central Bank of Ireland to manage Irish domiciled funds, while Graviton and SIP are specialist investment advisory businesses that focus on global investment portfolios. This partnership provides us with the following global opportunities:
· access to a broad range of proprietary research and investment capabilities;
· aggregating our scale with the scale of other asset managers with a view to reducing the cost of investing;
· providing access to institutionally priced investments that are only available to members;
· having access to the CiGFM, SIP and Graviton investment and operational professionals, who specialize in offshore investments on an ongoing basis.
A safe harbour for offshore investments
The partnership with these offshore investment specialists followed a thorough due diligence of the most appropriate jurisdictions to domicile the JBL offshore funds. This investigation included a review of various jurisdictions’ access to resources and expertise, governance framework, tax implications and probate considerations. The outcome of the due diligence process identified Ireland as the ideal jurisdiction in which to domicile the new JBL offshore funds – the JBL Global Diversified Balanced Fund and the JBL Global Enhanced Growth Fund.
The JBL offshore funds are domiciled in Ireland and hosted on the Ci Global Investments RIAIF ICAV, which is approved and regulated by the Central Bank of Ireland and approved by the Financial Sector Conduct Authority (FSCA) in South Africa. The JBL offshore funds are administered by Sanlam Asset Management Ireland who acts as the management company that is responsible for the oversight of Ci Global Investments RIAIF ICAV and the JBL offshore funds.
Graviton acts as the unrestricted investment advisor to CiGFM, as the investment manager of the JBL offshore funds, for which they each earn an investment advisory fee of up to 0.35% on the value of investments in the JBL offshore funds. As investment manager of the JBL offshore funds, CiGFM will earn an annual investment management fee of up to 0.31% on all such investments.
Certain financial advisors/members of the JBL investment committee are direct or indirect shareholders of the SIP and Graviton Group. As a shareholder, these individuals may earn direct or indirect dividends of up to 0.35% on the value of investments in the JBL offshore funds.
Increasing investment choice and reducing the costs of offshore investing
Through its global alliances in Mauritius, Guernsey and Ireland, the JBL and Graviton Group will be able to introduce new investment opportunities and reduce the total investment cost that our investors are exposed to over the long-term while improving the tax efficiency of the management of your offshore investments.