Services

Life

Having life and risk cover intact forms a critical part of proper financial planning. It will give you the peace of mind that if something should happen to you; if you die or become disabled due to an accident or critical illness your family will be taken care of financially, because you have provided for them.
If you are your family's provider, your life is your and their largest asset. In most cases it is not possible for a person to save up the same amount of money that they can buy through insuring their own life, especially if the person is still young and healthy. Our team of professional advisers can offer specialised services in:

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  • Life Assurance for both individual and Business insurance such as Buy&Sell’s and key individual insurance.
  • Thorough Estate Planning
  • Investments, according to our client’s individual needs and risk profile
  • Tax Planning for individuals, companies, trusts and closed corporations
  • Pension Funds and Group Schemes for small and medium businesses
  • Retirement planning
  • Tailor-made solutions for Post-Retirement building blocks and income planning

Health

No financial plan is “healthy” if it does not provide the client with an efficient healthcare package. Health is a risk factor no financial planner can neglect to revise. If we consider the increasing occurrence of lifestyle diseases, cancer, heart-related diseases and previously unknown viruses, the importance of taking the client's health into account as a risk factor when creating his/her financial plan, becomes clear. Over and above these, the high cost of medical care in South Africa and the overloaded public medical infrastructures, reiterates the value of thorough planning of any individual's healthcare planning.

The lack of a proper healthcare plan may cause the financial ruin of a client; even if the rest of his/her financial planning has been excellent. Choosing the right medical aid and the most effective healthcare plan for your personal requirements and situation forms a very important part of any individual's healthy financial planning.

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A Medical Aids operates in a similar way as a short term insurance policy. A client decides on a specific medical plan offered by the medical scheme of his choice; he/she registers as a member of the specific medical aid and makes a monthly contribution to the fund; similar to the monthly installments of an insurance policy. Whenever a member needs medical care, the expenses will be paid by the fund, using the accumulated funds of all the members.

In our continued efforts to strengthen our business and provide professional services to our clients, Optimum Financial Services Group has developed an administration center that specialises in Medical Aids.

Optimum's team of experts not only offer Healthcare Consulting to all our clients, but also has access to a wide range of different Medical Aid plans from all the major Medical Schemes in South Africa - making sure that you and your family are well taken care of regarding all health related matters.

Members will also have access to our administration center, which offers support with:

  • Unresolved medical aid related queries
  • Problems with account payments
  • Clarification of benefits and administrative processes
  • Clarification of annual changes to benefits and options
  • Changes to membership status, and
  • Disputes with medical aid schemes, administrators or service providers

Invest

The most valuable advice when it comes to investments and investing would be to start immediately.

Compound interest is frequently referred to as the 8th wonder of the modern world, and by starting with an investment plan as soon as possible, you can maximise your growth and taste the wonder of compound interest.

The second most valuable advice is to know what your tolerance for risk is. We are all unique and everyone has his own hopes and fears, objectives and ambitions, and maybe more importantly our own circumstances and experiences. To carefully put an investment plan together without taking your risk profile into consideration will simply not be based on reality.

Asset Management

Optimum Financial Services Group firmly believes in the Multi-Management approach to investments. We believe this approach to add real long term value to a portfolio with the lowest risk levels.

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Our team is dedicated to an active investment and risk management process within the various layers of Multi Managing. We aim to deliver consistency and superiority in long term risk-adjusted performance to our clients.

Our house-view is that of a precise understanding of what each manager contributes to the overall portfolio, as well as detailed understanding of risk and how to mitigate it through diversification to be the basis of Multi Managing. This house-view is implemented through in-depth manager research, analysis and constant monitoring.


Legal

Your last will and testament is seen as the foundation of your financial plan and ensures that your final wishes are respected and carried out accurately. Our legal advisor will assist you in drafting and updating your will and testament to ensure the correct handling of your estate. The utilisation of a trust is not a "one size fits all" solution; each client's circumstances should be taken into consideration before determining if a trust will be beneficial. Our legal advisor will be able to determine which route to follow, and assist you, if required, in setting up a trust

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The distribution of a deceased's estate is very time consuming, and our legal advisor will also assist in this last act and finalise the estate. After discovering the need for legal services, we have decided to offer an additional value added service through our legal advisor. Our in-house legal advisor specialises in the following additional services:

  • Last Will & Testaments
  • Estate Finalisation
  • Administrating and setting up of Trusts\ Company Empowerment, and
  • Buy & Sell Agreements

Insure

Short term insurance and products are regulated in terms of the Short Term Insurance Act and are there to make provision for the typical risks associated with the protection of assets against burglary, damage or disruption. There are various focal areas in the sphere of short term insurance, for example, household insurance and vehicle insurance. We offer quality service on all short term insurance products such as:

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  • Personal Lines
  • Farming & Game Farming All Risk
  • Commercial Insurance
  • Goods-In-Transit Insurance
  • Marine Insurance
  • Sectional Title Insurance
  • Aviation Insurance
  • Plant All Risk
  • Personal Liability
  • Add-on Services such as Extended Warranties etc.
  • Directors' Indemnity
  • Tailor-made products enabling our clients to be self-insured and
  • Contractors- All Risk.
  • Excellent service and rates to preferred clients

Tax

Tax planning forms an integral part of holistic financial planning, ensuring that all financial goals are aligned with tax efficiency. The rationale behind tax planning is to allow all the components of a holistic financial plan to interact more effectively by minimising tax liability. This makes the best use of all available allowances, deductions, exclusions, exemptions, etc, in order to reduce income - and capital gains tax.


Finance

While we strive to provide our clients with a variety of financial solutions, we have decided to add an Asset Finance department to our spectrum of services.

We specialise in providing asset-based finance solutions to suppliers and customers of motor vehicles, commercial vehicles, medical equipment, earth moving equipment and industrial/manufacturing equipment by offering Sale agreements and Rental facilities to clients through our vast client and dealer network. Any property needs, both residential and commercial - we are equipped to assist you with the best deal and structure. Cost-effective, flexible solutions, designed to meet each client's specific requirements, ensure service delivery that proves to benefit our clients, our dealers and ourselves.

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We provide finance solutions to suit both your company's budget and growth objectives, without compromising your quality and productivity. We support the development and expansion of your business, irrespective of the scale of your operation, and will provide you with the operational and financial expertise required to ensure your operational efficiency.

Asset finance facilities are available in the following industries:

  • Transport
  • Aviation
  • Agricultural
  • Industrial
  • Construction
  • Engineering
  • Medical
  • Manufacturing and Passenger Vehicles.

We will arrange a tax efficient structure on any property deal and will assist with general banking facilities. Our banking specialists will negotiate banking deals for your private and business needs.

Debtor and Working Capital Finance through structured solutions intended to optimize working capital by leveraging off current assets.

Optimum Asset Finance offers insight and advice into the various finance options available. Our finance specialists are qualified to structure a deal to suit your requirements. Optimum Asset Finance will ensure an efficient process for your application.

Optimum Financial Services Group offers vast of services like, Life insurance, Health cover plan, Investment plan, Legal cover, Insurance, Tax and Finance plan.

Life

Having life and risk cover intact forms a critical part of proper financial planning. It will give you the peace of mind that if something should happen to you; if you die or become disabled due to an accident or critical illness your family will be taken care of financially, because you have provided for them. If you are your family’s provider, your life is your and their largest asset. In most cases it is not possible for a person to save up the same amount of money that they can buy through insuring their own life, especially if the person is still young and healthy. Our team of professional advisers can offer specialised services in:

  • We believe that clients are the most important component of our business and serve them with honesty and integrity.
  • We harness the professional skills of well-trained motivated financial advisers and portfolio managers, with the ability to deliver beyond our promises.
  • We provide superior advice and transparent guidance with tailor- made solutions to suit every individual’s needs.
  • We set the standard for distinctive and efficient service through our highly skilled team of administrative personnel and professional advisers.
  • We are an independent establishment ensuring no conflicts of interest along with objective, independent advice.

Health

The planning of medical care is a very important part of an individual’s healthy financial planning. It is a risk need which no financial planner can neglect to revise. If we consider the increasing occurrence of HIV/AIDS, the high cost of medical care in South Africa and the overloaded public medical structures, it is impossible to ignore the need for the thorough planning of medical care.

Medical aids function on the principle that all members put their money together through a monthly contribution to their funds. When a member needs funds for medical expenses, it will be funded out of the medical aid. In our continued efforts to strengthen our business and provide professional services to our clients, Optimum Financial Service has accented to a sales agreement with Cedar Healthcare Consultants (Pty) Ltd. This transaction ensured that we became part of the Imperial Group, one of the top 40 listed companies on the Johannesburg Stock Exchange,thereby strengthening our position in the healthcare industry.

Effectively we will continue to offer healthcare consulting to all our current clients, but from now on, only within Cedar Healthcare Consultants (Pty) Ltd with FSP 22138. Cedar Healthcare (Pty) Ltd. offers various different medical aid plans from all the major Medical Schemes in South Africa, making sure that you and your family are well taken care of when health deteriorates or when medical care is needed in the case of an accident. Members now also have access to the Cedar Member Care Line, which offers support with:

  • Unresolved medical aid related queries
  • Problems with account payments
  • Clarification of benefits and administrative processes
  • Clarification of annual changes to benefits and options
  • Changes to membership status, and
  • Disputes with medical aid schemes, administrators or service providers.