ByAndile
FAIS Fit and Proper Requirements to Meet DOFA Date Before appointing a representative, make sure to verify their date of first appointment (DOFA). This is important as the amount of time available for them to meet the ‘fit & proper’ criteria depends on this date. Dofa Date (The Date of First Appointment) marks when you’re officially appointed to act as a representative of an authorised Financial Services Provider (FSP). This also means you will be…
ByAndile
The purpose of this section is to discuss what is structuring your wealth and how you can plan it. The first step in structuring your wealth is to understand the different aspects of your life. This includes understanding what you want out of life, who you are, and how much money you need to live on. Once that has been established, the next step is figuring out what type of asset allocation will work…
ByAndile
A career in wealth management is a great way to make a difference in people’s lives. It is an exciting and rewarding profession because it touches so many aspects of our lives. The financial services industry is undergoing rapid change that requires us to rethink the way we do business and the skills we need to succeed. The future of the financial services industry will be driven by technology, innovation financial services is a…
