Wealth

PROWEALTH was initiated after years of identifying the need of clients for trustworthy financial advice to complement the range of services already offered by the MPK Group.

In 2012 Peter Michaelides was looking to formalise the financial planning advice that was already naturally happening as an extension of the personal taxation and estate planning offered by MPK Chartered Accountants and this coincided with Malcolm Stewart retiring from full time stockbroking to focus on looking after a core client base.

As Malcolm had worked with MPK and Peter for many years it was a perfect synergy to combine the two specialist areas into a niche financial planning company that can offer wealth management, financial planning, tax advisory and estate planning under one roof.

Conservative portfolio structuring focusing on long-term growth by selecting companies that have a proven track record of growing dividends consistently.

Structuring portfolios to ensure the income generated covers the basic financial needs and thus allowing the portfolio to generate growth to ensure that the income stream can growth to meet the high inflation environment of retiring in South Africa.

Optimal asset allocation locally and offshore to ensure the most effective mix of sectors to meet clients calculated risk profile yet still delivering the required earnings and capital growth.

We believe paying lower fees results in increased earnings which results in better investment performance compounded over time.

Designing and managing direct share portfolios and low cost ETF portfolios locally and offshore.

Monitoring and administering your investments on a monthly basis.

Appropriate planning for your retirement savings in the appropriate investment vehicle, locally and offshore.

Analysing your existing investments to ensure they are structured optimally and on a fair fee basis.

All investment planning and structuring advice is done with the tax considerations in mind, we utilise specialized planning structures where appropriate to minimise the impact of capital gains tax, income tax, offshore dividends tax and estate duty.

All investment planning and structuring advice is done with the tax considerations in mind, we utilise specialized planning structures where appropriate to minimise the impact of capital gains tax, income tax, offshore dividends tax and estate duty.