LMFS Brokers

our vision

MBA, Adv Bus Mngt Dip, PG Wealth Mngt Cert, Theol. Dip.

Executive Chairman

Lawrence has over 20 years experience in the financial services and insurance industry. Cutting his teeth way back in 1991 as a Financial Advisor at Old Mutual Ltd. Whilst at Old Mutual South Africa he occupied various positions including a Production Manager and won prestigious awards.

A seasoned entrepreneur, he also served as a CEO for Ayanda Technologies, which was a BEE and venture partner to Questek Advanced Technologies, a wholly owned subsidiary of Questek Group Holdings.

He has extensive knowledge and provides advice and structuring of:

  • Life and Risk benefits ( Individual and Group Plans)
  • Investment Planning and Analysis
  • Retirement Funds Structuring – Provident, Pension and RA Contracts
  • Retirement Income and Annuity structuring – Living Annuities & Traditional Annuities
  • Wills, Family Trusts and Estate Planning
  • Severance Package Investment Planning
  • Disability and Income replacement Plans

As the key individual of LMFS Financial Services he is responsible for the management and overall operations of the firm which has two operating divisions, namely LMFS Wealth Management and LMFS Brokers, a Short Term Insurance specialist brokerage.

Lawrence’s role in the business is to give leadership and set the standards for the firm with regard to the following:

  • Planning and the implementation of the entire business plan
  • Growth forecasting and maintenance of sound revenue management
  • Identify and contract with suitable Product Providers in order to address clients’ needs
  • Champions and set standards for sound Financial Advice and Practice management
  • Consistently drive client service through client care initiatives
  • Talent management and recruitment of skilled professionals
  • Relationship management with all stakeholders including Investment Companies, Fund Managers, Clients and Regulators
  • Guides and outlines the In house view regarding Investment and asset allocation strategy for the firm in order to achieve returns for clients.
our vision

B Proc, H Dip Tax Law, CFP

Executive Manager - Legal and Business Development

Louis has 10 years experience in the Financial Services industry starting from 2001 at Old Mutual South Africa. As a Legal Advisor, it was back in 2001 that he joined Old Mutual Broker Distribution, an operating division responsible for product marketing and point of sale support to Independent Financial Advisors including Corporate and Banks. In this role Louis provided tailor made advice on Tax planning & structuring, Estate planning (Incorporating Trusts and Wills), Employee Benefits, Business Assurance, Investment planning, Financial / Regulatory and Exchange Control Compliance.

After six years at Old Mutual Ltd, Louis left to join Investment Solutions Limited as a Legal Advisor responsible for structuring of investment products across the various product platforms including :

Structured products – design and structuring of Life wrapper contracts, Personal Share Portfolios, Fund Policies, Collective Investment Schemes, Annuity plans, Retirement Portfolios, Endowment Plans, Tax advice.

Investment Management - drafting, vetting and reviewing of Custody agreements, Manco agreements, Reinsurance agreements, Prime Broking agreements, Client Mandates, IT and software licensing agreements.

In 2008 Louis joined Momentum Wealth Management as a Senior Legal advisor responsible for Product development to the Structured Product Team, the Offshore Investment Company (Momentum Guernsey Branch Office), the Compliance Team and served as the permanent member of various operational teams. In his day to day role Louis was responsible for the drafting, reviewing and negotiating Service Level Agreements and distribution agreements for mutual fund range with numerous distributors both locally and globally ( Guernsey, Luxembourg and Jersey Islands). Louis provided legal advice to the trustees of Momentum Retirement Fund and was responsible for compiling of board reports for the Wealth Management Executive Management Team.

Louis has just returned from The Netherlands where he studied for one year full time doing the LLM in Finance and Law (2010 – 2011). He has finished the coursework and is busy with the Master Thesis.

At LMFS Wealth Management, Louis is responsible for Legal advice and Business development to increase the value offering and grow its annuity income across all product portfolios.

our vision

COP,ICIBS, FIAS Compliant

Business Executive– Technical and Underwriting

Neville is the Business Executive at LMFS Brokers responsible for face to face financial advice to clients on Short Term Insurance products, and is fully accredited in terms of FIAS regulations. Neville has 21 years experience in the industry and worked in senior positions at several companies including SANTAM, HIC Underwriters, Heritage Insurance Brokers, ABSA Brokers, Commercial Union & Old Mutual South Africa. Notable is his 8 year career as Relationship Manager for SANTAM overseeing a R80 million insurance portfolio.

Neville’s responsibilities at LMFS Brokers are:

  • being the Technical Expert and the Underwriting specialist for LMFS Brokers (Pty) Ltd
  • the rendering of advice regarding the structuring of the client’s insurance needs
  • sourcing of various products from different Insurance Underwriters
  • to initiate and lead complex negotiations for the design of client insurance portfolio’s
  • to provide a detailed analysis clients claim history with a view to obtain competitive pricing
  • the management of technology innovation and administrative platform of the brokerage.
our vision

B Admin Dip and Wealth Mngt Cert (Current).

Business Administration Executive

Busisiwe joined LMFS in 2008

Her admin functions encompasses, organizing the business activities, leading, processing, monitoring and managing all Services and Products.