See full profile: Springfield Park, Durban Advisor- Nunthee Naicker
What is your preferred mode of communication with your clients?
Email, Phone, Face to Face, WhatsApp.
Have you ever done an online video call with a client?
What do you love most about being a financial advisor
Interacting with all kinds of people. Helping people securing their financial future. Seeing people smile and happy at claim stages, realising their effort, was not in vain in trusting the financial advice and the number one insurance company in the country.
Would you recommend becoming a financial advisor as a career for school-leavers, and why?
Yes, financial advice is all about securing someone's future financially. The advice given, and the trust people place in your advice, is rewarding in itself although you can make a career of being a Financial Planner where you can write your own cheque.
What qualities should South Africans be looking for in their financial advisor?
The most important quality is being Truthful to your self and the client. Also integrity, morality, competence, and honesty in the advice given with right qualifications.
What is the biggest challenge facing financial advisors today?
The challenges for Advisers is prospecting for the right clients. The South African consumer must be educated in financial planning so the client will easily under stand the products available in the market place suited for their needs.
What aspects of financial advising do you focus on most?
I do most products on offer from Old Mutual. My biggest focus is Death, Disability and Severe Illness benefits in the Risk sector. I also focus on Retirement Planning. Both products will pay out in future events of the client. Drafting of Wills and Short Term policies, Income Protection. All products go with disclosures and Accreditation of product.
Describe your average client:
Clients who earn R20 000 and up per month; AA clients with some higher qualification and with stable employment.
How far away from your premises is your furthest client?
Have clients who have immigrated overseas still in contact. Also clients who have moved or work in other provinces, e.g. Pretoria, Johannesburg, and Cape Town. In KZN I have clients in Richards Bay about 150 km
From your financial advising experience, if you could cite one of the biggest reasons financial goals, what would it be?
Always late planning, People leave retirement planning too late and find they cannot reach the goal they want, because of their age and the remaining term till retirement. Also Life and Disability is only thought of when some illness sets in, then the premiums become too expensive.
What financial software do you like best?
Presently we use Xplan which is quite comphresive in collecting client data for the right advice to be given.
What other software, online services or apps do you use?
There is quite a few other online apps or software we can use, as most of our products and offering are all online.
Do you think the coming wave of automation in the next few years will steal some financial advisor jobs and why/why not?
People today are quite technically equipped and nearly all product and product providers are online providers. Client are more aware of the needs being offered and some of them will do business from the comfort of their homes. Still, clients do need to do face-to-face interaction with advisers. With the regulations and conformity and with accredited Advisers the onus is on the adviser who is responsible for the advice.
What is your opinion on Bitcoin?
I have heard about Bitcoin, but did not do any investments.
What do you enjoy doing in your spare time?
Sports especially soccer and cricket, also do meditation, & yoga. Love songs and music and movies.
What is the most interesting thing on your bucket list?
Besides being spiritually inclined, I love to help people spiritually and financially.
What has your experience been on FindanAdvisor?
I cannot tell right now, as I have just enrolled. I hope to see some good leads in the future....Thank You