Garath Lesch, Financial Advisor

ABOUT US

I'm Garath, an Accredited Old Mutual Personal Financial Advisor based in Durban, South Africa. I provide expert financial guidance and support to individuals and families, specializing in Old Mutual financial services. With a focus on personalized service, I will help you create solid financial plans and find efficient solutions to achieve your lifetime financial goals.

Having been raised in a household in which financial planning was not a priority, I can personally attest to the importance of developing a financial plan for your life.

Contact me today to learn more about how I can help you do so. I charge nothing to review your Current financial status, your Protection, Retirement, Savings, and Investment goals, and your Estate Plan. Work with me as we navigate how to transform your life and provide for your future by focusing on the two pillars of Financial Planning: Protecting and Growing your Wealth.

My Facebook: https://www.facebook.com/GarathLeschOMPFA

My LinkedIn: https://www.linkedin.com/in/garathleschom/

My Website: https://garathlesch.wixsite.com/leschfinadv?fbclid=IwAR2vIAdVMoYviXisJbn73dUurXJXr8HIhEICq3A7jg1Z6_SMdBPZRcg-sqI

SOLUTIONS

Do a little exercise with me as a fun first step towards your financial plan. Lift up one of your hands, with your palm facing you - left hand or right, it doesn't matter:) Consider each finger on your hand as representing an aspect of your financial circumstances. In order, they are:

1) Your Current financial status. Do you have an emergency fund? Do you have a suitable plan to reduce your debt, if you have any? Have you made provision for Life, Disability, or Dread Disease Cover? Retirement Fund, Savings, or Investments? Cover for your Car, House, or valuables? Medical Insurance? 

2) Your Protection goals. If you don't have cover for one or more of the previous Insurances, which ones do you need or want for yourself and your loved ones? If you own a business, have you considered or do you know what protection you need for it?

3) Your Retirement goals. Do you want to retire financially secure? What does that mean to you, e.g. buying a home in Retirement, disposing of Business assets for income etc.? Do you need help understanding your existing Retirement benefits, if you have any? 

4) Your Savings, and Investment goals. What specific goals are you saving toward e.g. Buying a house, starting a business, or taking a holiday? Do you want to provide for your children's education? Do you need help understanding and managing your existing capital? This may include understanding the impact of tax and inflation on your investments, diversifying your portfolio, and your approach to risk when investing. 

5) Your Estate Plan for after your passing. Do you have a Will? Do you have a plan to create and preserve generational wealth? Do you know the costs of dying, such as Estate Duty, Executors fees, or Capital Gains Tax or your assets?

If you aren't sure of the answer to any of these questions, if the answer is "No" to any of these questions, or if you just want to know more, you SHOULD speak to a Financial Planner. Among the many Professionals that specialize in a variety of financial services, I stand as an Advisor dedicated to continuing education in the principles that offer the best chance of achieving the two objectives central to the Financial Planning Process: Creating and Growing your Wealth.

Explore my page to find out more, visit my Website, Facebook, or Instagram to send me a message or see updates on Finance in South Africa, and hopefully to find an answer to the previous questions that you should be asking yourself.Chat soon!