Guiding consumers since 2009

FPI announces financial planner of the year winner

By Staff Writer

This week, Barry O'Mahony (pictured), was awarded the 2013 financial planner of the year by the Financial Planning Institute (FPI) at a cocktail evening at the Sandton Convention Centre.


O'Mahony, a certified financial planner and founder of Veritas Wealth Management, has been in the financial planning industry for two decades.


“Winning this award has been a dream come true and I’m honoured to have been selected considering that it’s one of the highest accolades in our industry. The title will allow me to further attest to the value of attaining a CFP designation as well as empowering the broader public to make better financial planning decisions.”


As the financial planner of the year, O’Mahony will also serve as the FPI and CFP professional designation brand ambassador. 

 
O’Mahony said that despite many people knowing what to do about their finances they need advice to show them how to handle it properly.


“Some of the problems clients need guidance with are dealing with debt, saving for retirement ad getting their wills in order. When it comes to insurance many people are unaware that they are under or over-insured and financial planners are there to help them to get it right,” said O’Mahony.


Godfrey Nti, CEO of the FPI said O’Mahony’s passion and substantial financial planning experience has positioned him as an asset to the financial services industry.


What makes a top financial planner?
Tsholofelo Dihutso, spokesperson for the FPI, said O’Mahony was selected from close to 50 initial entrants who had to go through three stages of elimination before the winner was selected.


“In the final round a panel of independent judges asked the entrants a variety of questions to see how well they understand the legislation and the industry itself. This award has been running for 13 years and what we aim for is not just to profess being a professional financial planning institute, but also a way to inform consumers on who the top people are to engage with when it comes to their finances. The FPI’s vision is that everyone will get access to assistance with their finances,” said Dihutso.

Recent Articles

Featured It’s possible to change your marriage regime

Many people wed before they sign an antenuptial contract (ANC). This is especially practiced by people in customary marriages and those not clued up about the ANC. The law says if there’s no ANC before the wedding takes place, the marriage will automatically be in Community of Property. 

Keep this in mind when taking out new financial products

Adding a product to your personal finance portfolio, such as insurance or an investment, is a big decision. We found out what you should keep in mind before taking out a new product, how you can assess the products you already have, and how you can generally improve your financial position.

Are you in debt denial?

With debt levels increasing at 13% more than income levels, South Africans are more debt-stressed now than arguably ever before. This is iterated by the National Credit Regulator’s (NCR) report that nearly half of credit-active consumers in South Africa have damaged credit records. However, only a few seek the necessary help.

Why should you invest in a mutual bank?

Often when people think about banking, they always think about commercial banks. Mutual banks hardly come to mind, but these banks offer investment opportunities that are often overlooked.

 

Deals

Blowfish Half-price Sushi Special

Price: Available on request
When: Wednesdays and Thursdays
Where: Cape Town

Da Vinci’s On Kloof Lunch Specials from R60

Price: From R60
When: Daily
Where: Cape Town

Stonehill River Lodge Stay 3 pay 2 Special

Price: Available on request
When: Until 19 March 2020
Where: Swellendam (Western Cape)