About Us

Background

Millhouse Wealth is an independent financial services company, offering focused investment and insurance services to individuals and businesses. We specifically focus on Wealth Creation, Preservation and Insurance solutions for our clients. The cornerstone of our business is based on the fundamental principles of integrity, trust and transparency.

The company currently has four offices in Somerset West, Stellenbosch and Durbanville. Complementary services include, Accounting, Legal and Consulting. We place a strong emphasis on a comprehensive personal service offering and building lifelong relationships with our clients. Our advisers adhere to the highest levels of ethics and professionalism coupled with top industry qualifications.

Vision

Millhouse Wealth’s Vision is to be one of the largest Independent Advisory groups within the next 10 years, offering a simple yet highly sophisticated comprehensive solution to its clients.

Mission

Our Mission is to deliver a simplified, transparent and cost-effective wealth creation and preservation solution to our clients based on the fundamental principles of integrity, trust and transparency.

By adhering to our mission we will ensure that:

  1. We create and nurture a culture of saving within our clients;
  2. We formulate a retirement plan for our clients;
  3. The long term risk cover needs of our clients are identified and adequately insured;
  4. 1, 2 and 3 above are done in a transparent, easy to understand and cost effective manner underpinned by extensive market research and formal strategic partnerships with industry specialists.

Directors and Advisors

Fanie Meades has extensive banking, financial services, auditing, accounting and stockbroking experience. He holds three professional qualifications as a Chartered Accountant, Chartered Financial Analyst and Member of the Institute of Stockbrokers, as well having completed Executive Leadership certificates via GIBS and USB.

Fanie started his career in 1996 at PwC (Coopers & Lybrand) and qualified as a Chartered Accountant in 1998, worked in the UK as Financial Manager in 1999 and Stockbroker at ABN Amro in 2000, where after he joined Standard Bank in 2001 to head up various divisions. At the end of 2008 he moved to Cape Town to join PSG Konsult to head up the Distribution division in the Western Cape and later National Wealth.

Charl Krumm has comprehensive experience in the regulatory aspects of the financial services industry. He is a qualified attorney and conveyancer, an authorised Financial Service Board Compliance Officer, Key Individual and has also completed his Post Graduate Diploma in Financial Planning at the University of Stellenbosch.

Charl started his career with Symington & De Kok Attorneys, went on to practise at Savage Jooste & Adams Attorneys where he practised in the insurance litigation department. He joined PSG Konsult in 2009 as compliance and legal officer where he later progressed to national compliance and legal officer. In 2013 he was appointed as the Western Cape Regional Manager of PSG Konsult and oversaw the Distribution of the business in the Western Cape.

Adi Fourie, BSc., H.D.E. (UPE), Bus. Man.Dipl. (Damelin) originally started his career as a Mathematics and Science teacher.

After that he joined AECI as an Industrial Chemist, worked in sales for a few years, before joining Liberty Life as an agent in 1997 and thereafter as an independent advisor from 2006 as Future 123.

During this period Adi spent 3 years working with Foster Wealth Management, a Category 2, Discretionary Investment Manager and this was fruitful in gaining experience in “Active” portfolio management and construction.

He has 20 years’ experience in financial services industry focusing on Financial Planning, Short-term Insurance, Medical Aid and Investment Management.

Consultants

David Meades is an economic historian, veteran financial journalist and formerly a Stockbroker on the JSE.

David is an independent consultant to Millhouse Wealth providing guidance and insights on relevant perspectives to complement the investment outlook with regards to Capital preservation.

David has been involved in the investment fraternity for nearly 50 years as a journalist, editor, stockbroker and portfolio manager, commentating in the media and advising clients through a number of bear and bull markets since 1967.

As part of David’s career he has been the first financial editor of the Sunday Rapport and later the Transvaal daily, Beeld. He joined the well-known Johannesburg Stockbroker PLJ van Rensburg in the late eighties and started his own stockbroking firm Meades de Klerk. David continued to be active in the markets and subsequently joined ABN Amro, which became SPI. He then relocated to the Western Cape to manage SPI’s Stellenbosch branch before retiring to Somerset West, where he assisted PSG Konsult Strand to establish a stockbroking arm. David has written a plethora of articles in the press on investments after he left journalism. His first love is still writing and at the moment he is busy with the last couple of chapters of a book on Afrikaner Capitalism.