New Frontiers Wealth Management (Cape Town)

Name: New Frontiers Wealth Management
Address: 89 Durban Road, Cape Town, 7800
Telephone: 002721 674-2275

New Frontiers Wealth Management is an adviser based in Cape Town. It manages $9.3 million of regulatory assets for 6 client accounts. It has been registered with the SEC as an adviser since 2008.

New Frontiers Wealth Management provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

New Frontiers Wealth Management: assets under management

The assets under management (AUM) of New Frontiers Wealth Management is $9.3 million. The company doesn't manage any assets belonging to foreign clients.

The firm manages $9.2 million in discretionary accounts and $100 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $1.84 million each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $100 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay New Frontiers Wealth Management for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at New Frontiers Wealth Management

New Frontiers Wealth Management is owned by Andrew Morrist. James Morrist has been acting as President since 1 Jun 2006.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Andrew Morrist	Owner	1 Jan 2003	75% - 100%	5416801
James Morrist	Director/chief compliance officer	1 Jun 2006	Other	5416800

Based in Cape Town

The principal office where New Frontiers Wealth Management performs its advisory services is located at 89 Durban Road, Cape Town, 7800 The mailing address of the firm is 54 Rue Liotard, Geneva, 1202. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 002721 674-2275 or by fax 002721 674-2275. The normal business hours are 9:00 a.m. - 7:00 p.m. south african time on Monday - Friday. You can find more information about the New York firm at www.nfwm.com.