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In life and in business, change is inevitable. Thus, it gives me great pleasure, although with a feeling of sadness, to announce the separation of NMG Personal Wealth from the NMG Group.

This change was brought about through natural progression as NMG Personal Wealth, under the leadership of Tancred Melis, Jeanne Nel, and myself, has evolved from a two-man small business in 1999 to a fully-fledged financial planning practice with 16 financial advisers (8 of whom are classified as Certified Financial Planners® with the rest in the process of becoming a CFP®), 18 operational support staff, and Assets Under Management in excess of R 4,5 billion.

The NMG Personal Wealth business has now reached a level of maturity where the next steps for growth and development of the business and staff can only be achieved by having a shareholder with capabilities such as the Liberty Group. Due to the strong relationship built with the Liberty Group over the years, this new partnership was an ideal fit.

From 1 January 2018, NMG Personal Wealth will be known as Morebo Holdings, a Distribution Partner of the Liberty Group. The Morebo Holdings Leadership Team will include Mapula Motshwane as Managing Director, and Colin Horwitz, Tancred Melis, Jeanne Nel, Ashley Horwitz, and Yoren Chetty as Directors and Shareholders of the new organisation – the Liberty Group will hold shares in Morebo Holdings.

It is important to note that whilst the name of our business is changing, everything else remains including our commitment to you. It is understandable that there will be concerns and questions from your side, and I have tried to address some of these below:

What is the impact of this change on my policies and investments?

It will remain as is, except for our new company name and contact details.

Will I still have access to my current Financial Adviser, or will this change, and how will I be able to contact them going forward?

Your current Financial Adviser will maintain their relationship with you as they always have. Their cellphone numbers will remain the same and their new email addresses from 1 February 2018 will be:, so for example,

Our new switchboard number will 010 8225100 as from 01 February 2018

We will be relocating to 13th Floor Libridge, 25 Ameshoff Street, Braamfontein on 01 February 2018, and we look forward to welcoming you to our new home so drop in and come and have a cup of coffee with us.

Who will be the new leadership team at Morebo?

The leadership team will include all current NMG Personal Wealth Executives, viz. Colin Horwitz, Tancred Melis, and Jeanne Nel, but will now also include Mapula Motshwane as Managing Director, Ashley Horwitz and Yoren Chetty.

What will happen to my non–Liberty and non-Stanlib products?

All clients with products outside the Liberty group that is managed by NMG Personal Financial Services will be contacted by their Financial Adviser to migrate over to Morebo Brokerage within the next 2-3 months.

If I am invested in the NMG Solutions with Stanlib, how will this affect my investment?

Your investment will remain unchanged at Stanlib. The name of the Solutions will just be rebranded from the NMG Houseview Solutions to the Morebo Houseview Solutions.

We are committed to limiting any administrative problems during this transition period. Service delivery and client satisfaction remains our top priority and if you do experience a problem, please feel free to contact your Financial Adviser directly.

I am also available at .

Yours sincerely;

Colin Horwitz
Chief Executive Officer
Tel: +27 11 509 3150
Eml: Web:

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Morebo Financial Solutions (Pty) Ltd, an affiliate of Liberty, the Liberty Group Ltd is an authorised Financial Services Provider in terms of the FAIS Act. (No. 2409)
Morebo Wealth (Pty) Ltd, an affiliate of Liberty, the Liberty Group Ltd is an authorised Financial Services Provider in terms of the FAIS Act (no. 2409)
Morebo Brokerage (Pty) Ltd is an Authorised Financial Services Provider in terms of the FAIS Act (no. 48360)

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