Bespoke solutions for your financial success

Each person’s needs and aspirations are unique. The solutions to achieve their financial goals should be, too.

Start shaping your portfolio

Optimise my existing offshore assets

Structure my taxes efficiently

Diversify my portfolio

Safeguard my financial future

Plan for my long-term savings

Optimise my existing offshore assets

With the right offshore investment strategy, you gain access to opportunities and benefits not available in the local market. Some of the benefits include efficient management of tax and estate duties, risk mitigation, and protection against exchange rate volatility. With exposure to top-tier investment opportunities, your portfolio can achieve optimal returns within global markets.

Optimise my existing offshore assets

With the right offshore investment strategy, you gain access to opportunities and benefits not available in the local market. Some of the benefits include efficient management of tax and estate duties, risk mitigation, and protection against exchange rate volatility. With exposure to top-tier investment opportunities, your portfolio can achieve optimal returns within global markets.

Platforms

We make use of state-of-the-art internationally regulated platforms, which give our clients access to a global selection of funds and investments. Invest directly on global markets, or make use of our bespoke discretionary fund management services in a user-friendly, cost-effective and transparent manner.

Offshore endowments located in reputable offshore jurisdictions (such as the Isle of Man) allow for tax efficient and seamless investment options. Benefits are ease of tax administration, efficient transfer to beneficiaries via a capital redemption contract, and a wide selection of funds and investments.

Trusts are excellent investment vehicles to protect assets, and they have the ability to hold a wide array of asset classes, including property, shares as well as art or collectibles. They also allow for effective distribution of assets to beneficiaries. An offshore trust that is regulated in a secure jurisdiction allows for effective wealth creation, tax-efficient management and succession planning.

Offshore companies allow business owners in particular to consolidate global earnings in an optimised structure. Benefits include convenient administration, tax optimisation, asset protection and a robust legal framework.

With an offshore pension, you can save for retirement in hard currencies and secure jurisdictions. It offers the flexibility to access pension benefits at retirement age and pass on wealth to beneficiaries. With access to global investment opportunities, our offshore pension structure enhances earnings potential, and provides additional tax and succession planning benefits.


Tax efficient structuring

Multigenerational, multi-asset and globally diverse investment structures require significant tax and fiduciary obligations, which may have a significant impact on your investment results. We understand the complexities involved and aim to optimise your portfolio structure to protect, preserve and grow your wealth. Our experienced Wealth Specialists can advise you on the relevant tax deductions, rebates, penalties and ongoing reporting information required in order to structure your portfolio in a compliant and tax efficient manner.

Trusts

Trusts are excellent investment vehicles to protect assets, and they have the ability to hold a wide array of asset classes, including property, shares and art as well as collectibles. They also allow for effective distribution of assets to beneficiaries. An offshore trust that is regulated in a secure jurisdiction allows for effective wealth creation, tax-efficient management and succession planning.

Having an effective estate plan provides instructions on where, when and how your wealth will be passed on to your beneficiaries upon death. It helps to ensures your estate is unwound effectively, timeously and cost effectively. Estate planning is an ongoing process – whether it’s because of changes in your life or that of your loved ones, or the ever-changing estate tax laws, regular reviews are essential.

A will might just be the most important legal document you will ever sign. It protects your most important asset – your family. With a well-written, carefully planned will, your wealth is preserved for your beneficiaries and distributed fairly to those you love. Working with one of our Wealth Specialists ensures your portfolio is in good hands, and reduces the burden on your family during trying times.

Offshore companies allow business owners in particular to consolidate global earnings in an optimised structure. Benefits include convenient administration, tax optimisation, asset protection and a robust legal framework.


Diversify your portfolio

As specialists in international and local wealth planning and integrated wealth management solutions, we offer a range of investment options that diversify your portfolio across different countries, regions, sectors, asset classes and products. As an independent financial advisory firm, we provide unbiased financial advice, putting your best interests first.

Investment options

Through our global partnerships, we provide access to an unrivalled set of investment options for conservative and dynamic investors. Working with your Carrick Wealth Specialist, you can tailor your portfolio to include exposure to a global selection of assets classes and investment products.

Our structured products include defined capital and income guarantees, together with offshore diversification by virtue of being linked to developed market equity indices. All the elements of the structured note are typically protected in a single capital-protected endowment policy. Your initial investment is guaranteed, carries no currency risk and offers excellent tax treatment.

We offer access to highly experienced discretionary fund managers (DFM) to all of our clients. Appointing a DFM enables them to exercise professional discretion in building and managing a portfolio of investments. Our DFMs monitor the markets on a daily basis and make the necessary strategic and tactical allocation decisions. They operate globally in multiple jurisdictions and are judged on their consistent track record backed by robust administrative and operational structures.

Diversify your portfolio by investing in international property. We identify high-growth property markets in secure, stable and developed jurisdictions around the world, and handle the property purchase and management process on your behalf. We work with established developers with proven track records in the United Kingdom, Germany, Portugal and Mauritius.

With a global footprint and partner network, we provide access to reputable financial jurisdictions around the world. We structure your offshore portfolio for tax efficiency and asset protection.


Safeguard your future

By partnering with some of the best insurance companies in the world, we ensure that you and your family have all the necessary financial help you need to deal with an unexpected life-changing event. We provide dependable advice to give you the right amount of cover to suit your age, income, lifestyle and family composition. The cover is optimised to ensure it provides for all your future needs.

Life cover

The best investment you can make is the one that will be the most prosperous when you need it most. In that light, life cover is an essential component of a well-rounded investment strategy. Your Wealth Specialist will design your life cover to suit your needs, including a lump sum payout, income for your dependents, payment of funeral expenses and estate taxes, and charitable contributions.

Your greatest asset is your ability to earn an income. It is important to prepare for the unexpected. When you cannot work anymore, or you need permanent care, permanent disability cover ensures that you can maintain your standard of living and pay for additional costs such as medical expenses or rehabilitation.

Your income enables you to maintain your lifestyle – from everyday expenses that cover the home you live in to providing for your family with food, healthcare and education. Income protection ensures that you can maintain your lifestyle without affecting your future financial plans. Your retirement planning and emergency funds remain untouched. Income protection replaces a portion of your income, and pays out until you can start working again.

As with other forms of risk cover, severe illness cover provides for your wellbeing when you need it most. You will receive a cash lump sum if you are diagnosed with one of the specified medical conditions or injuries listed in the policy. This means you can maintain your independence, as the policy reduces your financial burden.

Paying for a child’s education is one of the most significant investments you can make. It provides a measure of freedom to choose from a wider range of opportunities, and gives the young person a boost early in life. Your Wealth Specialist will structure an investment that makes best use in the long term, while ensuring that there is some measure of protection against market downturns.


Plan for long-term savings

Retirement, college, a deposit on a house, emergency funds for unforeseen circumstances – these are long-term goals that require careful planning and consistent savings to achieve. While other aspects of your portfolio may be more dynamic, these savings play an important role in protecting your lifestyle. With your goals in mind, your Wealth Specialist will help you choose the correct investment to achieve the financial future you envision.

Retirement annuities

For many clients, a retirement annuity (RA) takes the place of a traditional pension fund, and it is designed for individual investors. You are allowed to contribute up to 27.5% of your taxable income, with a limit of R350 000 per year.

If you belong to a company-sponsored pension fund, a preserver fund is put in place when you change jobs, or when you near retirement age, but you do not want to make use of the funds. Your investment and tax benefits remain intact, and you can transfer your funds back into a retirement vehicle at a later stage.

With a company-sponsored group scheme, your contributions and those of your employer are invested in a tax-efficient manner. At retirement, you can pay out a third of the pension as a lump sum, and the remaining portion is reinvested in a living annuity, allowing you to draw a regular income from your retirement.

When you reach retirement age, a living annuity provides you with a regular income from your retirement funds. Depending on your financial situation, your income can be as little as 2.5% per annum, with a maximum of 17.5% per annum. When you pass away, the remaining funds in your annuity form part of your estate.

A life annuity is an insurance product that guarantees a monthly pension for the rest of your life. The product safeguards you against the risks of living longer than expected, or depleting your funds too quickly because of poor investment returns. When you pass away, no funds are passed on to your estate, and any remaining savings are lost.