Old Mutual Customised Solutions (Pty) Limited (Pinelands)

Name: Old Mutual Customised Solutions (Pty) Limited
Address: Mutual Park, Pinelands, 7405
Telephone: +27 21 509 5022

Old Mutual Customised Solutions (Pty) Limited is a large advisory firm based in Pinelands. It manages $1.17 billion of regulatory assets for 3 client accounts. It has been registered with the SEC as an adviser since 2016.

Old Mutual Customised Solutions (Pty) Limited provides portfolio management for pooled investment vehicles, portfolio management for businesses and institutional clients, and implementation of models provided by others. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Old Mutual Customised Solutions (Pty) Limited: assets under management

The assets under management (AUM) of Old Mutual Customised Solutions (Pty) Limited is $1.17 billion. The firm's AUM has grown by 11% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

Investments

The firm invests in exchange traded securities the most. They account for 100% of the total AUM.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Old Mutual Customised Solutions (Pty) Limited 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.

What kind of clients Mobasheer Patel serves?

The only and largest group of clients of Mobasheer Patel is pension and profit sharing plans with 0 clients and $1.17 billion of assets under management. Among the 9 most similar advisory firms, Old Mutual Customised Solutions (Pty) Limited has the highest percentage of pension and profit sharing plans out of all clients.

The amount of regulatory assets under management is $1.17 billion for 0 clients. 96% of the firm’s clients are foreign persons or businesses.

Old Mutual Customised Solutions (Pty) Limited doesn't advise any private funds.

Careers at Old Mutual Customised Solutions (Pty) Limited

The company employs 21 people that are either part- or full-time employees. 86 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Mobasheer Patel has been acting as President since 1 Dec 2011. Kingsley Kendall Williams has served as the Chief Investment Officer since 1 Mar 2013. John Gilchrist joined the executive team most recently as the Co Managing Director.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Brett William Pohl	Chief compliance officer	1 Feb 2011	Other	5896497
Diane Claire Radley	Director	1 Feb 2011	Other	5897387
Mobasheer Patel	Director	1 Dec 2011	Other	5697773
Old Mutual Investment Group	Owner	1 Mar 2013	75% - 100%	foreign
Kingsley Kendall Williams	Chief investment officer	1 Mar 2013	Other	4237297
Jonathan Hurford Westaway	Chief operating officer	1 Sep 2013	Other	6316443
Hywel David George	Chairman	1 Jan 2014	Other	6317888
John Gilchrist	Co-managing director	1 Jan 2016	Other	6458560
Grant Allan Watson	Co-managing director	1 Jan 2016	Other	6620422

Indirect Owners

The SEC currently registers 4 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Old Mutual (Netherlands) Bv	Shareholder	1 May 1999	75% - 100%	foreign
Om Group (Uk) Limited	Shareholder	1 May 1999	75% - 100%	foreign
Old Mutual Plc	Shareholder	1 May 1999	75% - 100%	foreign
Old Mutual Investment Group	Owner	1 Sep 2005	75% - 100%	foreign

Based in Pinelands

The principal office where Old Mutual Customised Solutions (Pty) Limited performs its advisory services is located at Mutual Park, Pinelands, 7405 The mailing address of the firm is P.O. Box 878, Cape Town, 8000. The firm also has an office outside of the United States.

You can reach the main office by calling the phone number +27 21 509 5022 or by fax +27 21 509 5529. The normal business hours are 9am-5pm on Monday - Friday. You can find more information about the New York firm at oldmutual.co.za.