BDO Wealth Advisers Acquires Lepar Financial Services
20 September 2018
Lepar Financial Services CC, is an independent financial services provider based in Cape Town, established in October 2006 by David Lepar, who has been in the financial services industry since 1987.
David built the business up to become a firm advising more than 230 families, about 20 retirement funds and a further 100 medical aid members.
“For the past seven years, I attempted to find a suitable succession plan that would satisfy the needs of all my clients in the event of my untimely demise. I realised that my client base is so diversified my search for an individual or small operation was not a correct fit. I needed a diverse operation that could not only look after the day to day needs of you as my client but also other services like Estate Planning and Tax Advice under one roof,” says David Lepar, Financial Planner at BDO Wealth Advisers.
“We are thrilled that the Lepar Financial Services team will be integrating with BDO Wealth Advisers,” says Ricardo Teixeira, Chief Operating Officer at BDO Wealth Advisers. “Not only is Lepar Financial Services aligned to our wealth advisory business model and values but they also share in our approach of finding solutions for our clients to ensure they make good money decisions.”
Through BDO Wealth Advisers’ footprint, range of services and diverse team of trusted independent financial advisers and professionals, David believes BDO will be able to provide his clients with greater opportunities. However, David will still be a part of the business for the next three years to ensure a seamless transfer for his clients.
This means that the BDO Wealth Advisers team will expand to a team of 50 people across four BDO offices.
David and his team members, Bernice and Brandon have officially moved into the BDO SA offices in the Foreshore and will be a great fit to the team.