Introduction
The Port Elizabeth-based MEMP Financial Services (Pty) Ltd was established on 1st January 2000 as a division of a national group of companies, primarily responsible for employee benefits, and more specifically healthcare consulting services. The company and its employees subscribe and adhere to governing financial services legislation and satisfy all corporate and financial compliance requirements, both as a company and as registered representatives within the company.
The beliefs and methodology of the division proved uniquely member driven and in stark contrast to the norm within the existing Group, and indeed the general consulting industry and it was not long before the division bought out to become a wholly owned independent company. What had started out as a dream to create a member-driven healthcare consulting company had become a reality and our independent company was able to focus and develop according to its own objectives and philosophy, focusing on our members needs and empowerment philosophy without the limitations and constraints of historical consulting methods.
With a steady growth in the client base it became necessary to expand our services countrywide and to share our original Group Philosophy, Guiding Principles and Methodology with Associates across the country. These qualities continue to be the crucial foundation of our unique and highly successful business model approach and indeed have directly contributed to the latest exciting development.
The same Group Philosophy, Guiding Principles and Unique Methodology we have been applying to our successful healthcare consulting services has been adapted where necessary to encompass and add value to a more comprehensive range of financial services. In June of 2009 what was a specialised healthcare consulting company became a Group of Financial Services Companies, able to offer a wide range of financial services to our members and corporate clients.
The MEMP Group of Financial Companies is a formal Association of three independent companies, all fully compliant with governing legislation, and importantly all subscribing and operating in strict compliance with the original Group Philosophy, Guiding Principles and our Unique Methodology, wherein our members and corporate client’s needs are paramount and the driving force behind everything we do.
Our Group can and do provide employee benefits and healthcare consulting, personal financial planning, short term asset based and personal line risk benefit products and consulting, all within the governing legislation and compliance requirements.