Treasury Trust Services

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rhynoRyno Venter CFP® GTP(SA)™ FPSA®  - Executive Consultant

Career
Ryno completed his schooling at Paul Roos Gymnasium with 5 distinctions in Matric. He entered the law programme in 2000 at the University of Stellenbosch and received his BA Law degree in 2003, starting his post graduate LLB immediately after. In 2005 after spending some time in legal articles he decided to leave the legal field in order to pursue management opportunities in the hospitality and entertainment industry.

After a successful stint spanning 3 years in the industry, he decided in January 2008 to take up a franchising opportunity in the property market with Treoc Property Manager Helderberg and also served as an estate agent with Treoc Property Exchange during that period. In November of the same year the Treoc group approached him to take up the position of trust advisor in their new Trust company, Treasury Trust Services, which was then known as Treoc Trust Services. He took up the opportunity to re-enter the legal field and co-wrote the current trust deeds used by the company as well as the operations manual, accepting the position of Managing Director on 1 September 2011.  He stepped down as Managing Director on the 1st of March 2015 to focus on his other Business Interests but will remain as executive consultant to the company.   In January 2011 he entered the post graduate program at the Centre of Financial Planning at the University of Free State and in September 2012 passed the examinations to satisfy a Post Graduate Diploma in Financial Planning. He was inducted in the Financial Planning Institute of South Africa as a Certified Financial Planner® in December 2012. In September of 2011 he also became an elected member of the Fiduciary Institute of Southern Africa as a senior trust administrator, senior will drafter and senior financial and estate planner. In February 2013 he was nominated to the short list for election as a national councilor on the governing board of the Fiduciary Institute of Southern Africa and is currently a member of The Western Cape Regional Committee with the portfolio of memberships, communications and ethics.   He is also registered as General Tax Practitioner (SA)™ with the South African Institute of Tax Practitioners since 2013, and as a Fiduciary Professional SA with the Fiduciary Institute of Southern Africa.

Education
BA Law (US)
PG Dip in Fin Plan (UFS)

Memberships
Financial Planning Institute of South Africa
•    Certified Financial Planner ®

Fiduciary Institute of Southern Africa  

Fiduciary Professional of Southern Africa ®

•    Senior Trust Administrator

•    Senior Will Drafter
•    Senior Estate and Financial Planner

South African Institute of Tax Practitioners
•    General Tax Practitioner (SA)™

Main activities and responsibilities

  • Review the trust instruments used by the company periodically to make sure that it is still in line with current legislation and case law.
  • Have in-depth knowledge of all relevant fundamental law governing trustees, which includes but is not limited to the Trust Property Act 57 of 1988, the Immovable Property Act 94 of 1965, the Income Tax Act 58 of 1962, the Estate Duty Act 45 of 1955, the Matrimonial Property Act 66 of 1984, the Marriage Act 25 of 1961, the Civil Union Act 17 of 2006, the Customary Marriages Act 120 of 1998 and the Divorce Act 70 of 1979.
  • Arrange and conduct trustee meetings which include keeping accurate and detailed minutes of trustee meetings, proper resolutions and comprehensive records.
  • Act with due care and utmost diligence as well as acting only in the best interests of the trust as well as looking after clients interest while still acting impartially and independently.
  • Drafting of trust deeds, resolution, trustee acceptance and all other documents relating to the registration and administration of trusts.
  • Drafting of Last Will and Testament for clients.
  • Acting as company secretary to the corporate clients which make use of this service.
Last modified on Monday, 07 September 2015 08:42

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