NFS is a Closed Cooperation, registered through CIPRO in 1990. It is also registered as an Authorized Financial Services Provider with FSCA. (Registration number: 13296) NFS operates two business units: o Personal financial advising unit: Individuals or couples: a range of financial advice and services Young Achievers: young graduates and first-time employees who want to build a good financial foundation o Business unit Entrepreneurs who want to establish a business and develop a business strategy Established businesses who want to expand their services Clients live in 11 countries and consultations can take place in the office or virtually. Business Philosophy: There are many aspects of financial planning, which an algorithm or AI cannot navigate. At NFS we prioritise the personal touch. Some brokers chase commissions at the expense of clients – this often leads to overselling. The need for agents to generate commission may well override the needs of the clients. NFS offers a largely fee-based service as opposed to a commission-driven offering to combat the above. NFS will only accept 10% of the allowable commission to defray administrative costs. Clients often have complex relationships with money. This leads to stress and unhelpful patterns of interaction with financial matters. Another policy is not the whole answer – advice on wise investments and financial literacy is. Many individuals from previously disadvantaged communities face unique challenges that may cause barriers to financial planning and wealth creation. NFS customizes its service offering according to the needs of the client, not the products it intends to sell. Clients will know upfront what services cost and services are guaranteed for the length of the contract.