Advice
You can Trust
We are privately-owned and 100% independent which means that we have no commitments or obligations to any service providers. Our independence allows us the freedom to objectively advise our clients on the most competitive and appropriate solutions available to suit their needs.
Our team of CERTIFIED FINANCIAL PLANNER (CFP®) Professionals earn on-going advice fees meaning that their income is not commission based. We believe this aligns our Financial Planners’ interests with our clients’ long-term objectives. Trust is at the heart of what we do and much like investing, it can only be earned over time. We demonstrate our dedication to this by maintaining the highest compliance and regulatory standards as well as employing qualified, competent and caring staff.
Since We Started
Over the Years
1990
Early 1990’s Recession
Iraq’s invasion of Kuwait in August 1990 caused oil prices to rise, leading the Dow Jones Industrial Average to drop 18% over three months, from 2,911.63 on July 3 to 2,381.99 on October 16, 1990
1991
Japanese Asset Price Bubble
Lasting around twenty years until the end of 2011, Japan’s asset price bubble burst, leading to a prolonged deflationary recession. Key events during this period included the 1997 Asian financial crisis and the Dot-com bubble.
2000
Dot-Com Bubble
Between 1995 and its peak in March 2000, the NASDAQ composite index surged 800%, but by October 2002, it had fallen 78%, losing all its bubble-era gains.
2007
Global Financial Crisis
On September 16, 2008, the failure of major U.S. financial institutions due to subprime loans and credit default swaps triggered a global crisis, causing numerous European bank failures and a sharp decline in global equity and commodity values. This event, one of the five worst financial crises, wiped out over $2 trillion from the global economy
2010
European Sovereign Debt Crisis
Four days after Greece activated a €45-billion EU-IMF bailout, Standard & Poor’s downgraded its credit rating to junk. This triggered a global stock market decline, devalued the Euro, and worsened the European sovereign debt crisis
2018
Cryptocurrency Crash
The S&P 500 peaked at 2,930 on September 20 and fell 19.73% to 2,351 by Christmas Eve. Bitcoin peaked on December 17, 2017, then dropped 45% by December 22, 2017. During this period, the DJIA also fell 18.78%
2020
Covid Crash
The S&P 500 index dropped 34%, 1145 points, at its peak of 3386 on February 19 to 2237 on March 23 caused due to Covid-19 lockdowns
2022
Russia Invades Ukraine
As a reaction to the upcoming Russian invasion in Ukraine, the MOEX Index fell 43.58% in four trading days. In response, the markets were closed for a month by the Central Bank of Russia to prevent even deeper decline
2024
China Stock Market Crash
The Shanghai Composite Index dropped 26.3% from 3,703 in September 2021 to 2,730 on February 2, 2024, before the Chinese New Year. The government responded by banning short selling and reshuffling officials.
Every life decision has a financial implication, we understand that
Corporate Businesses: Our client engagements have assisted us in adding value to business owners and entrepreneurs by providing tailored employee benefits and cash management solutions.
Private Wealth: Our goal has always been to assist executives, families & retirees in living out the life which their wealth enables by building portfolios around needs.
Mike Sacks CFP®
Founder & Lifestyle Financial Planner
Mike Sacks is a CERTIFIED FINANCIAL PLANNER® professional and the founder of MJS Wealth, with over 35 years of experience in the financial services industry. He holds a Postgraduate Diploma in Financial Planning from the University of the Free State and is a professional member of the Financial Planning Institute of Southern Africa (FPI).
Mike began his career in 1986 at Legal & General, where he worked as an advisor to brokers. This early experience gave him a deep understanding of financial products and investment services, laying the foundation for his client-focused approach. In 1989, he established Sacks & Associates with the vision of offering independent, personalised financial advice.
Throughout his career, Mike has guided clients through major economic shifts and market cycles, always with a steady hand and a long-term perspective. His dedication to the profession was recognised when he was named a finalist in the FPI Financial Planner of the Year competition.
Mike is passionate about helping individuals and families align their financial decisions with their life goals. He continues to work closely with clients, offering clarity, structure, and confidence in managing their wealth and lifestyle needs.
Jonty Sacks CA(SA), CFA, CFP®
Lifestyle Financial Planner
Jonty Sacks is a highly qualified financial professional with a strong academic and advisory background. He is a Chartered Accountant (CA(SA)), Chartered Financial Analyst (CFA), and CERTIFIED FINANCIAL PLANNER® (CFP®), holding a Bachelor of Commerce and a Postgraduate Diploma in Accounting from the University of Cape Town. He also earned a Postgraduate Diploma in Financial Planning from the University of the Free State, graduating with distinction.
Jonty began his career at BDO in 2017, where he completed his articles and worked on audit teams for both private and listed companies. This experience gave him deep insight into diverse industries and sharpened his analytical and financial reporting skills.
In 2020, Jonty joined MJS Wealth as a Lifestyle Financial Planner, bringing a passion for investments and a commitment to helping clients make informed, long-term financial decisions. His approach combines technical expertise with a personalised understanding of each client’s goals, ensuring that every strategy is both practical and purpose-driven.
With a calm, structured mindset and a strong focus on building financial confidence, Jonty is a trusted advisor to individuals and families seeking clarity, control, and growth in their financial lives.
