Meet the Team

Our Wealth Managers

CEO, Wealth Manager

Carol Axten

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Joined WellsFaber: 2014

Carol’s role at WellsFaber
Carol fulfils a dual role at WellsFaber. As CEO, she is responsible for implementing the business strategy and ensuring that WellsFaber continuously strives to offer our clients the very best solutions for their needs. In her role as wealth manager, Carol guides her clients in their financial choices to help ensure that they are able to achieve their unique financial goals.

Carol loves mentoring and developing her team, as well as formulating the strategic path and direction of the business. At her core she is a wealth manager, and enjoys nothing more than ensuring that her clients’ needs are met in the best way possible and that they can have peace of mind about a secure and happy future.

Before WellsFaber
Carol holds a BCom degree in Economics and a postgraduate degree in Marketing. After graduating, she spent two years in London, gaining valuable international exposure at two leading merchant banks. On returning to South Africa, Carol furthered her career in wealth management at HSBC and Standard Private Bank. She completed her Certified Financial Planning (CFP®) certification in 2000.

In 2009, Carol joined Citadel Asset Management and then moved on to Definitive Capital Management, a boutique asset management firm focused exclusively on private clients, before joining WellsFaber.

Something personal
Carol loves spending quality time with her husband and two children. She also enjoys yoga and recently completed her first half marathon.

Founder, Director, Wealth Manager

Ray Faber

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Founded WellsFaber: 1987

Ray’s role at WellsFaber
Ray founded WellsFaber in 1987 and fulfils a dual role of director and wealth manager. Altogether, Ray has 45 years’ experience in financial markets and almost 40 years’ experience in providing financial advisory services. His greatest motivators are forming sustainable relationships and helping clients achieve successful financial outcomes.

Before WellsFaber
Ray has spent his entire career in the financial services industry, starting at Barclays Bank in 1974. His banking career included all aspects of commercial and personal banking. In 1982, Ray joined National Acceptances as a money market and bond trader. In 1985, he and four colleagues left to form National Finance Brokers (NFB) Ltd, a national financial advisory services brokerage. Wishing to concentrate on his local clients, Ray bought the Western Cape office of NFB from his partners in 1987 and formed WellsFaber.

Something personal
Ray enjoys every opportunity to spend time outdoors in remote places such as the Cederberg and Tankwa Karoo.

Wealth Manager

Mike Moore

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Joined WellsFaber: 2015

Mike’s role at WellsFaber
Mike is a wealth manager with a particularly strong investment background. He also leads WellsFaber’s Investment Committee.

Before WellsFaber
Mike has more than twenty years’ experience in the banking and financial markets industry, in both South Africa and London. He began his career as a private client advisor at stock broking firm Frankel Pollak in the mid-1990s. He has also worked for accounting firm BDO and Barclays Bank in London. Before he joined WellsFaber, Mike spent four years at Cadiant Partners Consultants and Actuaries, advising South African retirement funds on their investments.

Something personal
In his spare time Mike enjoys spending time with his wife and two boys and can often be found googling the weather reports for a weekend surfing opportunity. Although weekends are a blur of activity, every weekend will typically include watching a Liverpool football match.

Wealth Manager

Greg Olbe

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Joined WellsFaber: 2012

Greg’s role at WellsFaber
Greg is a senior wealth manager. He has a comprehensive understanding of the diverse facets of wealth management and a wide range of local and global investment vehicles, including equities, structured products and foreign exchange. Greg enjoys helping clients manage their local and offshore assets and being a sounding board for their most important financial decisions.

Greg is also a member of the Investment Committee, and oversees the WellsFaber unit trusts as well as the WellsFaber investment houseview.

Before WellsFaber
Greg completed a BCom degree in Law and Business Management in 1997 and a BSc degree in Statistics and Computer Science in 2001. He went on to complete a Higher Certificate in Financial Markets and Instruments at the Academy of Financial Markets. In 2009, Greg received his Certified Financial Planner (CFP®) certification. He has also completed his advanced CFP® course in Portfolio Planning and Management.

Greg joined Grant Thornton in 2006 to manage the Cape Town office, where he became a director in 2008. In 2012, a group of partners and staff from Grant Thornton Cape Town merged with Mazars Financial Services, so Greg became part of the Mazars team, which merged with WellsFaber in 2015.

Something personal
Other than spending time with his wife and two energetic daughters, Greg enjoys various outdoor activities, including cycling, hiking, camping, and running, as well as the occasional surfing and stand-up paddle boarding.

Wealth Manager

Neill Katzeff

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Joined WellsFaber: 2007

Neill’s role at WellsFaber
As a wealth manager, Neill’s role is to meet with clients who need financial advice, including advice about estate and risk planning. He focuses on providing a clear and concise plan for the way forward that is easy to understand, as well as solutions to specific needs.

Before WellsFaber
Neill completed his BCom degree with majors in Business Economics, Economics and Industrial Psychology in 1987. He started his career at Liberty in 1989 as a broker consultant, and in 1991 he progressed to financial advisor. He spent 17 years working in the banking sector before joining Mazars Financial Services in 2007.

Something personal
Neill is a dedicated family man and has a wife and two children, a boy and a girl. Neill spends his leisure time fishing or playing golf and enjoys weekends with his wife and children at their family cottage in Riebeek Kasteel.

Wealth Manager

Kelly Marais

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Joined WellsFaber: 2017

Kelly’s role at WellsFaber
As a wealth manager, Kelly is able to combine her love for people and passion for the financial world into a purposeful career. She has a passion for enhancing clients’ experience of financial services as well as financial education by providing meaningful and innovative solutions for both individuals and businesses.

Before WellsFaber
Kelly obtained her BBusSci degree in 2013, majoring in Statistics and Economics. She started her career as part of the wealth management team at Prescient, where she helped to service the financial needs of high-net-worth individuals and families. Kelly then joined Ashburton, the asset management arm of the FirstRand Group. There she formed part of the team responsible for embedding and running a range of offshore multi-asset portfolios, which focused on the importance of including alternative assets in private client portfolios.

Something personal
Kelly is passionate about the outdoors and believes that nature has a wonderful way of grounding people, and keeping us balanced. In her spare time, you will most likely find Kelly on a bush escapade somewhere in Southern Africa.

Wealth Manager

Miguel Da Fonseca

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Miguel’s role at WellsFaber

As a wealth manager at WellsFaber, Miguel strives to help his clients achieve the balance that is so often lacking where a financial planning exercise has not been undertaken. Creating wealth is key, but the protection of that wealth is equally critical to ensure that each clients individual goals and objectives can be achieved. Miguel is passionate about both parts of this vital equation, but focusses strongly on the protection of wealth and ensuring that unexpected obstacles do not derail this process.

Ensuring that one is financially protected when the unexpected happens in the form of an accident or illness is vital in ensuring ones future financial wellbeing.

Before WellsFaber

Miguel’s financial planning journey began in 2004 when he began his career in the field of engineering. Having always been intrigued by financial markets and the financial services industry in general he made the decision to reinvent himself and joined the Liberty Group.

Miguel worked closely with both Liberty and Stanlib over a 14 year period over which he developed a strong and loyal client base who appreciated his tailored and individualistic approach to holistic financial advise.

Something personal

To say that Miguel is a cycling enthusiast would be a severe understatement. He loves both road cycling and mountain biking and uses every spare moment and opportunity to spend time on his bike.

He cherishes his wide circle of friendships and loves to engage and spend time nurturing these whenever possible.

Wealth Manager

Dylan Verreynne

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Dylan’s role at WellsFaber

As a wealth manager at WellsFaber, Dylan is able to fulfil his passion for assisting people to improve their lives by being able to provide them with sound advice regarding their financial wellbeing. He is an analytical thinker with the ability to “make sense of the noise” and loves being able to simplify the often over-complicated landscape of the financial service sector. His goal is not only to provide the best possible solution for his clients but also to empower them with the ability to be in complete control of their individual financial plan.

Before WellsFaber

After his time at Stellenbosch University, Dylan was fortunate enough to fulfil his dream of being a cricketer when he was awarded a contract to play cricket in the UK for 3 years. Upon his return to South Africa, he was able to begin his career in the financial industry by joining an international investment company as part of their business development team. Dylan then joined Fedgroup as a senior consultant where he was responsible for handling the Settlement Trust department in Cape Town assisting those individuals who had suffered serious injuries by providing a sustainable income for the rest of their lives.

Dylan was then able to expand his knowledge in the investment industry by spending a year with a leading international property investment company focusing on simplifying direct property investment for individuals around the world.

Something personal

In his spare time, Dylan makes the most of his time with his family and believes that no weekend is complete without spending time around the fire with his partner. In the summer, Dylan spends his Saturday’s on the cricket field where he forms part of his local cricket club’s 1st IX.

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