Back, left to right: Michael Porter and Duncan Taylor
Middle, left to right: Willie Pelser and Robin Gibson
Front: Pete Smith
In 1972, Nigel Porter started what was then known as Porter Purbrick, an independent accounting and auditing firm. Since then, the initial accounting practice has grown and evolved into a niche financial services form, known as the Harvard House Group. The firm is an independent financial services group, based in Howick, providing a comprehensive range of financial solutions to clients, including accounting and tax services, asset management, short term insurance broking and financial & estate planning.
All asset management activies have since 1995 been conducted through Harvard House Investment Management (Pty) Ltd, which is registered with and is regulated by the Financial Services Board.
Prior to 1995 local regulations did not require investment and portfolio management businesses to be separately licensed and, as such, the operations fell under the auspices of the chartered accountancy practice.
In effect, the Group has been involved in the asset management business since inception in 1972, even though Harvard House Investment Management was only established as a separate legal entity in 1995.
To create a financial services group that promotes a restoration of people’s faith in the benefits of investing with a professional investment advisor and the value of good professional financial partnerships.
- Transparency & Clarity
- Caring & Loyal
To create a cost effective value-add professional wealth management model that can be replicated globally.
Nigel Porter started what was then known as Porter Purbrick, an independent accounting and auditing firm.
First Official Registration
Four Oaks Investments is registered as official asset managers.
Beryn Financial Services is incorporated into the Group
A new family is born
Four Oaks Investments and Beryn Financial Services are rebranded to Harvard House Investments Management and Harvard House Financial Services Trust respectively.
A new brand is born
Porter Purbrick was rebranded to Harvard House Chartered Accountants.
First major milestone
Number of individual portfolios exceeds 1000.
Another registration achieved
Harvard House Insurance Brokers is registered as a short term insurance broker.
Assets under management reach R5 billion for the first time. The Group wins Raging Bull and Morningstar awards for the performance of its unit trusts. The HH Property Fund is launched later that year.
The Group establishes a permanent presence in Johannesburg.