About Us

Financial Training Solutions was founded by Tim Davies and Colin Froneman.

Level I and II CFA training at FTS is conducted by Tim Davies, CFA. Tim has a Bachelor of Commerce degree from the University of the Witwatersrand, is a Certified Associate of the Institute of Bankers (CAIB SA), and is a CFA charterholder. Tim is the co-founder and a partner of Financial Training Solutions in Johannesburg, where he conducts financial training and CFA courses. Apart from academia, he has experience in banking, stockbroking and portfolio management with leading global financial institutions. Tim’s previous experience includes working as Private Client Portfolio Manager for Merrill Lynch and Sanlam Private Investments.

Tim Davies

Colin Froneman is the course director for all FTS CFA courses. Colin structures the courses and offers motivational support throughout the 16-week programs. Colin keeps candidates focused by monitoring their progress and offering encouragement. Colin has held several directorships at listed and non-listed groups, and adds a practical component to the group in general.

Colin Froneman

Level III CFA training at FTS is conducted by Jessica Brownhill, CFA. Jessica started her career at STANLIB in retail investments as part of a graduate program. She then joined the Performance team as Performance Analyst, concentrating on the performance measurement and attribution of institutional portfolios. There she gained experience in understanding the performance drivers of securities, portfolios and indices. She also gained a thorough understanding of risk and return measures as well as portfolio and benchmark structures. Jessica now forms part of the Research Team, as an Equity Analyst covering the Industrials sector. Jessica holds a BCom Finance from the University of Johannesburg and completed her honours in Investment Management at the University of Pretoria. Jessica is a CFA charterholder.

Jessica Brownhill

Thato Mashigo, CFA, lectures in his areas of expertise, which are Portfolio Management and Alternative Investments. Thato holds a Bachelor of Social Sciences (PPE) from Rhodes University and a Bachelor of Commerce (Hons) Economics from the University of Cape Town; he is also a CFA charterholder. His work experience spans various industries including stockbroking, asset management, consulting, media and education. Thato is currently a portfolio manager with Mvunonala Asset Management and has previously worked for Cadiz Asset Management and Credit Suisse Standard Securities.

Thato Mashigo

Aveshen Pillay, CFA, lectures the Derivatives and Risk Management sections for Level II and Level III. Aveshen graduated with an Honours degree in Economics and Statistics and obtained a Masters in Financial Mathematics (cum laude) from the University of Cape Town. He currently works at UBS South Africa and is involved in the sales, structuring, pricing & execution of a suite of derivative products for a local and global client base. Prior to joining UBS, he worked for Standard Bank as a desk risk manager covering exotic derivatives. Aveshen is a CFA charterholder.

Aveshen Pillay

Jaco le Roux heads up the administrative side of FTS and is responsible for all correspondence, enrolments, liason with Kaplan Schweser and the smooth flow of information and queries between FTS and existing or potential students. Jaco is a University of Johannesburg graduate and previously headed up his own company for many years dealing with corporates at senior management level. Jaco therefore has extensive experience in administration as well as person to person skills.

Jaco le Roux
CFA Institute