Skip to main content

Established in 2015 by a team of like- minded professionals with broad experience in the investment and financial planning industries.

Our aim is to provide investors with the most appropriate investment structures for the environment, while offering as much stability, accessibility and flexibility as possible.

Our long-term client relationships often span across decades and multiple generations as our inherently prudent and service orientated approach to investments provides security and continuity to our investors. We are aligned to the success of our investors and treat their funds with the due care that they deserve.

Integral Asset Management Established

Our team.

Our investment team has a long history of working together prior to the establishment of Integral Asset Management. Each member’s previous track record bears testimony to our success in long term wealth creation with below average risk.

Mining Analyst

Bruce Williamson

Bruce is a member of the South African Institute of Stockbrokers and the Investment Analyst’s Society. He worked as an analyst for Stockbrokers Ed Hern, Rudolph for 4 years, JD Anderson & Co / SBC Warburg for 13 years and ABN AMRO Securities for 3 years. He was rated No.1 gold analyst in 1992 by the Financial Mail. He has a good understanding and knowledge of the South African corporate arena and the mining industry in particular, with widespread mining/industrial and institutional contacts. Bruce joined Imara in May 2008 and until recently was the CIO of IAMSA and lead manager of the Imara African Resources Fund. Bruce is a founding member of Integral Asset Management and joined as CIO with effect from 1 June 2016.

Senior Investment Administrator

Charlton Moyo

Charlton Moyo is a dynamic professional with a keen interest in investments and finance. Currently pursuing a BCom Accounting degree at Varsity College, his academic journey lays the groundwork for his future in financial markets. Charlton’s diverse skill set, including precision, communication, and a strong work ethic, makes him a valued member of any team. In his role as a Junior Investment Administrator, he excels in operational tasks and contributes to team efficiency, earning a reputation for delivering results and ensuring smooth operations.

Chief Executive Officer

Danilo Pagani

Danilo co-founded Integral Asset Management where he currently serves as the CEO and fund manager. With a strong foundation in the technology sector, Danilo started his career as a developer from 2007 to 2010. Driven by his passion for investments, he pursued a B. Com finance degree and successfully completed the CFA Level 1 exam, deepening his understanding of the field.

In 2013, Danilo joined Momentum SP Reid Securities (formerly Imara SP Reid) as a sell-side analyst, specializing in the tech sector and holding companies. In 2015, he transitioned to Imara Asset Management South Africa, assuming the role of a buy-side analyst. Leveraging his technology background, Danilo established a secure and efficient operating environment for Integral Asset Management in 2016.

Recognised for his passion for Asset Management, Danilo was appointed as the CEO of Integral Asset Management in May 2020, spearheading its strategic direction and growth. In May 2022, he took on the role of the lead fund manager, guiding investment decisions with astute insights.

Danilo continues to contribute to the relentless drive for excellence with a deep commitment to delivering optimal outcomes, client satisfaction and superior results.

Integral Asset Management Team Dave Eliot
Chairman

Dave Eliot

Dave is the founding member of Integral Asset Management in South Africa. His formal working career began in January 1972, working for London & Dominion Trust Ltd as an investment analyst, thereafter various stock broking firms and fund management companies, attaining the position of Head of Research at all companies. 

From 1981 to 1996, he was a member of the First National Bank group in South Africa, culminating his stint as Chief Investment Officer of First National Asset Management & Trust Company (Pty) Ltd. Between 1996 and 2003 he was employed by the BoE group, initially as Director in charge of Private Client and Fund Management for BoE-NatWest Securities. Thereafter, as Deputy Managing Director and Chief Operating Officer of BoE Personal Stockbrokers (Pty) Ltd. In February 2003, Dave was invited to join the newly formed Imara Holdings group and was appointed director in charge of Wealth Management for stockbrokers Imara SP Reid (Pty) Ltd. In late 2003, he was asked to head and launch Imara Asset Management in South Africa – a private client and institutional asset management company; after which he was appointed Managing Director and later CEO. At the end of April 2016, he left to start Asset Manager, Integral Asset Management [Pty] Ltd.

Senior Investment Administrator | Trading

Keenan Oliver

Keenan Oliver is a dedicated and driven individual with a passion for finance. Having completed a BCom Finance degree at Varsity College, Keenan’s academic journey is laying the foundation for his future in financial markets. His insatiable curiosity leads him to be a diverse and well valued member of the team. As a Senior Investment Administrator and Trader, he leveraged his keen insights, abilities, and communication skills in a team orientated environment with utmost efficiency. His efforts in aiding the team to operate in an efficient manner provides them with the needed space to focus on their specialties.

Keenan has a meticulous attention to detail, astute work ethic, and proficiency in operational tasks, Keenan has developed a reputation for assisting his team to operate smoothly, delivering tangible and consistent incremental improvements.

Certified Financial Planner®

Luca Muscardin

Luca embarked on his journey in the financial industry in 2012 and has since emerged as a distinguished Certified Financial Planner (CFP) accredited by the Financial Planning Institute (FPI). His career has been marked by the establishment of a thriving clientele, rooted in the core principles of holistic financial planning. His unwavering commitment to excellence has led him to specialize in the nuanced field of Retirement and Investment planning.

With more than 12 years of experience in the financial services industry, he has developed a strong foundation in investment management, retirement planning, estate planning, tax optimization, and risk management. He has successfully guided clients through various life stages, from early career and wealth accumulation to retirement and legacy planning.

As a dedicated and experienced Certified Financial Planner (CFP®), he is committed to helping individuals and families achieve their financial goals and secure their financial future. With a passion for financial planning and a deep understanding of the ever-evolving financial landscape, he provides personalized and strategic guidance to his clients, empowering them to make informed decisions about their wealth.

Certified Financial Planner®

Michael Frantzeskou

Michael started his career in financial planning shortly after graduating with his Bachelor of Commerce degree in Financial Management in 2011 from UNISA. In 2016 he completed his Postgraduate Diploma in Financial Planning through the University of Free State and qualified as a Certified Financial Planner ® Professional. He is an active member of the Financial Planning Institute of Southern Africa and has over a decade of experience in the financial services industry.

Throughout his career, Michael has demonstrated a deep commitment to helping clients achieve their financial goals while prioritising their overall well-being. His approach is client-centered, focusing on personalized financial planning strategies that align with each individual’s unique needs and aspirations. With a passion for empowering clients to make informed decisions, Michael has built a reputation for trustworthiness, professionalism, and dedication to long-term financial success.

Alongside being family orientated, he is an avid sportsman and enjoys spending his free time training. He has actively competed in several long distance single and multi-stage cycling road race tours and running events including nine 947 Cycle Challenges, five Cape Town Cycle Tours and one Comrades marathon. He has a particularly keen interest in triathlons having completed four half Ironman 70.3 and six full Ironman’s. He has had the privilege of having competed in the 2022 Ironman World Championships held in Kailua-Kona, Hawaii and will be doing so again in October 2024.

Certified Financial Planner®

Richard Goodlace

Richard Goodlace is a dedicated financial planner with a strong foundation in business management, financial planning, and corporate communications. His expertise lies in wealth management, financial advisory, and strategic financial planning, helping clients navigate complex financial landscapes to achieve their long-term goals.

With a BCom in Business Management from the University of Pretoria and a Postgraduate Diploma in Financial Planning and Services from the University of the Free State and qualified as a Financial Planner Professional, Richard Goodlace combines academic excellence with practical financial expertise. His background also includes a Bachelor’s degree in Business/Corporate Communications from IIE Varsity College, equipping him with strong client engagement and advisory skills.

Currently, he serves as a Financial Planner at Integral Asset Management, where he provides tailored investment and financial solutions. Prior to this, he was a Financial Advisor at Discovery Limited, guiding clients in risk management and wealth preservation. His early experience includes internships at Qhubeka Charity and Aprio Strategic Communications, where he developed his financial and strategic communication skills.

With a client-focused approach and a deep understanding of financial planning, Richard Goodlace continues to help individuals and businesses build secure financial futures through strategic investment and wealth management.

Investment Administrator

Thabang Lehobo

Thabang Lehobo is a driven finance professional with a strong foundation in economics and a deep interest in investment management. With experience in portfolio operations, client reporting, and trade support, he combines analytical thinking with a commitment to precision and efficiency. Thabang is passionate about the role financial markets play in shaping economies and is dedicated to continuous growth—both professionally and academically.

He holds a BCom in Economics and Finance and is currently furthering his studies to strengthen his expertise in financial markets and asset management. Thabang brings curiosity, discipline, and a collaborative spirit to everything he does, contributing meaningfully to the teams and clients he works with.

View our latest Minimum Disclosure Documents

Integral Asset Managemnet Who We Are
Integral Asset Logo Dark

Integral Asset Management provides full-discretion investment products and services reflecting our group’s best investment houseview. Integral Asset Management provides financial planning services and offers a full range of investment products and platforms, as well as life assurance, medical aid and corporate financial planning.

Invest with Integral