Until today, Providend remains the only fee-only wealth advisory firm in Southeast Asia, a model inspired by the U.S. and Australia – why is that so? For the average person seeking trustworthy wealth advice that is client-centric, should they exclusively consider fee-only wealth advisers? Also, what are the differences between fee-only and fee-based advisers?
In this week’s Money Wisdom episode, our CEO, Chris, and our Co-Host, Jin, discuss this controversial topic of the various compensation methods in the financial advisory world and the pros and cons of each. After listening to this podcast, we hope you will gain clarity on how to best evaluate the type of financial adviser that is most suitable for your needs.
You may also enjoy the video version of this podcast here:
Stay tuned for our next “The Brain Behind” episode, where we delve deep into Chris’ upcoming Business Times article!
Music courtesy of ItsWatR.
The host of this episode, Jin Lee, is an Associate Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.
For more related resources, check out:
1. Choosing a Wealth Adviser That Will Always Do the Right Thing for You
2. Mitigating the Conflicts of Interest in the Financial Advisory Industry
3. Money Wisdom Podcast S1E40: An Advisory Service or a Sales Business
The full list of Providend’s Money Wisdom podcast episodes from Season 3 can be found here.
*Providend is very excited to share that we are now ready to extend our service offerings to the younger accumulators who are looking for holistic, independent, conflict-free wealth advice!
For this group of younger accumulators, we know that it is not easy to make retirement planning a priority when other financial goals – buying a first home, for example, or saving for a child’s education – appear more pressing. Learn how we can help here.
Let us assist you in taking care of your financial concerns so you can focus on what matters to you. If you would like an honest opinion on your current financial/retirement plan, insurance portfolio, investment approach and/or estate plan, make an appointment with us today.