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Anonymous

11 Jun 2021

βˆ™

Insurance

How much is providend fee?

Providend fee

Discussion (4)

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Providend's advisory fee is charged on top of the fund fees. The underlying funds charge anywhere from 0.3-0.7% and you can research the fees online. You pay fees as a percentage of your total invested amount regardless of performance. There is also a planning fee as Mr. Tan has mentioned as below.

Tan Choong Hwee

11 Jun 2021

Investor/Trader at Home

My understanding is they charge an initial planning fee of about $4k~$5k depending on the complexility. Ongoing advisory is a percentage of AUM.

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