Inherited a sum of money, 92 Million after lawyer mentioned that all assets have been converted into cash as it is part of the will.

92 million? Are you serious? I can’t even imagine how huge this money is and how to invest it wisely. I wonder who your grandparents or parents were. With investments now, too, not everything is so simple. It is enough even to check this article https://www.jdsupra.com/legalnews/sec-continues... to find out more info about it. Actually on this site you can consult with experienced lawyers who can tell you what is best to do in your situation.

How about supporting a needy youth. $60K is 0.06% of $92m https://seedly.sg/posts/should-i-forgo-investin...

Jus buy the s&p 500

Unlike many, anon does have a happy problem. Anyway, no mention how old are you or whether you have a family to support; so have to assume you are in your early 30s and will singly spend the S$92M yourself (no partner or children at the moment). Perhaps you could first set aside living expenses based on your current monthly expenses; multiply by 2 and factor in an annual 8% headline inflation till you reach 100 years old. Place this sum (round up to the nearest S$1M) first in short-term saving plans with guaranteed benefits as high as 4.5% pa. Update the sum as your family composition changes.

Rather than approach one banker or financial planner to help you with the balance funds, divide the monies into no less than six tranches or at most S$5M each. Don't rush to invest all tranches in one shot. You could spread the tranches over 10 years' horizon or more. Start with two tranches and approach two credible financial institutions/wealth management firms to plan out your investments. If you like the proposal, try out. Otherwise, move on. Add on another tranche only when you see surpassing results couple/few years later.

The banking and insurance sectors are very dynamic. The one who sold you the proposals, may not be serving you at your next visit. To make your fees worthy (which could be substantial based on the proposals made), you would expect the one serving you accountable for the projected investment returns.

Just my 2 cents.