Stanley Soo, CFP®, ChFC®/S

Manager at Chubb Singapore

06 Jun 2021

∙

What's your take on a fee-based financial planning advisory in Singapore landscape?

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Kylie Ng Kai Li

06 Jun 2021

Senior Premier Consultant at AIA Insurance Pte Ltd

Had a discussion on this question with my friends before quite awhile back.

And from their POV, who are customers, depending on the fees, most mentioned that they wouldn't want to pay for fee based financial planning because there are so already so many financial advisors out there, and they could just consult a few different consultants before making a decision.

But from my POV, it really depends on what the fee based financial planning offers and includes, how to distinguish themselves such that people would pay for the session?

Reply

Save

Write your thoughts

Related Posts

Is fee based financial advisory a good career if I wish to provide unbiased finance advice to people?

Q for my fellow Financial experts - What is your favorite financial planning software to use for SG based clients or that you recommend your clients to use for personal finances?

Are there financial planners/advisors that charge a consultation fee for assessing and organizing your finances to fit your best interests? Instead of taking a commission off the financial product?

What is the fee range like for independent financial advisors or do they take a cut from the products the client takes up?

What is the market concentration of Robo advisory platforms like in Singapore? Who are the main players in terms of client base and AUM? What are the main barriers to entry for a new competitor?

Related Posts

Is fee based financial advisory a good career if I wish to provide unbiased finance advice to people?

Q for my fellow Financial experts - What is your favorite financial planning software to use for SG based clients or that you recommend your clients to use for personal finances?

Are there financial planners/advisors that charge a consultation fee for assessing and organizing your finances to fit your best interests? Instead of taking a commission off the financial product?

What is the fee range like for independent financial advisors or do they take a cut from the products the client takes up?

What is the market concentration of Robo advisory platforms like in Singapore? Who are the main players in terms of client base and AUM? What are the main barriers to entry for a new competitor?