Financial planners have a bad name in Singapore. For many, the mere mention of them often bring back memories of aggressive insurance salespeople harassing passer bys at mrt stations and crowded streets to conduct a fake “survey”. Being a strong believer in providing professional financial planning services to my clients, I often found it difficult to communicate the value of the work I do for many prospects I meet due to the negative impression people have of advisers in general.
For those who are yet to understand the difference between financial sales and financial planning, do read up on my other articlehere.
So is there a place for true blue financial planners in Singapore? The answer is “YES!”. Based on my experience interacting with people ranging from low income to high networth individuals, I can confidently say that many Singaporeans think that they ......