Career & Education
I Joined Providend!
By Sethisfy  •  March 22, 2023
I recently revealed the place I’m working at – Providend, and you can watch me talk about the reasons I’ve joined in the video below. Providend is a fee-only wealth advisory firm which is the first of its kind in Singapore and probably still the only one. Instead of hidden commissions, client pays us a fee for our advice.
Commissions vs Fees Some of you may already know that I was an insurance agent right after I left NS. I worked at an insurance agency for six to twelve months, selling insurance plans. However, I soon realized that the ILPs (investment-linked policies) and savings plans I was selling were not good for my clients. I bought these plans myself, and even with my commissions, I found them to be pretty crappy. I decided to leave and join an IFA firm where I could...
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By Sethisfy
As an adult, I’ve been through many ups and downs in my career path and personal finance journey, not unlike many Singaporeans. From my years as a tied insurance agent turned independent financial adviser, I realised that there are very few sources of proper, unbiased financial advice for working adults to access. Worse, self-styled “financial consultants” are selling products like savings plans and ILPs to the detriment of the clients whose interests they were supposed to serve.

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