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...