Episode 43: The Philosophy of Profitability of Wealth Management Firms

In this episode, I will share our philosophy of profitability and why we have transited to using low-cost instruments such as ETFs, index funds and evidence-based funds from Dimensional Fund Advisors for all our investment portfolios.Important note: Low-cost investment instruments have proven to better deliver the expected returns for our clients than high-cost actively managed funds.The host, Christopher Tan, is Chief Executive Officer of Providend, Singapore’s first fee-only wealth advisory firm and author of the book “Money Wisdom: Simple Truths for Financial Wellness”.View the full list of podcast episodes published: https://providend.com/providen....ds-money-wisdom-podc Music courtesy of ItsWatR.