Being a trusted adviser to our affluent clients for over two decades, our wealth management philosophy—making life decisions before money decisions—is rooted in our experience of managing over S$1 billion worth of our clients’ hard-earned assets.

In this week’s Money Wisdom episode, our co-host Isaac chats with Chris about the article that unexpectedly stirred up conversations across the advisory space. What began as an article meant to explain why Investment-Linked Policies (ILPs) are complex products that Providend chooses not to use for our clients, ended up sparking strong reactions within the industry—something that was not intended.

Chris shares how the article took up quite a bit of his mind space as he reflected on both the criticism and the support it received. While some advisers disagreed, many consumers reached out expressing gratitude for the clarity it brought. Chris and Isaac also discuss how ILPs can open doors to both mis-selling and well-meaning recommendations and why understanding this nuance matters.

For context, it is most helpful to read Chris’ Business Times article here before tuning in to this conversation.

Music courtesy of ItsWatR.

The host of this episode, Isaac Ong, is a Client Adviser at Providend, the first fee-only wealth advisory firm in Southeast Asia and a leading wealth advisory firm in Asia.

The full list of Providend’s Money Wisdom podcast episodes from Season 4 can be found here.

Did you know that our Providend’s Money Wisdom podcast is now available in video format on YouTube? Follow us on our YouTube channel for new episode on Thursday at 8pm.

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