Fees are transparent and will be disclose to the client from the onset. Our fees consist of two components: Initial Planning Fee and On-going advisory fee.

The financial advisory process involves six steps namely:

1. Setting objectives (done at the first meeting)
2. Fact finding stage (facts to be provided by the client)
3. Needs analysis (to be done by the adviser)
4. Recommendations (to be done by the adviser)
5. Implementation and execution of recommendations (to be done by adviser and client)
6. Regular review and on-going advice

Initial Planning Fee is meant to compensate us for the work done from Step 1 to 5. On-going advisory fee is meant to compensate us for Step 6.

The financial advisory process applies to wide ranging of scope of work. The most common ones will be Protection Planning and Investment Planning. For Investment Planning, we can provide planning and on-going advice on investments which are not bought through us. However, we can only advice on investments which are within our scope of license and that such investments must have sufficient available information (e.g. prospectus, marketing materials) for us to analyze and advice.

The fees below exclude other professional fees like legal fee, accountant’s fee and trustee’s fee. However, the fee is inclusive of work done by other personnel in Promiseland – for example: Step 5 is usually done by another staff in the company.