Last Updated on 19, March 2014
Both education planning (short time) and retirement planning (long-term) require some elements of investment planning. However, we treat the clients’ entire wealth (excluding personal use assets and residential home) as a single portfolio. We do not departmentalize into separate and isolated portfolios like “Retirement portfolio” or “Education planning” portfolio.
Everything which the client has is part of that single portfolio. Therefore, we will taken into account of cash deposits, fixed deposits, single premium endowments, SRS balances, CPF Ordinary Account, Special Account, Medisave, funds, stocks, investment properties, as part of the entire portfolio. We will calculate what is the weighted average return of the existing portfolio.
We will then recommend an asset allocation to achieve the desired weighted average return. Because the portfolio is not static, those who have sign up for our Retainer Service will expect us to assist in advising on how to rebalance this portfolio as and when it is needed.
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