BT Money Hacks: How to combat obsolete wealth management models (Ep 125)

Synopsis: Every first and third Monday of the month, The Business Times breaks down useful financial tips.

Which wealth management models are outdated and how can the mass affluent 'move with the times' and get the proper advice we deserve? Correspondent Howie Lim speaks to Adam Reynolds, CEO, Saxo Markets Singapore to find out.

Highlights of the conversation: 

01:29 Which wealth management models are obsolete?

04:21 Why an individualised plan is important

05:16 How feasible the 'individualised' model is

08:08 Drawbacks of robo advisors

09:55 Outlook for 2H 2022

Produced by: Howie Lim (howielim@sph.com.sg) and Claressa Monteiro

Edited by: Howie Lim

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Feedback to: podcast@sph.com.sg

Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party's products and services. Please consult professional advisors for independent advice. 

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BT Mark To Market Podcast at: http://bt.sg/btmark2mkt 

WealthBT at: http://bt.sg/btwealthbt

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BT Market Focus: http://bt.sg/btmktfocus

BT Podcasts at: https://bt.sg/pcOM  

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