How Providend Helps Clients Build a Legacy Beyond Assets (S3E19)

Welcome back to part seven of this nine-part mini-series, "The Story of Our Clients’ Wealth Journey", where we continue exploring the wealth management journey of our clients.
As Asia's leading fee-only wealth advisory firm, we have received many questions about who we serve and our work for our clients. So we put together a collection of all the stories that clients and prospective clients shared with us. These stories range from why they sought guidance, the challenges they faced before meeting us, and their journey with Providend.
In this week’s Money Wisdom episode, our co-host Isaac talks to Evelyn, our Deputy CEO & Chief Advisory Officer, about the "Advanced Planning" process we implement after our clients' wealth plans have been put into place. They discuss the importance of End-of-Life Planning, Legacy Planning, and Estate Planning, highlighting that there are nuances in planning for our clients' Advance Medical Directive (AMD), Lasting Power of Attorney (LPA), and Advance Care Plan (ACP).
Isaac and Evelyn expand on why it is truly a privilege of the Client Adviser to help clients reflect on their values and goals, ensuring their estate and legacy plans aren’t just about assets but also the meaningful stories and relationships they leave behind. Often, this is where our clients' express their feelings towards their families, offering a chance to restore relationships. Providend is very honoured to be part of the process.
Timestamp:
01:54 Steps after creating a wealth plan.
03:17 Advanced planning beyond just a will.
05:37 A structured process.
07:26 The goal of advanced planning meetings.
10:57 Family discussions.
24:29 Planning ahead.
24:57 Addressing clients' needs.
25:23 Providend's advisory process and its benefits.
As Isaac mentioned in the podcast introduction, you can refer to these past two podcast episodes for more details on End-of-Life Planning:
All You Need to Know About End-of-Life Planning: providend.com/...
All You Need to Know About Estate Distribution, Estate Creation & Estate Preservation: providend.com/...
Stay tuned for our next podcast episode, where Amelia from our Brand Experience team will be having a discussion with Chris about his article in The Business Times.
The full list of Providend’s Money Wisdom podcast episodes from Season 3 can be found here: providend.com/...
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. Learn more about Isaac here: providend.com/...
Want to listen to our Providend’s Money Wisdom podcast while you’re commuting to work, enjoying a workout or simply to start your week on the right foot? Follow our audio only podcast on your favourite podcast platform for new episodes fortnightly on Mondays at 8am:
▸ Spotify: open.spotify.c...
▸ Apple Podcast: podcasts.apple...
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Providend is very excited to share that we are now ready to extend our service offerings to the younger accumulators who are looking for holistic, independent, conflict-free wealth advice!
For this group of younger accumulators, we know that it is not easy to make retirement planning a priority when other financial goals - buying a first home, for example, or saving for a child’s education - appear more pressing. Learn how we can help here: providend.com/...
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