The Comprehensive Plan Advantage
PORTFOLIO Magazine|September 2021
Financial advisory firm MoneyOwl advocates a comprehensive approach to wealth planning.
The Comprehensive Plan Advantage

MoneyOwl is an NTUC social enterprise and a fee-based, comprehensive, and bionic financial advisory firm. “While we’re a fintech, we are quite different from normal start-ups in that we are owned by two local corporates: NTUC Enterprise Co-operative Ltd, the holding entity for all of NTUC’s businesses, and Providend Holding Pte Ltd, the holding company for Providend Ltd, Singapore’s first fee-only financial adviser and a retirement specialist serving the affluent market,” explains Chuin Ting Weber, CEO/CIO.

MoneyOwl is a comprehensive financial adviser with an end-to-end suite of services or practice areas. They range from comprehensive planning advice that incorporates national schemes like Central Provident Fund (CPF), insurance advisory, investment advisory, and digital will-writing service.

“One of our key services is Comprehensive Financial Planning (CFP),” Weber says, “a process where we review our customer’s current financial situation, set their financial goals, and develop a plan to achieve them. “It involves improving their cash flow standing, protecting their assets, growing their wealth for retirement and children’s education funding, and eventual passing of assets efficiently to their heirs.”

The Fullerton MoneyOwl WiseIncome is the advisory firm’s latest product, which was launched in March this year. It is a multi-asset unit trust incorporated in Singapore, as a sub-fund under the Fullerton Fund, co-designed by Fullerton Fund Management, a Temasek subsidiary and MoneyOwl. The fund aims to generate regular income and long-term capital appreciation for investors, Weber elaborates.

We sat down with Weber to talk about where people are putting their money, the kind of returns they are expecting, and the MoneyOwl way of financial planning.

Denne historien er fra September 2021-utgaven av PORTFOLIO Magazine.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra September 2021-utgaven av PORTFOLIO Magazine.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA PORTFOLIO MAGAZINESe alt
To Have And To Hold
PORTFOLIO Magazine

To Have And To Hold

Marquis QSquare has opened its major showroom at a new location in Marina Square.

time-read
1 min  |
December 2021
Meet Brenda Kang Of Revival Vintage Jewels
PORTFOLIO Magazine

Meet Brenda Kang Of Revival Vintage Jewels

Popular luxury labels reign supreme in Singapore, but when it comes to jewellery, attitudes are slowly changing, shares Brenda Kang of Revival Vintage Jewels. She reveals that jewellery lovers are unable to resist the charm of vintage and the allure of next generation jewellers.

time-read
6 mins  |
December 2021
A New Pony In Town
PORTFOLIO Magazine

A New Pony In Town

The Pagani Huayra R may well be a high-tech car disguised as a hypercar.

time-read
5 mins  |
December 2021
Modern And Luxurious Good Class Bungalow
PORTFOLIO Magazine

Modern And Luxurious Good Class Bungalow

Marquis HQO, together with veteran design consultant Patty Mak, come together to breathe life into this modern and luxurious good class bungalow

time-read
2 mins  |
December 2021
Bell & Ross's BR 05 -  It's Hip To Be Square
PORTFOLIO Magazine

Bell & Ross's BR 05 - It's Hip To Be Square

The playful shapes of the BR 05 has allowed Bell & Ross to create designs they can proudly call their own

time-read
2 mins  |
December 2021
The Lexus ES In Focus
PORTFOLIO Magazine

The Lexus ES In Focus

The numbers don’t lie: With a cumulative sales total of over 2.65 million units worldwide, the Lexus ES is a gamechanger in the Lexus range. What’s more, it enjoys the distinction of being the best-selling Lexus sedan in Singapore.

time-read
2 mins  |
December 2021
As Good As It Gets
PORTFOLIO Magazine

As Good As It Gets

As I’m writing this, Thanksgiving is just round the corner – in 10 days to be exact – and my Thanksgiving dinner plans are still up in the air. Do I take the risk and put in my dinner reservations and have a contingency takeaway dinner plan if Covid dining restrictions are still limited to two?

time-read
3 mins  |
December 2021
Festive Feasting For The Holidays
PORTFOLIO Magazine

Festive Feasting For The Holidays

Presenting some of the season’s most sumptuous delights, which can be enjoyed at home or at these top tables and hotels

time-read
3 mins  |
December 2021
BENDING TIME
PORTFOLIO Magazine

BENDING TIME

Nathan Yong’s collection of stone art titled ‘Farewell to Reason’ reflects the artist and designer’s search for irreverence, simplicity, and beauty

time-read
3 mins  |
December 2021
Restaurants And Chefs That Are Bringing All New Dining Experiences
PORTFOLIO Magazine

Restaurants And Chefs That Are Bringing All New Dining Experiences

A selection of familiar restaurants and chefs that are bringing all new dining experiences

time-read
3 mins  |
October 2021