anyone else top up / buy ?

all the markets seem up and up

when and if the time comes,...I may have to take the service of a wealth planner......
FSM does not provide personal service.

btw,...that article is a guide about how to construct a portfolio......not about them providing wealth planning service 

Private banking usually provides this service, but
1. recommendations may be biased,
2. choices of funds are limited.

You can avoid these issues by using an independent planner, but it may cost more.

read from some postings many months back....
I may be wrong in this....
looks like they will charge between "Free to 2%" for initial investment amount
then annually between "0.5% to 1%" of total value under mgmt.
the more money with them...the less % they will charge.
not known what is the min amount they will take...

Let me indulge you with my analogy:

Lets take an example of a Production Pharmacist working at Pharmaniaga producing a gastric tablet from the factory floor. He produces the finished goods from a collection of raw material.

Similarly a Fund Manager works in a Unit Trust Management Company (Fund House e.g., Public Mutual) to produce a fund. He produce the fund by buying into a series of stocks from the stock exchange.

Lets take an example of a Retail Pharmacist working for Caring Pharmacy selling the gastric tablet to you. He sells that tablet after listening to your medical problem and select the best available solution from his pharmacy.

Similarly a Wealth Manager aka Licensed Financial Planner works at a Licensed Financial Planning Firm. He selects the registered financial product to match your needs after hearing your financial matters and circumstances.

Xuzen

Make sure you have the right licensed. Independent wealth planner (actually the proper term is Licensed Financial Planner) is a regulated activity and you need to get the relevant licensed from BNM and SC.

Xuzen

what is the confusion?
Financial planner/wealth planner will not charge advisory fees and annual AUM fees?

this advisory fees is based on a % of money being monitored by the advisor? or based on flat rate?

Clients can be charged either sales charges, wrap/advisory or combination of the 2.

Sales charges are paid up front, and can be as high as 5.5%, depending on the fund and advisor. Switching and rebalancing will incur additional charges.

This is good for clients who strategy is buy and hold.

Wrap/advisory fees are charged based on the AUM. This is usually 1.5% annually. Fees are calculate and charged monthly. Switching and rebalancing, even between different fund houses, are free.

This is good for clients who switch often or run complicated strategies. Also, this puts the advisor and client interest aligned, and the advisor is incentivised to continue servicing the client.

Portfolio creation is charged separately, up RM1500, depending on complexity and requirements. Clients paying this fee have the right do their transactions elsewhere as the advice should be unbiased.

Hope this clarifies the situation.

amprecious metal...NOT my cup of tea 

both long term and short terms....
long term...not a trend liked for a long term investor....
short term....it is already jumped up 70% since 22 Jan 2016 till 23 June 2016...
will it go up?...yes... I think but only short term...just like what I think will happens to the stock markets.....they call it knee jerk reactions.

good option....17% in am precious : 83% in Bond....(80% defenders 20% attacking commandos)

but some people would say t is a waste of opportunity, for not taking FULL opportunity if one were to know that the potential outcome for upside is greater than downside
with just 17%...if the ROI is 10% up...it just add 1.7%  in the ROI of the portfolio 

What bond funds are u into?

Just hope that my FMs did nit falls for that.

Yeaah....just like the stories of skim cepat kaya....

Yes...and many people are still buying and seeking to buy that "storybook" daily.
Like i said...hope that my FMs don't but keep selling it

Some are mandated by the funds. .he got no choice....ex...during y2k...tech stocks are too high valued....fm of tech funds hv to keep on investing...till it burst.......

During that time...most other asset class also kena....dotcom, lehnan, asian f crisis., etc...risk is alway there....we just don't know when it will strike....if you stayed too long on the side lines.....one may not make much....