Tuesday, June 22, 2010

Impartial financial advice

Dear Mr. Tan,
Is there any independent financial firm that provides:
a. product neutrality
b. financial planner measured NOT by financial product sales revenue

I would like to be a true financial planner where I can advice my clients base on what I think is right for them rather than being influenced by:
a. product commissions
b. management pushing for sales numbers for a certain product
c. management pushing for overall sales numbers

Thank you for much! I am a newbie in financial sector and trying to break into it.
Richard

REPLY
There are a few independent financial firms. You have to meet and talk to them. I do not know whether they are target driven or focused on giving impartial advice.  You can try to talk to (names removed).