Just sharing too, there was an interview of the Wealth Management Lead of BPI I think. Their definition of a high net worth individual is a person with at least 1 million dollars of net investable income (so around 50+ million pesos over his/her house and vehicles or other assets that they use or are not investable at the moment. Seems so hard to meet 😔
Great analysis, thank you! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
In the US, I was told the industry minimum requirement to have a Financial Advisor manage your money is $1 million. For Philippines, I saw a major bank post the minimum is P25 million. For me, the milestone is that having a Financial Advisor frees you up from the stress of making money. You no longer need to watch the market and second guess yourself. I like to say their job is to make me money so I dont have to. Thats cool if all you need is P10 million to be professionally managed but what is the average or expected ROI ?
Last 2020. I spoke with a CFP ang minimum is around 200k. Iba iba ang requirements ng mga financial advisor. they charge higher percentage Fee for low amount of Asset Under Management(AUM). The fees goes down when your AUM goes up.
Just sharing too, there was an interview of the Wealth Management Lead of BPI I think. Their definition of a high net worth individual is a person with at least 1 million dollars of net investable income (so around 50+ million pesos over his/her house and vehicles or other assets that they use or are not investable at the moment. Seems so hard to meet 😔
You can do it
@@stocksmarts_ did you achieve it?
High assets are your savings ,
And investments.
at 33 with 7m mix asset and cash and investment is that okay?
Great analysis, thank you! I need some advice: I have a SafePal wallet with USDT, and I have the seed phrase. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What's the best way to send them to Binance?
In the US, I was told the industry minimum requirement to have a Financial Advisor manage your money is $1 million. For Philippines, I saw a major bank post the minimum is P25 million. For me, the milestone is that having a Financial Advisor frees you up from the stress of making money. You no longer need to watch the market and second guess yourself. I like to say their job is to make me money so I dont have to. Thats cool if all you need is P10 million to be professionally managed but what is the average or expected ROI ?
Yes we agree, the ROI matters as well.
Last 2020. I spoke with a CFP ang minimum is around 200k. Iba iba ang requirements ng mga financial advisor. they charge higher percentage Fee for low amount of Asset Under Management(AUM). The fees goes down when your AUM goes up.
I hope more of our people watch these videos. Kasi i think they are more concerned with looking rich than actually being wealthy.
Hopefully!!
Hi. I hope you can add a content about creating Trust (benefits, cons, costs,steps). Thanks.
We have coming!
Ok na po ba yung 10M that gives 12% annually as passive income?
What asset?
FIAT mindset.
Asset minus liability
Net worth!
Almost there 1 more year
Go for it
*_bUTI NA LANG ME 10m AKO, YESSSS_*
In your wet dream!
Kala ko si trillianes😂
Look a like?