FAQ

How does Essence Wealth Advisory differ from banks and other asset management firms?

As an independent advisory, we are not biased with any products which means we are able to put our clients first. The qualification and passion of our financial planners also set us apart – we are able offer our expertise and experience from senior management positions in big banks to our clients with a small-firm personalised approach.

Are you accredited by any governing bodies?

Yes, all our senior planners hold Investment Planner licenses from the Thai Financial Planners Association (TFPA), a non-profit regulatory organisation under the Ministry of Commerce. We also have a Certified Financial Planner (CFP®) external advisor who provides counsel to our planners.

What types of investment do you utilise?

We utilise mainly mutual funds, with some added alternative investments including real estate to diversify client portfolios.

What are your fees?

There is a one-time fee to draw up a comprehensive financial plan. This fee, however, is waived should clients decide to follow through with the plan and buy products through us.

Legal fees are billed directly by our legal partner.

What is the ideal minimum liquid investable asset to engage the services of Essence Wealth Advisory?

There is no minimum. We believe that everyone, regardless of their current age or financial situation, can benefit from wealth planning.

How often will you review my portfolio?

We constantly monitor our client portfolios. We have a thorough review at least one a year, and upon request.

Will I be consulted before any trade is made in my account?

Yes, if requested.

Will I be able to continue using the services of my personal attorney instead of engaging Essence Wealth Advisory’s legal partner?

We are more than happy to work with our client’s personal legal representatives.

What is the contract length with Essence Wealth Advisory? In unforeseen events, will there be punishment for termination?

There is no contract length – our financial planning assistance can be as short- or long-termed as our clients require.

What should I expect in our first meeting?

The first meeting is to get to know each other. Together, we identify your financial goals, and collect basic data on your current financial situation – including assets, cash flow, tax liabilities – so we can draw up an optimal financial plan going forward.