Short, Authoritative, Useful eBooks
Short, Authoritative, Useful eBooks
$4
‘Learn About Wealth By Design in 40 Minutes’ by James Yeow offers a structured and comprehensive approach to understanding wealth management. It introduces the concept of ‘Wealth by Design’, the idea that individuals can take control of their financial futures by planning their wealth across five key dimensions: Wealth Protection, Wealth Preservation, Wealth Accumulation and Growth, Wealth Distribution, and Wealth Creation.
The book emphasises that building and securing wealth is not accidental but requires careful planning and discipline. It explores strategies for protecting wealth from unexpected events (like medical emergencies), growing wealth through smart investments, and preserving it for future generations. It also highlights the importance of distributing wealth according to one’s wishes through estate planning and creating a long-lasting legacy through philanthropy and multi-generational wealth planning.
Through detailed explanations and real-world examples, the author provides a clear roadmap for achieving financial security, managing business risks, and leaving a meaningful legacy for future generations.
‘Wealth by Design’ is the radical idea that you have the power to dictate the quality of your life by devising your wealth.
Most people think they have little to no control over how they can amass wealth. The unfortunate truth is that most people have not put in much thought about what they want let alone how they are going to achieve it.
Let’s begin with the common dream of becoming a millionaire. The factors that separate those who achieve this dream and those that do not are 1) the values of self-discipline, focus, and consistent action, and 2) the actions of saving and investing.
The actions of saving and investing translate into strategically planning, managing, and adjusting one’s financial resources across five key themes or dimensions (protection, preservation, accumulation and growth, distribution, and creation of wealth) that matter or rise or fall in relative importance depending on your stage of life, your circumstances, the amount of wealth you have, and your goals.
That’s a mouthful (hence the long subtitle of the book) and needs to be thoroughly explained before we can even come to the five themes mentioned.
James Yeow is a wealth-advisory professional. He began his career a day after turning 21, has only ever had one career, and now has accumulated over two decades of broad and deep experience in the wealth-services industry.
James has made it his life mission to safeguard families from financial uncertainty through expert, bespoke, comprehensive wealth guidance. He offers tailored strategies that not only protect but also preserve, grow, distribute, and create wealth over generations, ensuring clients enjoy the ultimate luxury: financial security and peace of mind for their descendants.
As a Chartered Financial Consultant and Certified High-Net-Worth Adviser since 2003, he offers elite financial services crafted for the unique needs of high-net-worth individuals. His expertise in legacy planning, focusing on amplifying estates and facilitating seamless cross-border wealth transfer, makes him only a small number of such practitioners in Singapore.
As a Certified Family Office Practitioner, he delivers bespoke strategies that not only preserve but also enhance wealth across generations. He is now expanding his services to an international clientele, leveraging his extensive experience in legacy planning and global wealth management to provide solutions on a global scale.
James is extremely passionate about shaping minds and elevating standards and capabilities within the industry. Since 2016, he has dedicated himself to elevating the careers of financial advisers through bespoke coaching, specializing in breakthrough sales strategies and premium lead-generation techniques. As a trainer, he has imparted his deep knowledge to financial consultants across various companies, teaching them about advanced prospecting, objection handling, and personal branding. His commitment to training is evident from the over 20 sessions, ranging from intensive boot camps to in-depth workshops, he has led.
His main focus today is on ‘Adviser Cards’, a system he has crafted to educate clients on wealth matters in a comprehensive, structured, and impactful manner. Adviser Cards features the Wealth Pyramid (the subject of this eBook): a 360-degree view of wealth categorised by five angles or dimensions: Wealth Protection, Wealth Preservation, Wealth Accumulation and Growth, Wealth Distribution, and Wealth Creation. Adviser Cards is also available as an immersive training program that has been adopted by over 50 elite advisers. These professionals have not only achieved exceptional results but have also experienced a renewed sense of satisfaction in their careers.
James has achieved membership of the Million-Dollar Round Table (MDRT) in 2004, 2005, 2006, and 2019. In 2020, he was honoured to be shortlisted for the ‘Financial Adviser of the Year’ award at the 5th Asia Trusted Life Agents & Advisers Awards, a testament to his commitment and professional excellence. All his business comes from referrals (mostly from Business Network International) and networking.
He currently serves as a Branch Director at Finexis Advisory Pte Ltd, a position he has had since 2017. In this role, he has managed the recruitment of multiple managers and financial consultants, significantly bolstering the firm’s capabilities.