Money is amoral, but the way we use it reveals our values.
In a world fraught with uncertainty, chances are you are here today because something has prompted you to seek financial planning advice. We applaud you. Because many of us struggle to accept being still in areas we are powerless to change, while being faithful in areas we have responsibility to act.
But we must warn you of the perilous road ahead.
We live in a world where fear and greed insidiously dominate thoughts and actions. As a result, our best aspirations are easily corrupted by trending, well-intended mainstream advice.
The vast majority of us will likely identify financial independence as a goal. In our minds, it means being able to provide for ourselves, avoiding the need to rely on government handouts, income from our jobs, or even our children. It inevitably involves building a passive income stream to meet our needs.
And while the goal of financial independence is worthy, it has an inherent problem – just how much is enough for financial independence?
Regardless of your number, wouldn’t you rather have more than less? And justifiably so since a myriad of disruptions could derail your calculations. Quite unwittingly, you’ve just launched yourselves in pursuit of abundance. In its pursuit, your character will be tested. If financial independence is your goal, there will never be enough.
Most will be swept away by the norms of wealth accumulation to maximise returns, while some will advocate ethical and righteous choices never quite matching it in their personal choices. Beyond the test of character, the risks of losses are real, even palpable. A sense of anxiety and fear sets in, and if unchecked, becomes a fertile crucible for selfishness and stinginess to fester and flourish.
Only then do we realise how our pursuit of financial independence has truly impoverished us.
But there is an alternative.
All of us eventually die, and everything we own will be left behind. Whatever wealth and possessions in our name will go to someone else. Functionally then, we are really only custodians or stewards of what we currently possess. Since only God is immortal, He owns it all.
This requires us to place everything we own in His hands and to understand how He would want them used. Beyond providing for our needs and that of our dependents, it will include purposes that serve others.
Willingly accepting this requires surrendering what we have and shifting the focus away from our plans alone. Implicit to this is the choice we make to be content with what we already have, thus being freed from the fears and anxiety of not being able to control and accumulate enough.
With this intrinsic reality, it becomes possible to experience peace as we place our faith in God’s plans for us – even to the point of becoming generous with what we have.
True, we don’t arrive at this point in one deft move. This transformational journey takes time as we grow in our faith and understanding of how God works.
This journey is what we embark on with you.
As you have likely gathered, we look at your finances differently here in LPA. We believe that our clients should make retirement part of their plans – not the Plan.
So rather than sell you a profitable financial product, we journey with you with the hope you will grow to become financially free. Becoming financially free means that you are not bound by preoccupations that distract from becoming the best version of yourself. This encompasses using all your gifts, talents, experiences, education, family upbringing, and more together in such a way that your life is well lived and fulfilled.
You can count on us during important milestones and unexpected crises. While working through the detail, we never lose sight of the overall goal of personal transformation that yields timeless returns.
Finally, because life’s most crucial lessons are often caught and not taught, we advocate intentionally crafting a legacy plan involving your children. These plans safeguard against a poor attitude towards money and cultivate compassion and generosity so crucial to the privilege of provision.
“We value LPA’s Christian-based approach in managing financial resources. They have encouraged us to take a long-term view in planning investment decisions so as to build a broad base to secure future income.
Because of them, we are reminded to view wealth accumulation as faithful and responsible stewards, using what we can afford to invest for the future, and not be driven by quick gains. My husband and I appreciate how their partnership with us has been supported by good processes as well as steadfast efforts to build a relationship based on trust and common values.”
– Mabel Seah
“I was referred to LPA’s services by a relative and was pleasantly surprised with the way they responded and helped me with my financial situation.
They were very genuine and sincere in their approach, making recommendations that were best aligned to my needs at that point of time. With their help, I secured a substantial payout from an insurance plan which had lapsed and considered a write-off. That came about after their professional analysis and liaison with the insurer to ensure a favorable outcome for me. Very thankful for their continuous support!”
– Michelle Koh
“For nearly two decades, LPA has advised me on my financial planning needs.
I like their approach to good solid long term investing in selected equities and bonds– identifying and shortlisting good quality companies with strong balance sheets, healthy cash flows, low to comfortable borrowings, a good management team with long term track record.
This usually translates to consistent performance and attractive dividends, opportunities for growth with lower risk threshold and often with attractive net valuations (which has the potential over time to unlock and realize value as appropriate).
Key to empowering LPA to do all the legwork for analysis with regular updates and recommendations has reduced my risk of losses and over many years this has enabled me to enjoy a range of positive financial returns. Over the years my portfolio with LPA has performed satisfactorily and to my personal expectations.
More importantly, the work of LPA which includes life and medical insurance protection and legacy matters has helped to give me peace of mind and allowed me the financial freedom to make a wide range of choices for many years as well as how I wish to spend the rest of my retirement years.”
– Terence Tan, Retired GM of MNC
“Winston and his team have been advising us on our finances and investments since 2012. We have found him and his team to be knowledgeable, consistently demonstrating strong levels of expertise which draws on considerable successful experience.
Everyone at LPA evidence high ethical standards. We trust them and the way they work. They are very responsive to our queries and requests, deploying technology to facilitate their service. Their advice is tailored to our individual needs, and is given with clarity and patience.
We highly recommend the services of LPA.”
– Brian Harrop & Eileen Harrop-Chew
“I am grateful for the great advice and guidance both Winston and Hong Ngee have separately helped me with through the past many years.
Their individual professionalism has had a tremendous impact in effectively managing the wealth and risk aspects of my life. Having them both come together in LPA is a great synergistic step. As a client, it represents a huge value-added move to service me with an expanded team of professionals within a strong organisation that is well led with a clear purpose that has my interest at heart.”
– Ronnie Tan – President, FranklinCovey Singapore