At the 2025 Guandian Roundtable held in Hong Kong, Steffanie Yuen, Head of Hong Kong at Endowus, highlighted the need to move away from commission-based sales models in wealth management. Traditional fee structures in Hong Kong, Singapore, and China often create potential conflicts of interest that do not align with client goals. Instead, she encourages a client-centric, fee-based advisory model, where advisors recommend products solely based on clients’ needs and preferences, without receiving commissions or subscription fees, ensuring unbiased advice and alignment with investors’ best interests.