Virtual holding companies are wholly-100% owned legal entities in safe and secure countries like Singapore. They usually own assets, such as financial assets like stocks and shares, intangible assets like IP, crypto or selling rights, Physical assets like inventory or real estate. The owners for such holding companies can be located anywhere in the world, hence they own the assets under the holding companies outright. The benefits for doing this are to capture tax-efficiencies and leverage the safe and transparent environments of Singapore.
Our holding companies are generally already-created for them, complete with all the bank accounts, compliance, governance, statutory appointments, accounting functions, so that the holding company is entirely legally compliant and a functioning business. What they (clients) do is simply to bring their assets into the holding company, then they enjoy the tax-efficiencies, safety, security etc that Singapore offers.
We function similarly to financial institutions or insurance companies, as we distribute our “holding company plans” through advisors like yourself, who own the relationships with your clients, and ensure they maintain their company plans for years to come. So your role is to keep them satisfied and happy, answer any queries and try to fulfill their financial and professional ambitions, supported by us. You work directly with the local resident director appointed to any holding companies we create, so each holding company can have different resident directors (>1) and you simply work with them to upsell to your clients.
Skill Requirements
Good technical knowledge of services they sell
Good understanding of digital soft skills
Good communication skills, writes fluent and grammatically correct English
Good problem-solving skills so as to provide solutions to close a client
Relentless, unwavering, persuasive and convincing digitally
Duties/Responsibilities
Proactively learn the reasons for holding companies and why they will benefit local economies
Set targets for sales closures
Implement outreach campaigns and messaging campaigns based on target markets and service lines
Execute targeted marketing plans for each client segment based on their specific problems and needs
Initiate and maintain relationships with prospective clients by providing ongoing support and consultation about our services
Present our services online through various digital channels, including LinkedIn, fb, Instagram, forms, groups and email newsletters
Organise webinars, seminars, conference for marketing staff to attend to meet with prospects
Create new opportunities for growth by identifying new markets and potential client segments that could benefit from our services
Measure effectiveness of messaging campaigns by tracking data such as messages sent, number replied, number of appointments scheduled and conversion rates
Recommend changes to existing services based on input from clients
Resolve any issues that may arise during the process of completing a sale
Provide sales support service to clients by answering questions about services offered
Benefits
You are paid a percentage (up to 30%) of the premium that the clients pay us.
Each premium amount is different as each client has different circumstances which we take into consideration
Your fees also recur, as you are paid a similar rate on a yearly basis
That is until they close the holding company or until you sell the rights to manage the holding companies to someone else. Note that the rates are not small, as our premiums can be anywhere from USD 3,000 to USD 30,000 and even more on a yearly basis. So the more wealthy clients you have onboarded then the more fees you get.
We also offer retainers for our best advisors
Moreover there are upsell opportunities as your clients may move from lower plans to higher plans and hence your fees increase as well. So the sky’s the limit for you, there is no cap to fees you can make.