Independent wealth management in Singapore still accounts for less than 10% of the market, which depending on how you look at it, reflects both how far the sector has come and how much runway remains.
Our CEO Stephen Davies and Partner and Managing Director Polka Mishra were recently featured in Finance Magnates, sharing their perspectives on what is driving growth in the sector and where the gaps still are.
✅Younger inheritors are starting to ask harder questions about how their money is being managed and whose interests their adviser is actually serving.
✅That shift in mindset is gradually expanding the pool of clients who seek out genuinely independent advice.
✅More clients are also beginning to separate their banking relationships from their wealth management, something that has historically been less common in Asia.
Read the full article here: https://www.financemagnates.com/institutional-forex/singapore-independent-wealth-sector-has-just-5-market-share-but-vast-room-for-growth/