SingCapital Expands Beyond 20-Year Advisory Model as CEO Sees Bigger Role for Independent Wealth Advice
Updated
Updated · Hubbis · Aug 20
SingCapital Expands Beyond 20-Year Advisory Model as CEO Sees Bigger Role for Independent Wealth Advice
1 articles · Updated · Hubbis · Aug 20
Summary
Singapore-based SingCapital is broadening its advisory business from retail protection and retirement planning into estate planning, financing, property strategy and family office-related work for HNW and UHNW clients.
Alfred Chia said demand is being driven by two fronts: retirement adequacy concerns among the general population and more complex cross-border, tax and structuring needs among internationally mobile wealthy families.
Independent advisers now have access to capabilities once associated mainly with private banks, including structured products, margin financing, premium financing and multicurrency services, allowing SingCapital to pitch itself as provider-neutral.
Three priorities now shape the firm’s next phase: raising professional standards, adding wealth-management capabilities such as EAM and DPM, and using AI to improve productivity without replacing human judgement and emotional support.
Chia said the sector, regulated under Singapore’s Financial Advisers Act since 2002, still needs deeper technical expertise and younger entrants if independent advice is to become a bigger pillar of Singapore wealth management.