Media

Wealth management in Singapore plays a vital role in helping high-net-worth individuals (HNWIs) protect and grow their wealth. For those with intricate financial portfolios, a wealth management service in Singapore offers personalized strategies and advice, tailored to meet unique goals and risk profiles. Beyond asset management, these services cover a broad range of financial needs, including estate planning, tax optimization, and investment guidance, all aimed at preserving and enhancing wealth in a dynamic financial environment.

At SIG Global, we distinguish ourselves by not directly managing assets, but by offering specialized services like the Global Investor Program (GIP) and Family Office (FO) solutions, which help high-net-worth clients with corporate structuring, immigration planning, and fund management services. By focusing on these areas, we bridge the gap between clients seeking to establish a presence in Singapore and financial institutions offering tailored financial solutions. With a network of top-tier banks and wealth management providers, we assist clients in connecting with the right partners to manage their wealth effectively.

This article presents an overview of nine prominent wealth management services in Singapore, outlining key features, minimum asset requirements, and their unique offerings to help guide you in selecting the right service for your financial goals.

1. HSBC Premier

HSBC Premier is a Singapore wealth management service by HSBC Bank for individuals with a minimum asset requirement of S$200,000. They also offer this to people after meeting specific criteria, such as a monthly salary or property loan.

Key features of HSBC Premier include:

• Zero remittance fees with HSBC’s Worldwide Transfer, allowing clients to transfer funds globally without additional charges.
• Access to the HSBC FinFit financial fitness tool, which provides personalized insights and recommendations to help clients manage their finances effectively.
• Bonus interest on HSBC Everyday Global Accounts, rewarding clients with higher interest rates on their savings.

2. DBS Treasures

DBS Treasures is a wealth management service designed for accredited investors with a minimum asset requirement of S$350,000. It provides exclusive tools and expert guidance for clients managing significant wealth.

Key features of DBS Treasures include:

• iWealth App – A digital platform for portfolio management, investment tracking, and market insights.
• Dedicated Relationship Manager – Clients receive personalized financial advice from a team of experts.
• Chief Investment Office Insights – Access to exclusive reports and strategies tailored for investors.

3. OCBC Premier Banking

OCBC Premier Banking offers wealth management solutions for clients with at least S$200,000 in fresh funds. It provides priority services and exclusive financial insights.

Key features of OCBC Premier Banking include:

• Clients get fast-track services at OCBC Premier Banking Centres.
• Access to expert financial advice and market analysis.
• Lower charges on selected transactions and services.

4. UOB Wealth Banking

UOB Wealth Banking caters to individuals with a minimum asset requirement of S$100,000. It provides personalized financial services and exclusive lifestyle privileges.

Key features of UOB Wealth Banking include:

• Priority Banking Services – Clients enjoy faster service and exclusive offers.
• Birthday Privileges – Special rewards and gifts for members.
• Seamless Transition – Existing UOB customers can easily upgrade to Wealth Banking.

5. Standard Chartered Priority Banking

Standard Chartered Priority Banking offers wealth management for clients with at least S$200,000 in combined deposits and investments. It provides personalized financial solutions and exclusive privileges.

Key features of Standard Chartered Priority Banking include:

• Premium Investment Opportunities – Access to exclusive investment products.
• Dedicated Relationship Manager – Personalized financial guidance from experts.
• Exclusive Lifestyle Invitations – Invitations to private events and networking opportunities.

6. RBC Wealth Management

RBC Wealth Management in Singapore serves high-net-worth clients with a minimum asset requirement of S$1 million. It offers customized financial planning and global investment strategies.

Key features of RBC Wealth Management include:

• Personalized Financial Planning – Tailored strategies for wealth preservation and growth.
• Comprehensive Investment Advice – Expert guidance on market opportunities.
• Global Network – International wealth management services and tax planning.

7. JPMorgan Private Bank

JPMorgan Private Bank provides bespoke wealth management for clients with at least S$5 million. It specializes in global investment opportunities and legacy planning.

Key features of JPMorgan Private Bank include:

• Customized financial solutions for HNWIs.
• Opportunities in international markets.
• Expert guidance for wealth transfer and preservation.

8. Barclays Private Bank

Barclays Private Bank offers wealth management solutions for individuals with a minimum asset requirement of S$2 million. It focuses on personalized strategies and global investment opportunities.

Key features of Barclays Private Bank include:

• Custom Wealth Strategies – Tailored financial solutions for clients.
• Global Advisory Services – Expert insights into international markets.
• Estate and Succession Planning – Structured plans for wealth transfer.

9. Credit Suisse Private Banking

Credit Suisse Private Banking provides comprehensive wealth management in Singapore for clients with at least S$2 million. It offers structured investment and estate planning solutions.

Key features of Credit Suisse Private Banking include:

• Wealth Structuring – Customized strategies for asset protection.
• Personalized Advisory Services – Expert guidance tailored to individual financial goals.
• Exclusive Investment Access – Opportunities in global markets.

Final Thoughts

Selecting the right wealth management service is crucial for achieving your financial objectives. Take the time to research and compare the services offered by different wealth management firms in Singapore. Determine which option resonates most with your financial goals and provides the level of personalization and expertise you require. By selecting the appropriate wealth manager, you can maximize the potential of your assets and secure a financially stable future.

At SIG Global, we help high-net-worth individuals navigate Singapore’s wealth management landscape with tailored corporate structuring, immigration planning, and fund management solutions. Whether you’re exploring the Global Investor Program or setting up a Family Office, our expertise ensures a seamless transition into Singapore’s financial ecosystem. Get in touch with us today and let us connect you with the right wealth management partners to secure and grow your assets.