Singapore is one of the leading private banking and wealth management centers in Asia and the world. Most high-net-worth individuals choose Singapore thanks to its sound financial regulation, political and economic stability, and strong rule of law.
Financial institutions allow them access to the regional financial markets and global markets while providing wealth management services such as private banking services and investment solutions that meet their needs.
Wealth management in Singapore took off in 1994. Since then, the Singapore government, through the MAS, has taken vital steps to introduce reforms that encourage the growth of Singapore as a financial center in the global market.
There are many wealth management firms to choose from in Singapore. Here is a look at the top 10 wealth management companies you can choose from in Singapore.
At a Glance: Best Wealth Management Firms in Singapore
Company | Best for |
UBS | Best overall wealth management company |
Aberdeen Standard Life | Best for your money investments |
State Street Global Advisors | Best for corporations, businesses, and associations |
Fidelity Investments | Best for brokerage, mutual funds management, and retirement services |
DBS Bank | Best for private clients |
UOB Asset Management | Best for locals looking to grow their investments rapidly |
Vanguard Group | Best for counsel in asset financing |
Black Rock Investment Management | The best for risk management is assets |
Lion Global Investors | Best for local clients |
Bordier & Cie | Most banking experience |
1. UBS: Best Overall Wealth Management Company
UBS is an international wealth management company offering various wealth management services. It has its headquarters in Switzerland and an excellent reputation for offering bank-client secrecy. It is your preferred investment partner if you are looking for a world-class management firm.
The firm features a diverse global heritage, and it delivers customized solutions to help you meet your needs. It has different clients, including financial institutions, endowments, and pension funds.
Highlights
- A variety of money management solutions.
- Stellar innovation solutions for wealth management services.
- The firm offers confidentiality for the clients.
Contact Info
- Website:
- Phone:
- +65 6495 8000
- Address:
- One Raffles Quay #50-01, North Tower, Singapore 048583
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“I was with UBS for two years. Fast-paced but rewarding salary. Everyone is nice, efficient, and respectful. I would work there again if the proper opportunity comes.” Manager (Former Employee)
“low pay, low bonus, no work-life balance micromanagement join at your own risk if u dm the low pay package for huge workload burn weekend, but this depends on dept” Analyst (Current Employee).
2. Aberdeen Standard Life: Best for Your Money Investments
Aberdeen Standard Life is one of the leading wealth management firms in Singapore. It is a multinational company with its headquarters in Singapore. The financial professionals from the company will help you meet your financial goals with their money investment services.
The company has a large client base both locally and internationally. It offers various asset financing solutions and aims to help clients make the most informed investment decisions.
Highlights
- Great money-investing reputation.
- A range of asset financing solutions.
- Innovative investment solutions for their clients.
Contact Info
- Website:
- Phone:
- +65 6395 2700
- Address:
- 21 Church Street, #01-01 Capital Square Two, Singapore 049480
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“Great time, good ideas, sometimes a little slow to implement change. Sometimes lacking executive steer and buy-in. Lip service often paid without action/funding.” Service Transition Manager (Former Employee)
“They know the business well yet struggle to integrate contemporary voices and insights… Compliance vectors and tradition limit the rate of embracing the future, i.e., ESG & Sustainability or blockchain advances.” Senior Content Strategist (Current Employee).
3. State Street Global Advisors: Best for Corporations, Businesses, and Associations
State Street Global Advisors is one of Singapore’s top wealth management companies. The firm will offer you exceptional investment services by creating various investment strategies. State Street Global serves large clients, including corporations, businesses, and associations.
The company has created an excellent reputation for its services and offers reliable investment services for your money. State Street Global employs different investment methods to diversify your investment portfolio.
Highlights
- The company has a large client base.
- Offers reliable financial services.
- Offers clients a variety of financial planning strategies.
- Offer insights to potential investors on the investment climate in Singapore.
Contact Info
- Website:
- Phone:
- +65 6826 7500
- Address:
- 168 Robinson Rd, Capital Tower, Singapore 068912
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“If you like Finance, IT, and client servicing, this is the right job. If not, stick it to the bread and butter finance roles.” Officer – Foreign Exchange Client Service
“Staff benefits are great, good workplace culture with many events such as Krav maga, tiramisu making workshop, paintball event, easter hunt, etc. Learned a lot about how a custodian bank works.” Fund Accountant (Former Employee).
4. Fidelity Investments: Best for Brokerage, Mutual Funds Management, and Retirement Services
Fidelity is one of the largest asset management companies in Singapore. Its headquarters are in Massachusetts, offering different financial assets solutions, including mutual funds management, brokerage, investment services, and retirement services.
Highlights
- Offers solid financial services.
- Offers retirement services, mutual funds management, and investment services.
- Offers investment advice to clients.
Contact Info
- Website:
- Phone:
- +65 6239 9999
- Address:
- 8 Marina View #35-06 Asia Square Tower 1 Singapore (018960)
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“A typical day at work would be answering a phone since the job was being an operator.” Corporate Switchboard Operator/Remote.
“The company is quite dynamic. Whilst I consider it a large and steady ship, it has been nimble in responding to market conditions.” Head of Wholesale Business.
5. DBS Bank: Best for Private Clients
Also known as the Development Bank of Singapore, DBS is an established wealth management company ins Singapore. The company offers exemplary services in the wealth division, designing investment solutions that fit your investment needs.
DBS private clients are offered different solutions for their assets for safety reasons. The firm was ranked 5th in asset management among Asian banks in 2016. DBS continually enhances its services, providing an iWealth Platform that allows you to access a wide range of information from anywhere in the world.
Highlights
- DSB has a wealth portal for clients to access different services.
- It is among the safest banks in Asia.
- Offers exceptional wealth management services.
Contact Info
- Website:
- Phone:
- +65 6327 2265
- Address:
- Blk 712A Ang Mo Kio Avenue 6 #01-4066 Singapore 560712
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“Developers are valued. Work-life balance is good—awesome ambience in the office. Health insurance and i-flex benefits are the best. Free Cab facility is available” Analyst (Current Employee)
“There is No Work-Life balance: excellent salary and other benefits. A lot of leaves are present in their policies. A cab facility is provided to all employees.” Analyst (Current Employee).
6. UOB Asset Management: Best for Local Looking to Rapidly Grow Their Investments
Founded in 1985 as United Overseas Bank, UOB Asset Management offers different asset financial solutions. The bank manages over $20 billion in assets and ranks high compared to other asset management firms in Singapore.
UOB Asset Management services are designed for locals who want to grow their investment fast. It is also among the best private banks in South East Asia.
Highlights
- Highly credible.
- Offers the best asset management services for locals.
- Focuses on service delivery to the customers.
Contact Info
- Website:
- Phone:
- +66 6532 7988
- Address:
- 80 Raffles Place #03-00, 2 UOB Plaza, Singapore 048624
- Operating Hours:
- Weekdays: 9.00 am to 6.00 pm
Reviews
“Found the true trader after losing $20,000 in 3 months with different brokers. You lose; they offer strategies, analysis, signals, and mentoring. But with Craig Connor, you win after a week.” Christine J. Radel
“UOB Jem, staff Yap Chen Chen very helpful and patience, help me resolve my banking issues.” Doris Yeoh.
7. Vanguard Group: Best for Counsel in Asset Financing
Vanguard Group is one of the best investment advisory firms in the world. Established in 1975, the company offers professional advisory in asset financing in Singapore. The firm has built a solid reputation over time and has reliable asset management.
Highlights
- Reliable asset management services.
- Variety of asset financing services.
- Provides asset financing counsel.
Contact Info
- Website:
- Phone:
- +65 6311 9845
- Address:
- Commerce Point 3 Philip Street #07-01 Singapore 048693
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“excessive background processes from a 3rd party. Hybrid training and prep for SIE exam before hire but pressed to past before hiring. also had a very different hiring experience.” Retirement Specialist (Current Employee).
“This company always change their rule, like changing clothes. So many politicians are going on like a Mindef office Pulau tekong style. We are human, not a machine to be pushed around and handle many jobs at once.” Therapy aide (Current Employee).
8. Black Rock Investment Management: Best for Risk Management of Assets
Black Rock Management is one of the best wealth management services offered in Singapore. Based in New York, the company manages around S5.1 trillion in assets. It is a reliable and solid company initially founded for risk management in assets. It has gradually grown to offer asset management services all over the world.
Highlights
- Experienced firm in asset management.
- Over $5.1 trillion under management.
- A reliable wealth management firm.
Contact Info
- Website:
- Phone:
- +65 6411 3000
- Address:
- 8 Marina View, Asia Square Tower 1, Singapore 018960
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“Good Exposure to Technology. Good Conducive environment to work. Good management and work culture. Independent freedom to take decisions and implement the same.” Data Analyst (Former Employee).
“Attitude besides work experience is important. In BlackRock, fitting into the culture will equate to the length of your stay.” Admin Assistant (Current Employee).
9. Lion Global Investors: Best for Local Clients
Founded in 2005, Lion Global also makes it to the list as one of Singapore’s largest asset management companies. It has a significant asset of over $30 billion under its management. Chinese Banking Corporation Limited, a bank in Singapore, established the firm.
The firm appeals to most local clients, and they have specially curated services that fit local needs. With deep roots in the Asian market, the company offers reliable investment services to its customer base.
Highlights
- Services designed to fit the needs of the local clients.
- Currently manages over $30 billion in assets.
- The firm offers innovative investment solutions.
Contact Info
- Website:
- Phone:
- +65 64176 800
- Address:
- 65 Chulia St, OCBC Centre, Singapore 049513
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“Great corporate culture with strong systems in place. However, we should upgrade some technology infrastructure to increase productivity.” Intern
“At par industry in pay and most of the things depend on team or manager you are working with. Overall good in culture, technology, and benefits, definitely good to start a career.” Software Analyst (Former Employee).
10. Bordier & Cie: Most Banking Experience
Established in 1844, Bordier & Cie is a reliable asset management service that focuses on offering banking and wealth management services. It has an excellent reputation for managing personal finances. With over 170 years of experience in banking and wealth management, it is one of the best choices for the quality financial services sector.
Highlights
- Has a solid base in the Singapore market.
- Over 170 years of experience in asset management.
- Exceptional management in individual finances.
Contact Info
- Website:
- Phone:
- +65 6239 9999
- Address:
- Capital Green #14-00 138 Market Street Singapore 048946
- Operating Hours:
- Weekdays 9.00 am to 6.00 pm
Reviews
“Good friendly team and some good experiences. Sometimes work is repetitive and not that interesting.” Former Employee.
“dynamic, very innovative, and good quality private bank.” Trader in Geneva
Closing
The choice of your ideal investment firm will depend on your prospects and plans. Before settling for any wealth management firm, ensure that you do extensive research before investing. Make sure you know the company very well before doing business with them.
Key Takeaways
- UBS is the best overall wealth management company.
- Singapore is the number one financial center globally.
- Fidelity investments offer brokerage, mutual fund management, retirement, and investment services.
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