I just arrived at my next destination. I’m still thinking about the days in Singapore, especially the energy among independent wealth managers (IWM).
I’m unsure how others perceive it, but IWMs in Singapore have always struck me as focused and calm. Maybe it’s the steady 30 degrees, the reliably good weather (compared to Switzerland), or the quiet confidence of a market that sees growth ahead.
Here’s what stood out:
👉 The IWM space is alive – new players, ideas, a sense of motion.
👉 Teams are international, tech-savvy, and rethink client service: agile, digital, still highly personal.
👉 Regulation? Demanding but pragmatic. Authorities want the sector to grow. Still, the compliance corset is tightening here, too.
Compared to Switzerland?
Switzerland remains a reference. But room to manoeuvre is narrowing.
Singapore in 2025 feels looser, more flexible, and sometimes improvised—but in a way that opens space for innovation.
And a key difference: IWMs in Singapore don’t just talk about “NextGen“—they are the NextGen—more global, entrepreneurial, and mobile.
That said, even here, the succession topic will surface over time.
And the mood in Singapore 2025?
Competition exists—but it’s respectful. Everyone seems to know that the new wealth-generating market in Asia is big enough if you bring value.
In Europe? Feels more like a redistribution game.
Source: Linkedin