Top 10 Financial Advisors in Singapore [2022] (2023)

2020 was a difficult year in every way. Volatile financial markets are putting pressure on the economic landscape, resulting in dramatic budget cuts and large store closings. The events are a powerful reminder to people to manage their finances smarter, but not everyone has the knowledge to tackle this big task on their own.

First, let's explain exactly what a financial advisor does – and why they are absolutely essential to your financial planning.

With a financial advisor, you can develop long-term plans to eliminate financial risk and build wealth. They give you a roadmap to the game that puts you on track to reach your financial goals.

A company must have a Financial Advisor (FA) license to provide financial advisory services that come under the financial advisors. All financial planners come from different backgrounds and offer a wide range of services from life protection, critical illness protection to employee benefits.

Read on for our pick of the best financial advisors who excel in high-quality, reliable and independent financial advice.

1.JS tip

Top 10 Financial Advisors in Singapore [2022] (1)

Founded in 1997,JS tipconsists of a group of people with different backgrounds and entrepreneurial mindsets. Combined with their rich personal experiences, these characteristics have resulted in a team of experienced advisors with an unparalleled understanding of clients' changing financial circumstances. Thus, they are able to provide highly relevant information and recommend suitable services or products to help clients achieve their financial goals.

JS Advisory believes in forging relationships with its clients based on trust and cooperation. Therefore, they prioritize the needs of customers and act in their best interest to create a win-win situation in all transactions. Obviously, their efforts have not gone unnoticed: the company has built a loyal clientele over the years that easily attest to their impeccable reputation.

Better times

  • Over two decades of expertise
  • Experienced financial advisors with diverse backgrounds
  • Long-term relationships based on trust and cooperation
Social pageFacebook|Instagram
Address371 Alexandra Road # 04-03 Singapore 159963
Contact+65 6373 5730 |
Office hoursOpen 24 hours a day

2.Global financial advisors

Top 10 Financial Advisors in Singapore [2022] (2)

Global Financial Consultants was first established in Australia by Bruce Barron and Ian McMahon, but has since relocated to Singapore in 2003. The team draws on over two decades of expertise and offers a complementary strategy that includes international asset management and advisory products . Each strategy aims to be the ultimate financial solution for individual clients as it is tailored to their personal needs and preferences.

Global Financial Consultants works closely with its clients, creating a comprehensive financial security plan, which they regularly review and update. They strive to build trust with clients - both for their extensive range of services and for their steady increase in net worth.

Better times

  • Over two decades of expertise
  • Customized financial strategies
  • Combination of international asset management and advisory products
Address14 Robinson Road Far East Finance Building #10-01 Singapore 048545
Contact+65 6532 2711
Office hours09:00 – 17:00 (MA-VR)
8.30 am – 1.30 p.m. (z)
Closed on Sundays

3.IPPFinancialAdvisors Pte Ltd

Top 10 Financial Advisors in Singapore [2022] (3)

IPPFinancialAdvisers Pte Ltd was established in 1983 and is one of the only independent licensed financial advisers in Singapore. As such, they have a competitive advantage in terms of access to a full library of regulated financial products and platforms.

The group has several divisions for targeted services. The Expat Advisory Group is particularly focused on helping international clients and expatriates capitalize on investment opportunities in Singapore. However, both local and foreign investors can benefit from its multi-currency services, which include proactive wealth management solutions and mortgages for cross-border asset allocation. It is also extremely useful for dealing with taxes on a global scale.

Better times

  • Trusted and widely recognized financial group
  • Multi-currency services
  • Efficient tax solutions
Address78 Shenton Way, Singapore 079120
Contact+65 9320 9737
+65 6511 8805
Office hours8.30 am - 6.30 p.m. (Mon. - Fri.)


Top 10 Financial Advisors in Singapore [2022] (4)

True to its name, Synergy highlights a streamlined asset management process aimed at maximizing the value of clients' investments. The services offered management products from a collection of major life insurance companies, as well as investment funds from an approved list of professional fund managers.

The company operates with a combination of passionate consultants, technology adoption and up-to-date knowledge. They prevent stagnation in their talent pool by organizing frequent training sessions to continuously develop their skills. The success of this principle was duly recognized by a Singapore Quality Category Star in Innovation and People in February 2020.

Better times

  • Improved asset management process
  • Management of approved insurance products and investment funds
  • Bekroond Meets Singapore's Quality Class Star in Innovation and People February 2020
Address229 Mountbatten Road #03-30 Mountbatten Square Singapore 398007
Contact+65 6654 1888
Office hours9 a.m. - 6 p.m. (Mon. - Fri.)


Top 10 Financial Advisors in Singapore [2022] (5)

With a strong emphasis on ethical business conduct, Providend is Singapore's first fee-only asset manager. Fueled by a desire to remove the stigma surrounding dirty practices in the financial advice industry, Providend promises quality service for a fixed fee. Commission earned through product pledges is then deducted for customers.

Customers start by identifying themselves with one of the four categories that Providend targets: savers, retirees and pre-retirees, property owners and expats in Singapore. Appropriate plans will then be developed to meet the specific needs of each demographic.

Better times

  • Cost-only management platform
  • Commission discount for customers
  • Strong emphasis on ethical business conduct
AddressNr. 38 Duxton Hill Singapore 089616
Contact+65 6309 2488
Office hours9 a.m. - 6 p.m. (Mon. - Fri.)

6.Singapore Financial Planners Pte Ltd

Top 10 Financial Advisors in Singapore [2022] (6)

Singapore Financial Planners mainly deals with personal financial strategies. The company welcomes wealthy investors and amateurs. They create a friendly and welcoming atmosphere for complete beginners to begin their journey to financial freedom.

Certified financial advisors at the firm investigate hundreds of case studies to better understand clients' needs and goals. They attend regular training courses to develop advanced analytical skills, which are vital for spotting gaps in financial portfolios.

Better times

  • Total beginner friendly
  • Ever-growing collection of case studies for valuable insights
  • Regular employee training for modern practices
Contact+65 9631 9431
Office hoursOpen 24 hours a day

7.Karen Tang Certified Financial Planner

Top 10 Financial Advisors in Singapore [2022] (7)

Karen Tang Certified Financial Planner Founder Karen Tang is a graduate of the University of Calgary in Alberta, Canada. Tang worked as a business analyst and change management consultant in an international bank for nine years and was fully prepared before making the leap into Singapore's asset management industry in 2005.

As a Certified Financial Planner and Associate Estate Planning Practitioner (AEPP), Tang uses her expertise and experience to help clients navigate financial growth and preservation. She takes a holistic approach to financial planning and is praised for her kind, patient personality and attention to detail.

Better times

  • Decades of training and expertise in relevant fields
  • Certified Financial Planner
  • Associate Estate Planning Practitioner (AEPP)
Address133 New Bridge Road #20-06/08, Chinatown Point, Singapore 059413
Contact+65 6252 8500
Office hours9 a.m. - 6 p.m. (Mon. - Fri.)
10:00 – 13:00 (for)
Closed on Sundays

8.SingCapital Pte Ltd

Top 10 Financial Advisors in Singapore [2022] (8)

SingCapital Pte Ltd is licensed by the Monetary Authority of Singapore (MAS) under the Financial Advisers Act. He is also an exempt direct insurance broker for GeneralInsurance. The company guarantees high-quality financial services to help clients achieve their goals through well-defined goals and financial methods.

The company is offering a free personal financial health check worth S$250 when customers fill out an expression of interest form on its website. People who want to start with asset management can take the opportunity to assess their financial strength.

Better times

  • Licensed by the Monetary Authority of Singapore (MAS) under the Financial Advisers Act
  • An exempt direct insurance broker for GeneralInsurance
  • Free personal financial check after completing the online expression of interest form
Address60 Paya Lebar Rd, #09-01 Paya Lebar Square, Singapore 409051
Contact+65 6801 4088
Office hours9 a.m. - 6 p.m. (Mon. - Fri.)
Closed on Saturday and Sunday

9.Consultants click

Top 10 Financial Advisors in Singapore [2022] (9)

Advisors' Clique is a representative of Great Eastern Financial Advisers Private Limited (GEFA). It started 15 years ago and has since grown into a dynamic team of valuable financial advisors. The group now has 350 employees and 15 managers, all united by a common vision to "leave a legacy by paying it forward".

As such, Advisors' Clique looks to the future while aligning client goals and expectations across all of their services. Through their association with Great Eastern, they know a list of well-known partners in both the financial and insurance worlds.

Better times

  • A team of 350 employees and 15 managers
  • Empirical projection of the financial future for clients
  • Representative of Great Eastern Financial Advisers Private Limited (GEFA)
AddressGreat Eastern Center, 1 Pickering St, #07-03/04, Singapore 048659
Contact+65 6854 7575
Office hoursTHAT


Top 10 Financial Advisors in Singapore [2022] (10)

When her mother's insurance claim was denied for her cancer treatment, Val learned that most people don't fully understand their insurance policies. The stressful ordeal – dealing with demanding financial complications on top of difficult emotions – led Val to create a digital asset management platform. PolicyPal was therefore born from the intention to spread financial knowledge to the general public.

PolicyPal is the first graduate of Singapore regulator MAS Fintech Sandbox. It is a licensed insurance broker with more than 30 insurance partners, enabling efficient comparisons and informed decision-making.

Better times

  • Friendly to the general public
  • The first company to graduate from Singapore regulator MAS Fintech Sandbox
  • Recognized insurance broker with more than 30 insurance partners
Address20 Collyer Quay, Singapore 049319
Contact+65 3163 9184
Office hours09:00 – 19:00 (MA-VR)

While financial planning is an undeniably important aspect of adult life, individuals have very different needs. There is also specific coverage arising from circumstances such as e.gpregnancy insuranceIninsurancefor vehicle owners. However, it always helps to get professional advice and adequate training before making a long-term decision.


Who is the largest financial advisory in Singapore? ›

Singapore's largest independent financial advisory firm, Financial Alliance continues to provide impartial advice and offer the best-suited financial plans for their clients.
  • Phone: +65 6222 1889.
  • Address:
  • 150 Beach Road #12-01/08, Gateway West Singapore 189720.
  • Operating Hours:
  • Weekdays: 9:00 am to 6:00 pm.
Jan 2, 2023

Who is best financial advisor 2022? ›

Investopedia 100 Top Financial Advisors of 2022
  • Michael Kitces. Buckingham Strategic Wealth. ...
  • Taylor Schulte. Define Financial. ...
  • Lazetta Braxton. 2050 Wealth Partners. ...
  • Marguerita Cheng. Blue Ocean Global Wealth. ...
  • Ron Carson. Carson Group. ...
  • Peter Lazaroff. Plancorp. ...
  • Alex Chalekian. Lake Avenue Financial. ...
  • Dasarte Yarnway.

Who are the top 10 financial advisors? ›

  • Woodley Farra Manion.
  • Dana Investment Advisors.
  • Albion Financial Group.
  • Heritage Investment Group.
  • Edgemoor Investment Advisors.
  • Salem Investment Counselors.
  • Leavell Investment Management.
  • Halbert Hargrove Global Advisors.
Oct 4, 2022

How many financial advisors in Singapore 2022? ›

Number of financial institutions in Singapore in 2022, by type
CharacteristicNumber of institutions
Licensed Financial Advisers61
Licensed Trust Companies61
Merchant banks21
Finance companies3
6 more rows

How much does a financial advisor cost in Singapore? ›

The charge can cost between 0.75% and 1.5%. Performance Fee: As your money grows, the financial planner will take a percentage for helping you grow your wealth. This fee ranges between 1% and 1.5% per year of your total assets under the financial advisor's management.

Who is the financial watchdog in Singapore? ›

MAS is the integrated regulator and supervisor of financial institutions in Singapore. MAS establishes rules for financial institutions which are implemented through legislation, regulations, directions and notices.

Who are the top 5 fiduciary advisors? ›

Key Takeaways. BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM).

Are financial advisors worth the 1%? ›

If you're already working with an advisor, the simplest way to determine whether a 1% fee is reasonable may be to look at what they've helped you accomplish. For example, if they've consistently helped you to earn a 12% return in your portfolio for five years running, then 1% may be a bargain.

Who is Elon Musk's financial advisor? ›

Meet Jared Birchall, Elon Musk's right-hand man

Birchall started out as a financial analyst in 1999 at Goldman Sachs and then moved to Merrill Lynch in 2000 as a private wealth adviser, and even his colleagues can barely recognise him.

Who is most trusted financial advisor? ›

  • Jeff Erdmann. Merrill Private Wealth Management. ...
  • Lyon Polk. Morgan Stanley Private Wealth Management. ...
  • Brian C. Pfeifler. ...
  • Charles Zhang. Zhang Financial. ...
  • Mark Curtis. Graystone Consulting from Morgan Stanley. ...
  • Christopher Errico. UBS Private Wealth Management. ...
  • Greg Vaughan. Morgan Stanley Private Wealth Management. ...
  • Rod Westmoreland.
Apr 4, 2023

Do millionaires use financial advisors? ›

If your personal fortune includes millions of dollars and a yacht or two, you may be the ideal candidate for working with a wealth advisor. Wealth advisors are the financial professionals whom affluent individuals often turn to when they need assistance managing their fortunes.

How do you know if your financial advisor is good? ›

Here are four traits you want to look for when gauging whether a Financial Advisor is suitable for you:
  1. They work with you. ...
  2. They take a holistic view of your finances. ...
  3. They develop and customize your investment strategy. ...
  4. They have the support of an investment team. ...
  5. There is a lack of transparency.

How to find financial advisor Singapore? ›

Finding the Best Financial Advisor in Singapore: 7 Planners to Consider
  1. Providend. ...
  2. Global Financial Consultants (GFC) ...
  3. Dollar Bureau. ...
  4. JS Advisory. ...
  5. Financial Alliance Pte. ...
  6. Synergy Financial Advisers. ...
  7. Expat Advisory Group – IPP Financial Advisers.
Jun 30, 2022

Is Singapore a leading financial center? ›

Singapore is the leading financial centre in the Asia-Pacific. It ranks third in the Global Financial Centre Index 2022, trailing only New York and London. It also has overtaken Hong Kong in the last year, with recent changes in Hong Kong hurting its rank.

How much do wealth advisors make in Singapore? ›

The average salary for Wealth Manager is $3,316 per month in the Singapore.

How much does a CFP make in Singapore? ›

The average salary for CFP is $2,600 per month in the Singapore. The average additional cash compensation for a CFP in the Singapore is $3,000, with a range from $1 - $34,200. Salaries estimates are based on 22 salaries submitted anonymously to Glassdoor by CFP employees in the Singapore.

How much do financial consultants make Singapore? ›

What can I earn as a Financial Consultant? The average monthly salary for Financial Consultant jobs in Singapore ranges from $4,750 to $7,250.

Who is the largest wealth manager in Singapore? ›

Citibank is one of the largest wealth banks in Singapore, managing over $282B in assets as of 2022. It has three management accounts: Citigold, Citigold Private Client, and Citi Priority.

Who is the best CFO in Singapore? ›

SINGAPORE - The chief financial officer (CFO) of Singapore Press Holdings (SPH) Tony Mallek won the Best Chief Financial Officer award at the Singapore Corporate Awards on Tuesday (July 19) evening. Mr Mallek won in the large-cap category, which is for companies with a market value of $1 billion or more.

What are the main financial services in Singapore? ›

At a Glance
Financial CompanyBest For
HSBC SingaporeWealth Management
Sing Investments & Finance LTDPersonal, Corporate / SME Financing
IFS CapitalSmall and Medium Business Financing
Deutsche BankCorporate and Investment Banking
6 more rows

What is considered high net worth? ›

A high-net-worth individual (HNWI) is someone with liquid assets of at least $1 million. These individuals often seek the assistance of financial professionals to manage their money, and their high net worth qualifies them for additional benefits and investing opportunities that are closed to most.

Which is better a fiduciary or financial advisor? ›

The Bottom Line. Fiduciaries are obliged to act in your best interest, whereas the title “financial advisor” implies no legal obligation. When looking for a financial advisor to help you develop your custom financial plan, you should ensure that your financial advisor is a fiduciary.

Is a fiduciary better than a broker? ›

A fiduciary must act in your best interests first. A broker doesn't have to. This is what's referred to as a “fiduciary duty” and there's no gray area here – it means that financial professional is legally bound to solely act in your best interest, based on your investment goals such your timeline for retirement.

What percentage of millionaires use a financial advisor? ›

Seventy percent of millionaire households used some sort of financial adviser, and the average length of that relationship spanned 10 years, the survey found.

What is a 1 percent advisor fee? ›

AUM fees are calculated as a percentage of the assets they manage and can be charged on a yearly, quarterly or monthly basis. An AUM fee of 1% is quite common. This means a client will initially pay $10,000 annually to work with an advisor on an investment portfolio of $1 million.

What percentage of profits do financial advisors take? ›

According to a 2021 Advisory HQ study, on average, you can expect to pay between 0.59% and 1.18% for an advisor who charges asset-based fees. An advisor who charges by the hour, on the other hand, might fall into the $120 to $300 range. For advisors who charge a flat fee, the cost may range from $7,500 to $55,000.

Does Bill Gates have a financial advisor? ›

Michael Larson (born October 1959) is an American money manager. He is the chief investment officer for the Bill & Melinda Gates Foundation, and Bill Gates' personal fortune through Cascade Investment. He assumed the role in 1994.

Who are Elon Musk's biggest investors? ›

Here's who helped Elon Musk buy Twitter
  • Prince Alwaleed bin Talal al Saud.
  • The Qatar Investment Authority.
  • Binance.
  • Andreessen Horowitz.
  • Sequoia Capital.
  • Larry Ellison.
  • Jack Dorsey.
  • Morgan Stanley, Bank of America, Barclays.
Dec 24, 2022

Do most financial advisors beat the market? ›

Decades of data show that individual advisors, even the highest paid, do not consistently beat the market indexes. Plus their advice is expensive, which reduces your investable assets each year, resulting in lower long-term returns.

What is the failure rate of financial advisors? ›

80-90% of financial advisors fail and close their firm within the first three years of business. This means only 10-20% of financial advisors are ultimately successful.

Who is the most prominent financial advisor? ›

Key Takeaways

Benjamin Graham and Warren Buffet are among the most common traditional financial advisors that relied heavily on value investing. Several financial advisors such as Dave Ramsey and Robert Kiyosaki are most known for their print publications.

Who is the biggest financial advisor? ›

BlackRock, Vanguard, Fidelity, State Street Global Advisors, and J.P. Morgan Asset Management are the five largest financial advisory firms in the United States, ranked by assets under management (AUM).

Who is the top investor in Singapore? ›

The United States is by far the largest single country investor in Singapore, with direct investments in Singapore worth over US$244b.

How much wealth is considered rich in Singapore? ›

In the report, it is also stated that people who have wealth between US$1 million and US$50 million are considered high-net-worth (HNW) individuals, and those who have more than US$50 million are considered ultra-high-net-worth (UHNW) individuals.

What is a very high-net-worth in Singapore? ›

In the latest The Wealth Report, real-estate consultancy Knight Frank reported that Singapore in 2020 had a population of 3,732 ultra-high-net-worth individuals (UHNWIs), or people who have a net worth of over US$30m or more, including their primary residence. This is a 10.2% growth from the 3,387 recorded in 2019.

Who is considered a millionaire in Singapore? ›

Singapore has an adult population of 4,932,000, and there are 298,650 millionaires (US$1 million or more). The report categorises those who have a net worth between US$1 million and US$50 million as high-net-worth (HNW) individuals, and those who have more than US$50 million as ultra-high-net-worth (UHNW) individuals.


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