![\"Expertise](\"https:\/\/wealthbriefing.com\/cms\/images\/app\/People\/JoleneTan.jpg\"\/)
<\/p>\nWe carry this report of comments made at the recent AIWM (Singapore) conference in Singapore by president Jolene Tan.\t <\/p>\n
External Asset Managers (EAMs) and other forms of independent,
\u201cAs the macro environment becomes increasingly complex
\u201cWhile Singapore\u2019s independent wealth management sector remains
AIWM\u00a0(Singapore) has more than 80 members. Exact numbers of
With tailwinds such as this, it is unsurprising that Tan and her
Academic links<\/strong>
The \u201cRIGHT\u201d way<\/strong> As Tan has
Among several topics discussed at the conference was
We carry this report of comments made at the recent AIWM (Singapore) conference in Singapore by president Jolene Tan.
Geopolitical uncertainties and rapid technological…<\/p>\n","protected":false},"author":1,"featured_media":62675,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[2611],"tags":[],"class_list":["post-62674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buzz-headlines","wpcat-2611-id"],"_links":{"self":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/62674","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62674"}],"version-history":[{"count":0,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/posts\/62674\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=\/wp\/v2\/media\/62675"}],"wp:attachment":[{"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62674"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62674"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sgbuzz.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62674"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n Geopolitical uncertainties and rapid technological change are
\n putting a premium on expertise and reliability \u2013 qualities that
\n the
\n Association of Independent Wealth Managers (Singapore)<\/a>
\n stresses are\u00a0essential for sustainable growth.<\/p>\n
\n non-bank players, which have grown in Singapore in recent
\n years,\u00a0are held to the same standards of operation and
\n conduct as banks. However,\u00a0as a sector as a whole, it is
\n relatively modest, Jolene Tan (main picture), AIWM (Singapore)
\n president, and managing partner, SingAlliance Pte Ltd, said in
\n the association\u2019s recent conference held at Singapore
\n Management University<\/a>. (See a
\n feature<\/a>\u00a0from last year about the EAM sector, examining
\n the angle of custodians.)<\/p>\n
\n \u2013\u00a0marked by shifting geopolitics, technological disruption
\n and evolving regulatory expectations \u2013 independent wealth
\n management firms are operating in a landscape that demands
\n greater clarity, conviction and collaboration,\u201d Tan said in her
\n address.<\/p>\n
\n relatively small, firms are held to the same rigorous standards
\n as large financial institutions, even as they navigate similar
\n challenges \u2013\u00a0rising operating costs, talent retention
\n challenges and evolving client expectations \u2013\u00a0with leaner
\n teams and tighter resources,\u201d Tan continued.\u00a0<\/p>\n
\n EAMs and other independent wealth players in total aren\u2019t easy to
\n pin down. According to the Monetary
\n Authority of Singapore<\/a>“s 2024 Singapore Asset Management
\n Survey,\u00a0the total industry\u2019s AuM at the end of that year
\n reached S$7.07 ($5.47) trillion. The net number of licensed fund
\n management companies in Singapore rose from 1,250 as at December
\n 2023 to 1,298 as at December 2024.\u00a0<\/p>\n
\n fellow members have been busy. In July 2025, AIWM (Singapore)
\n launched its AIWM Certification programme, designed to enhance
\n professional standards and the reputation of member firms; it
\n also expanded collaboration with industry groups and
\n institutions, such as the MAS Financial Hub and STEP Singapore,
\n to give just two examples.\u00a0<\/p>\n
\n The very fact that Tan spoke at SMU for her April conference \u2013
\n attended by WealthBriefingAsia<\/em> \u2013 highlighted another
\n important area: close links with business schools and wider
\n academia. (WBA<\/em> interviewed SMU on its work
\n here<\/a>.)
\n<\/p>\n
\n ![\"\"](\"https:\/\/wealthbriefing.com\/cms\/images\/app\/SMU%20panel%20photo%202026.jpeg\")
\n<\/p>\n
\n A panel discussion at the AIWM (Singapore)
\n conference.<\/strong>
\n<\/p>\n
\n Collaboration<\/strong>
\n \u201cBuilding on what we started together last year, it was
\n especially meaningful for us to see this collaboration between
\n AIWM and SMU continue and grow,\u201d Tan said. \u201cThe energy,
\n engagement, and quality of discussions this year really reflected
\n what can be achieved, when the industry and academia come
\n together with a shared purpose. I strongly believe that the
\n development of our industry must go hand in hand with the
\n cultivation of future talent and thought leadership,
\n strengthening the bridge between theory and practice, and SMU\u2019s
\n collaboration plays a vital role in this.\u201d<\/p>\n
\n Tan said the association frames how the industry must operate by
\n the \u201cRIGHT\u201d approach, with \u201cR\u201d standing for \u201cresponsible
\n stewards\u201d; \u201cI\u201d for \u201cinquisitive\u201d; \u201cG\u201d for \u201cgovernance\u201d; \u201cH\u201d for
\n \u201chighly committed to grow\u201d; and \u201cT\u201d for \u201cteam.\u201d<\/p>\n
\n explained<\/a> to this news service before, the growth of Variable
\n Capital Company (VCC) structures, and Singapore\u2019s rise as a major
\n family offices hub, are significant developments. As reported
\n only\u00a0a
\n few days ago<\/a>, MAS has announced the start of revised new
\n rules governing single-family offices (SFOs), taking effect from
\n 15 June.\u00a0<\/p>\n
\n intergenerational wealth transfer and the related assumptions
\n that HNW families and their advisors might have. One discussion
\n point was how wealth holders preferred to \u201cskip a generation\u201d and
\n transfer some \u2013 not all \u2013 wealth straight away not to the
\n generation immediately below, but to grandchildren. This is
\n because many \u201cNextGens\u201d are in fact already settled in careers
\n and businesses.
\n<\/p>\n<\/p><\/div>\n
\n
\n
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