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Strategy & Practice Management

HP Wealth Management announces hire of Four New Professionals

Shirreen Sim, Tshua Ngee, Edward Pang and Adriel Chua are to be joining HP Wealth Management, as announced in a press release by the Independent Wealth Management firm.

Sim brings with her over two decades of experience in the wealth management industry, having ventured into the independent space in 2018. Prior to this, she worked with Citi, UBS, Goldman Sachs, Credit Suisse and Deutsche Bank.

Tshua Ngee joins the company from Covenant Capital, where he was the Head of Fixed Income for the Singapore-based asset management firm. He has also held positions in Citibank, Western Asset Management and Bank of Singapore, having started his career with the Monetary Authority of Singapore. He brings with him more than 20 years of experience.

Edward Pang began his career working for Smith Barney, based in Seattle. Following this, he returned to Singapore as a financial advisor for Citibank. He has since provided independent asset management services to his clients.

Adriel Chua is joining HP Wealth Management from Covenant Capital, with the intent to broaden his exposure in the investment world, having recently graduated from Nanyang Technological University.

All four are intimately familiar with the business model of Independent Asset Managers. Shirreen and Edward will be developing their own client portfolio, and will both report to Stephane Schmid, partner of the firm. Tshua Ngee and Adriel will strengthen the investment team and report to Michael Foo, CIO

Urs Brutsch, Founder and Managing Partner said in the press release that “I am delighted to have professionals with so many years in the industry join us. I have no doubt that they will be successful, not least thanks to the guidance provided by my colleagues Stephane and Michael. They can benefit from the robust platform we have built over the last 10 years.”

HP Wealth Management was founded in 2009 by Urs Brutsch and obtained the CMS License from the MAS in 2012. It successfully manages money on a discretionary and advisory basis for clients predominantly based in Asia. It applies a transparent fee structure and does not work with retrocessions, i.e. its interest is aligned with that of its clients.