What's required to set up your independent firm in Singapore?

Justin Kendrick, Co-Founder and Head of Investment Solutions, Ingenia, talks about what it takes to set up shop as a wealth manager in Singapore and how a consulting firm like theirs can help the founders tremendously in the starting out process.

You can also click on the individual questions below to jump to that section.

  1. If a private banker wants to set up their own independent wealth management firm in Singapore, what do they have to do?
  2. What are some of the obvious challenges that they might face?
  3. What type of people will they need to employ?
  4. The percentage of wealth managed by independent wealth management firms in Singapore is still quite low - why is that?
  5. Ingenia have a solution that can help in the setup of an independent wealth management firm - can you explain how you can help?