Dear members

We are entering an era of evolving changes amid geopolitical tensions and technological disruptions, where governance is becoming more challenging and critically important. As the voice for the independent wealth sector and advocate for the EAM/IWM business model in Singapore, the integrity and reliability of the industry is a cornerstone to supporting Singapore’s position as a safe and trusted wealth management hub. As the industry grows in size and complexity, we must continually review and enhance the way we do business, and ensure we have the right processes and protocols to comply with the regulatory guidelines.

In light of recent industry developments around regulatory breaches, my team and I would like to assure you that the association remains committed to upholding the highest standards of integrity and professionalism of the independent wealth sector. In doing so, continuous training and education is a responsibility that we take seriously. This is evident in the number of workshops that we have organised, to keep you abreast of the latest regulatory changes and to stay relevant. The bedrock of relevance is success.

With insights shared from the open dialogue session that we had with the CEOs and founders of Ordinary member firms and the recent exchange with the MAS, we have developed several new initiatives with a strong focus on regulatory compliance, and best practices to uplift the sector’s professionalism and competencies.

As we embark on the second half of the year, we will build on our momentum and continue to elevate the standards of wealth management in Singapore, fostering a culture of trust, integrity, and unparalleled professionalism for our clients and our industry.

Thank you for your dedication and support.

Best regards

Jolene Tan,
President, AIWM Singapore