Achieving financial freedom can be challenging, and seeking help along the way isn’t just common; it can be a wise decision.
A St. James’s Place Asia survey shows the rising tendency of people, especially younger generations, seeking assistance from financial advisers. It reveals that over 91% of Singapore’s youth consider financial advice to be helpful. Moreover, in their previous study, it also showed that 51% of Singaporeans believed that they could get better investment outcomes in the past five years when they engaged with financial advisers in Singapore.
But first, let’s take a look at how financial advisers can help us in our decisions. Moreover, let’s discover the top five independent financial advisers in Singapore today.
What Does An Independent Financial Advisor Do In Singapore?
An Independent Financial Advisor (IFA) in Singapore empowers and helps you realise your financial goals. They will provide professional advice on a wide array of financial goods and services suitable to you right now.
Your adviser will consider your income, spending patterns, investments, debts, and degree of comfort with risk when creating a customised financial roadmap.
Also, they will help you along the way when it comes to managing your finances and accomplishing your financial objectives. Moreover, they will provide sound advice when it comes to your retirement plans and growing your wealth.
The Advantages of Getting Financial Advisers
In one of the countries with a high cost of living, taking charge of your finances can be challenging. Here’s where independent financial advisers come into play. They offer competent advice to assist people in navigating the challenges of risk management, investments, and financial planning.
Having an independent financial advisor by your side has the following advantages:
Understanding Your Financial Goals
It can be helpful to define your long-term and short-term financial goals by consulting with a financial advisor. These goals include retirement planning, purchasing the right insurance, saving money for your home, preparing for your kid’s education, saving money for your home, investing, and handling financial challenges such as a loss in employment or being unable to pay with your personal loan from a licensed money lender.
They will help you create a realistic plan to achieve those goals. Moreover, they will be assisting you in building specific savings goals and choosing investments that are suitable with your risk tolerance. Your adviser will also monitor your progress regularly to keep you on the right track.
Expert Advice on Tax and Estate Planning
Aside from investments and savings advice, they can assist you with tax and estate planning. They can assist you in creating a comprehensive plan, ensuring that your assets are distributed according to your preferences. Therefore, they can help safeguard the financial future of your loved ones.
Top 5 Independent Financial Advisers in Singapore
It might be challenging to navigate Singapore’s financial environment. These five dependable independent financial advisors have been identified by their dedication to providing objective guidance and tailored financial solutions
1. Financial Alliance
Founded in 2002, Financial Alliance stands as Singapore’s premier independent financial advisory firm. They offer a wide array of financial products and services tailored to meet the specific needs of both individual and corporate clients.
With a dedication to providing impartial advice and promoting financial literacy, Financial Alliance employs a team of highly skilled professionals who deliver expertise across various financial instruments, encompassing wealth management, estate planning, and corporate financial solutions.
Contact Information:
Location: 150 Beach Road #12-01/08, Gateway West Singapore 1897205
Phone: +65 6222 1889
Website: https://fa.com.sg/
2. Providend
Established in 2001, Providend is a pioneer in Singapore’s financial advisory landscape as the country’s first fee-only independent firm. They specialize in providing holistic financial planning solutions encompassing risk mitigation, wealth and investment management, as well as estate planning. Their clientele ranges from individuals and families to businesses, all benefiting from their comprehensive suite of services.
Providend’s unique fee-only structure reinforces their dedication to transparency and client-centric advice. They promise that their recommendations are unbiased and only in line with the best interests of their clients because they do not take commissions on product sales and instead charge a flat fee. This has strengthened Providend’s standing as a top independent financial advisory business in Singapore, together with their experienced team of advisers and track record.
Contact Information:
Location: No.38 Duxton Hill, Singapore 089616
Phone: +65 6309 2488
Website: https://providend.com/
3. Pinnacle Wealth Advisory
At Pinnacle Wealth Advisory, they are driven by a deep belief in the transformative power of financial literacy. The firm was founded on the principle of helping families overcome financial challenges and achieve long-term financial security.
Their founding director and her team of dedicated advisors offer personalised, expert guidance across all aspects of financial planning. They understand that every client’s journey is unique, which is why they prioritize creating customised financial plans tailored to your specific needs and goals.
Contact Information:
Location: 150 Beach Road #12-01/08 Gateway West Singapore 189720
Phone: +65 8288 0854
Website: https://www.pinnaclewealth.sg/
4. IPP Financial Advisers
IPP Financial Advisers, founded in Singapore in 1983, stands as a pillar of the financial advisory landscape in the region. With decades of experience, they offer a comprehensive suite of services tailored to both individuals and corporations, spanning wealth planning, financial planning, insurance advice, and retirement planning.
Their legacy of experience and expertise sets them apart, coupled with their holistic approach to financial planning. IPP Financial Advisers is known for leveraging international financial products and knowledge to cater to the diverse needs of their clients, be it safeguarding their assets, growing their wealth, or managing their wealth distribution.
Contact Information:
Location: IPP Financial Advisers Pte Ltd 78 Shenton Way #30-01 Singapore 079120
Phone: + 65 6511 8888
Website: https://www.ippfa.com/business-advisory/
5. PromiseLand Independent
Established in 1986, PromiseLand Independent has evolved into a provider of comprehensive financial advisory services. Pioneering the industry, they became Singapore’s first independent life insurance broker in 1991, offering products from a wide array of life insurance companies.
Today, their commitment to holistic financial advice is reflected in their diverse offerings, encompassing insurance planning, retirement planning, estate planning, investment advisory, and more.
They operate with a client-first philosophy, ensuring that their clients’ needs and interests remain at the forefront. Their independence allows them to partner with multiple product providers, enabling them to deliver the most suitable financial advice and products tailored to each client’s unique circumstances.
Contact Information:
Location: 7500A Beach Road, #02-312, The Plaza, Singapore 199591
Phone: +65 65054100
Website: https://promiseland.com.sg/
The Bottom Line
By partnering with an experienced and reputable independent financial advisor, you can gain access to unbiased advice and tailored strategies that align with your unique needs and circumstances. This can empower you to make informed decisions and build a solid foundation for your financial future.
Remember, the key to a successful financial journey lies in making informed decisions and seeking professional guidance when needed.
Moreover, securing your financial future requires proactive planning and expert guidance. Take the first step today and connect with a qualified IFA to start your journey towards financial success.
Need access to instant loans? Crawfort makes it easy with a user-friendly platform and quick approvals. It just takes 8 minutes to approve your loan.