Endowus Private Wealth is built for investors looking for additional white glove service. You get a dedicated client advisor, a bespoke Wealth Implementation Plan, and - provided you become a Verified Accredited Investor on the platform - access to 70+ global fund managers across alternative strategies such private equity (Stepstone), private credit (Carlyle), and hedge funds (Point72), potentially less correlated with public markets.

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Exclusive private equity, private credit, and hedge fund strategies are available at transparent fees, with no sales charges or transaction fees and full rebates of trailer fees. Assets are held in your name at UOB Kay Hian, Singapore’s largest broker by total assets.

Unlike private banks that earn commissions from product sales, Endowus charges only a transparent annual “Endowus Fee” rather than earning commissions on product sales. You access institutional-grade funds from leading institutional managers at lower minimums and fees than traditional private banks typically require, with the same rigour of personalised advisory and bespoke portfolio construction.

Endowus Private Wealth is not a robo-advisory service . It pairs a dedicated human client advisor with a bespoke Wealth Implementation Plan, plus exclusive access to private market funds — private equity (Partners Group, among others), private credit (Ares, among others), infrastructure (Macquarie, among others), and hedge funds (Point72, among others) — selected by Endowus’ Investment Office.

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These strategies are typically unavailable to retail investors. The platform also provides institutional share-class funds - which are typically lower - multi-currency portfolios, and a fee-only, conflict-free compensation structure.

Private banking bundles investment products with banking services from one institution — often with potential conflicts of interest where product commissions paid to the bank sways the choice of products that are pushed to clients. Private wealth management is broader and independent: it covers financial planning, portfolio construction, tax planning, and estate planning across multiple providers.

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The key difference: an independent private wealth manager is remunerated by the client rather than by product providers, which reduces potential conflicts of interest.

MAS defines an Accredited Investor (AI) as an individual with net personal assets exceeding S$2 million (of which the primary residence may count for no more than S$1 million), net financial assets exceeding S$1 million, or annual income of at least S$300,000 in the preceding 12 months.

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AIs unlock a wider investment universe — alternative assets such as private equity, private credit, hedge funds, and institutional share-class mutual funds — often at lower fees than retail-accessible products. On the Endowus platform, Verified AIs can access alternative assets with a minimum investment of S$50,000.

Traditional private banks typically require minimums in the millions of dollars. Digital-first private wealth platforms offer lower entry points. Endowus Private Wealth serves clients with investable assets from S$1,000,000, with tiered annual fees (0.40% to 0.60% for alternatives) that decrease as AUM grows — making white-glove wealth management more accessible.

HNW investors in Singapore typically build multi-asset portfolios spanning public equities, fixed income, private equity, private credit, hedge funds, and real estate. Many make use of Singapore’s tax advantages — no capital gains tax, no inheritance tax — and work with independent wealth managers for holistic planning. Accredited investors additionally access institutional-only funds and alternative strategies unavailable to retail investors.

Private equity may offer higher return potential by investing in private companies, and has over some long horizons historically delivered returns above public markets, though past performance is not necessarily a guide to future performance or returns. Private credit may offer higher yields, historically with lower correlation to publicly listed bonds. Together, they may improve portfolio diversification and risk-adjusted returns. Investors should account for illiquidity and longer lock-up periods — making them suitable for long-term wealth building, not short-term needs.

Wealthy investors manage currency risk through hedged share classes of funds, multi-currency account structures, and deliberate asset allocation across geographies. Advisors typically model the currency exposure of a total portfolio — across both public and private assets — and may recommend hedging back to a base currency (SGD or USD) where appropriate. Endowus Private Wealth offers portfolios denominated and/or hedged in SGD, USD, AUD, EUR, GBP, and more.

Traditional private banks charge management fees of 0.5% to 1.5% of AUM annually, plus transaction fees and, in addition, trailer fees from fund managers. Fee-only, conflict-free advisors charge a single transparent fee. Endowus Private Wealth charges 0.40% to 0.60% p.a. on alternatives (decreasing at higher AUM), with no sales charges, no transaction fees, and full rebates of trailer fees — delivering lower total costs versus traditional private banks.