Women are emerging as a significant force in wealth management, influencing private banking services across Singapore.



Research shows women now control over 30% of global wealth, a figure expected to rise as intergenerational transfers accelerate. In Singapore, female HNWIs are increasingly engaging in private banking, seeking both financial independence and legacy planning.

Banks have responded with programs targeting female investors, emphasizing education, networking, and ESG investing. Relationship managers highlight that women often take a more long-term, risk-aware approach compared to male counterparts, favoring diversified portfolios and sustainable investments.

This demographic shift is prompting banks to adapt communication styles, advisory content, and service design. Many institutions are hosting women-centric investment forums, further embedding diversity in private banking culture.

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Sophia Tan

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Marks Toms – Editor-in-Chief
Marks oversees editorial policy, compliance, and fact-checking at bankaccountsopen. Read more articles

Disclaimer:The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions. The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any banking or investment decisions.