About Private Wealth

Being one of the wealthiest countries with a strong GDP per capita, Singapore is home to common sources of wealth for the High Net Worth Individuals (HNWIs). Hence, an idea was born to introduce Private Wealth as a one-stop private wealth management organisation with multiple sources of reliable knowledge required to attain strong financial goals. The creators of this website take pride in offering financial services education to selected HNWIs who are keen to attain mastery in the financial world. In other words, none of the mission or vision is to sell any services. 

It is a place where you can gain the necessary financial knowledge according to your needs. It is therefore extremely important to cater to each individual’s wants and needs, with a varying degree of customizations and complexity. Ranging from will-drafting and financing right up to private clients insurance, it should be a life-long learning journey to cover all bases to ensure the security of long-term financial well-being. 

Private Wealth incorporates the ease of accessibility to wealth management. In terms of hierarchy of needs, it can be simplified into four main categories, beginning from the most fundamental foundation which is wealth foundation followed by advanced wealth accumulation. Finally, wealth preservation would lead to the last stage which is proper wealth distribution¹.

Slogan

Metaphor about Pando Tree

Introducing the pando tree, one of the largest trees in the world as shown in the picture on the right. What exactly is the link between the slogan, “scarcity and abundance” and this particular tree? Find out more as you read!

There is no wonder that pando trees are among the oldest known living organisms. Weighing almost 6,000,000 kilograms, the 80,000-year-old trees are extremely strong and resilient against whatever harsh climate changes and external environment. 

The fact that they all share one root system is what makes them even more unique and precious. This is indeed what makes them abundant. On the other hand, the fact that their natural habitat is only in central Utah on the Fishlake National Forest makes them extraordinarily rare. 

Wealth Building 

Aim: To generate long-term income through multiple sources such as job-based income, investments, and any income-generating assets. The wealth building definition relies on proper financial planning and insights into one’s future financial goals.  –  Investopedia

Intergenerational Legacy 

Aim: To create a positive and lasting impact for future generations that involves making decisions and taking actions that not only benefit the current generation but also future ones.  –  Wade-Benzoni, Professor at Duke University