Online wealth platform eyes HNW Singaporean clients
iFast Financial on Wednesday unveiled the first independent wealth management platform in Singapore catering to high net worth individuals, according to a report in AsiaOne.
The iFast Global Prestige platform, which will adopt a fee-based structure instead of the widely prevalent transactional, commission-based system in the city-state, will service independent financial advisers, private banks and other institutions catering to customers having minimum investable assets worth $1m (€674,939).
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