74% of Singapore HNW clients want AI in wealth advice says EY

High-net-worth clients in Singapore are leading global expectations for AI integration in wealth management, with 74% expecting their advisers to adopt AI—surpassing the global average of 60%, according to EY’s 2025 Global Wealth Research Report. While optimistic about AI’s potential for smarter insights and seamless experiences, clients remain cautious about data privacy and the loss of human touch. Despite high satisfaction levels, 39% of Singapore clients may switch advisers, citing investment performance as a key driver. Investors are also becoming more hands-on—53% in Singapore versus 44% globally—and 42% plan to increase cash allocations to stay agile amid market volatility. Appetite for alternative investments is growing but is often overlooked by advisers. Performance-based fees are preferred locally, with declining interest in transaction-based pricing.