Endowus Surpasses S$2 Billion in AUM

Endowus Surpasses S$2 Billion in AUM

by August 25, 2022

Endowus, a digital wealth advisory platform licensed by the Monetary Authority of Singapore (MAS), announced that it has crossed S$2 billion in client assets across its private wealth and public pension (CPF & SRS) offerings.

In the past year, Endowus reported that it has hit other key growth milestones with an over 120% increase in the number of clients it serves in Singapore, and a 350% increase in assets on its Fund Smart & Private Wealth platforms.

The firm also received its licenses from the Securities and Futures Commission of Hong Kong (SFC) to offer its wealth management and advisory services in the territory and will be launching its services this year.

Endowus currently partners with over 50 fund managers, providing clients with access to more than 200 strategies and exposure to the public and private markets, as well as hedge funds and alternatives through industry leaders such as Amundi, BlackRock, Dimensional, GMO, Goldman Sachs, JP Morgan, KKR, Partners Group, PIMCO, Quantedge, Schroders, UBS, Wellington and more.

Endowus co-founder and CEO Gregory Van.

Gregory Van

Gregory Van, Chief Executive Officer of Endowus said,

“We started Endowus to enable people across all wealth segments to access better investment advice and products, at institutionally low and transparent costs, for all their money – cash savings, CPF and SRS.

 

Being at the forefront in the proliferation of the fee-only revolution in Asia means we can only be paid by and serve our clients and no one else, thereby improving transparency and restoring integrity as fiduciaries.”

Endowus co-founder and Chairman, Samuel Rhee.

Samuel Rhee

Samuel Rhee, Chairman and Chief Investment Officer of Endowus added,

“Wealthtech is still a nascent and emerging sector. While it is still early in its growth journey, no one can doubt its tremendous upside. We are at the frontier of an irreversible trend that will touch everyone’s well-being for decades to come.

 

We believe as the leading player in the space, Endowus can facilitate greater exchange of ideas and deeper industry collaborations to better address the needs of the clients working with regulators and our partners.”