SingWealth Holdings has secured an insurance brokerage licence in Hong Kong, marking a key milestone in its regional expansion and establishing a formal presence in the city through its new entity, PFPFA HK Limited.
The move underscores SingWealth’s ambition to broaden its wealth management services beyond Singapore and extend its reach into the Greater Bay Area, a market it views as increasingly critical for high-net-worth and emerging affluent clients.
“Securing our insurance brokerage licence in Hong Kong is a pivotal step in SingWealth Holdings’ regional growth strategy,” said Jeffrey Chow, Director of SingWealth Holdings. “This expansion allows us to extend our expertise and provide clients in Hong Kong with seamless, high-quality wealth management solutions.”
To mark the launch, SingWealth hosted an event at Gonpachi Restaurant in Tsim Sha Tsui, where company executives and stakeholders discussed the group’s cross-border strategy and implications for financial professionals in the region.
The event was attended by Chow and Non-Executive Chairman Peter Huber.
Through PFPFA HK, the company will deliver financial advisory, insurance brokerage, and estate planning services to clients in Hong Kong and the wider Greater Bay Area.
This complements its existing operations in Singapore, Thailand, Malaysia, and Mainland China.
SingWealth’s network includes Singapore-based PFPFA Pte Ltd and supports PFP Legacy entities across Asia, offering trust and will services tailored to succession planning needs.
In Singapore, the group also operates Assure Healthcare Holdings, a patient-centered healthcare provider offering general and preventive care, aesthetic services, and support for Advance Medical Directives.
“Think global, act local has always been our guiding principle,” said Chow. “Our goal is to deliver forward-thinking financial solutions while maintaining personalized, high-touch service that clients trust.”
SingWealth said the Hong Kong licence will enable it to deepen relationships in one of Asia’s most dynamic wealth markets, as it continues to build a diversified, pan-regional financial services platform.
Business News Asia