As we celebrate Singapore’s 59th National Day 🇸🇬, I am filled with immense pride for my island nation. For me, National Day is more than just a celebration of Singapore’s achievements; it’s also a time to reflect on one’s identity. In many ways, the way in which we define ‘home’ is mirrored in our financial decisions, where biases and emotional ties often influence our choices. In wealth management, many often gravitate towards what feels familiar and safe – our ‘home.’
This inclination, known as ‘home bias’, refers to the tendency of investors to favour domestic investments over foreign ones. While home bias can provide a sense of security, it often leads to an over-concentration in local markets, limiting diversification and potentially hindering financial growth. Striking a balance between home bias and diversification is essential for building robust and resilient investment portfolios.
The team at WRISE supports our clients and mitigate such biases in their portfolios. To provide broader investment opportunities, we help clients grow, manage and protect their wealth through a comprehensive 360-degree wealth ecosystem. Clients spur us to continue driving innovation in wealth management.
Beyond client endorsements, I’m proud that the industry has recognised our accomplishments, winning industry awards and being recognised by our partner banks. We are only as strong as each other, and WRISE’s strength lies in our diverse team of experts that power the next era of wealth management.
Beyond wealth management, our team takes the time to give back to society – a cause that I personally find both fulfilling and meaningful. We collaborate with various associations to pack and deliver care packages for families in need. Just last month, we partnered with The Girl’s Brigade to contribute and deliver WISH gifts to their beneficiaries. People are at the heart of WRISE, and corporate social responsibility is integral to our culture. We strive to continue making a positive impact on the community.
WRISE has come a long way since our beginnings. As we celebrate National Day, I am inspired by Singapore's growth and accomplishments over the last 59 years with values of unity and belonging that our leaders have fostered in us. As I continue to lead WRISE, I hope to channel the same strength in unity in growing our team.
With all the plans we have in the pipeline, I am optimistic about what our team will achieve in the coming months. I look forward to working in unity to reach new heights and drive the future of wealth management.
#wrise #wrisesg #ndp2024 #singapore
