Financial adviser observatory for Singapore
Where advisory firms are, which MAS licences they hold, how clients rate them: figures computed on the whole MAS directory.
Key figures
- Advisor Index lists 1000 firms from the MAS Financial Institutions Directory that provide financial advice, 995 of them located in 20 postal districts (as of 26 October 2026).
- Languages offered on firm websites besides English: Mandarin (11), Japanese (7), German (4), Cantonese (3), Korean (3), Hindi (2).
- Across the 288 websites read, the most highlighted specialty is real estate (43%); the rarest: tax planning (19).
- 55 firms have at least 5 Google reviews; average rating 3.8, from 7,272 reviews in total.
- MAS licence mix in Singapore: capital markets services licensees 89%, trust companies 7%, insurance brokers 4%, banks and private banks 4%, licensed financial advisers 3% (a firm can hold several).
- 84% of located firms sit in three districts: Raffles Place (702), Orchard (80), Tanjong Pagar (58).
Advisor Index calculation of 26 October 2026: MAS Financial Institutions Directory, firm websites, Google listings.
By postal district
Download the table (CSV) · CC BY 4.0 licence: free reuse with credit to Advisor Index.
| District | Firms | Licensed financial advisers | Capital markets services licensees | Insurance brokers | Banks and private banks | Trust companies | Average Google rating | Most highlighted specialty |
|---|---|---|---|---|---|---|---|---|
| D01 Raffles Place | 702 | 24 | 625 | 16 | 31 | 55 | 3.7 | Real estate |
| D09 Orchard | 80 | 1 | 75 | 2 | 1 | 3 | 4 | Family office |
| D02 Tanjong Pagar | 58 | 4 | 51 | 3 | 1 | 1 | 4.2 | Real estate |
| D07 Bugis | 49 | 3 | 43 | 3 | 2 | 3 | – | Expats and newcomers |
| D06 City Hall | 29 | 0 | 26 | 1 | 0 | 3 | – | Estate planning |
| D14 Paya Lebar | 17 | 0 | 13 | 3 | 0 | 1 | – | Family office |
| D05 Buona Vista | 15 | 0 | 14 | 1 | 0 | 0 | – | Business owners |
| D03 Queenstown | 8 | 1 | 3 | 5 | 0 | 0 | 4.4 | Retirement |
| D11 Novena | 8 | 0 | 6 | 1 | 0 | 1 | – | – |
| D10 Tanglin | 4 | 0 | 4 | 0 | 0 | 0 | – | Expats and newcomers |
| D13 MacPherson | 4 | 1 | 3 | 1 | 0 | 0 | – | Estate planning |
| D15 Katong | 4 | 0 | 4 | 0 | 0 | 0 | – | – |
| D22 Jurong | 4 | 0 | 3 | 1 | 0 | 0 | – | – |
| D04 HarbourFront | 3 | 0 | 3 | 0 | 0 | 0 | – | Real estate |
| D12 Toa Payoh | 3 | 0 | 3 | 0 | 0 | 0 | – | Real estate |
| D20 Bishan | 2 | 0 | 1 | 1 | 0 | 0 | – | – |
| D26 Upper Thomson | 2 | 0 | 2 | 0 | 0 | 0 | – | – |
| D08 Little India | 1 | 0 | 1 | 0 | 0 | 0 | – | – |
| D18 Tampines | 1 | 0 | 1 | 0 | 0 | 0 | – | Business owners |
| D19 Hougang | 1 | 0 | 1 | 0 | 0 | 0 | – | – |
A firm can hold several licences. Average Google rating: firms with at least 5 reviews, districts with at least 3 of them.
Frequently asked questions
How many financial advisory firms are there in Singapore?
Advisor Index lists 1000 firms from the MAS Financial Institutions Directory that provide financial advice: licensed financial advisers, capital markets services licensees, insurance brokers, banks and trust companies. The MAS directory remains the official source.
Where are financial advisers located in Singapore?
Mostly in the business districts: Raffles Place, Cecil and Marina (702 firms), Orchard, Cairnhill and River Valley (80 firms), Tanjong Pagar and Anson (58 firms). The table on this page gives every postal district.
How are these figures calculated?
By counting the MAS Financial Institutions Directory (licences and business address of each firm), assigned to postal districts from the postal code. Google ratings are averaged over firms with at least 5 reviews; languages and specialties are those each firm shows on its own website.
Method
Starting point: the MAS Financial Institutions Directory, financial advisory sector, with each firm's licences and business address. Firms are assigned to a postal district from their postal code. Websites, languages and specialties come from each firm's own website; Google ratings from its Google listing when we could match it with confidence. No firm pays to be listed or counted.