AlTi completes acquisition of SG-based AL Wealth Partners

This is in line with AlTi’s goal to assist SG’s growing clientele.

AlTi Tiedemann Global, a global wealth and asset manager has fully set foot in Singapore through the completed acquisition of AL Wealth Partners (ALWP).

AlTi’s services and presence toward ultra-high net worth individuals (UHNWI) will be aided by ALWP, growing from AlTi’s current strategies in Hong Kong.

AlTi said the acquisition demonstrates the company’s goal of assisting an expanding local clientele. 

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By combining AlTi's global reach, perspectives, and infrastructure with ALWP's local expertise, AlTi will be able to cater to the evolving demands of Singapore and Asia's entrepreneurial, progressively global, and discerning client base.

“Having a presence in Singapore is critical in today’s evolving wealth and asset management landscape, and we are excited to expand into this key market. This deal executes on our long-term growth strategy focused on complementary and accretive acquisitions in core growth areas.” said Michael Tiedemann, Chief Executive Officer of AlTi.