76% of Singapore Investors Use AI for Finance, New HSBC Survey Finds
Source: Tech in Asia
A new HSBC-commissioned Ipsos survey found that 76% of mass-affluent and high-net-worth investors in Singapore now use artificial intelligence for financial and investment-related tasks, exceeding the global average of 72%. Gen X and baby boomer adoption in Singapore reached 72%, notably higher than the 65% and 59% global benchmarks for those age groups.
A new HSBC-commissioned Ipsos survey of 609 mass-affluent and high-net-worth investors in Singapore reveals that 76% now use artificial intelligence for financial and investment tasks, surpassing the 72% global average. The finding underscores how deeply AI has penetrated wealth management in the city-state, particularly among older demographics often assumed to be slower adopters.
Gen X and baby boomer investors in Singapore recorded 72% AI adoption rates, significantly outpacing their global peers at 65% and 59% respectively. The survey, conducted between January and February 2026 across 10 markets with 9,993 respondents, found that 40% of Singapore investors prefer using AI first then consulting a human adviser, while 57% want AI and advisers working together.
The preference for hybrid advisory models aligns closely with the Monetary Authority of Singapore's proposed AI risk management guidelines for financial institutions, which emphasize oversight, governance, and lifecycle controls. HSBC has already deployed its generative AI-powered Wealth Intelligence platform in Singapore for client-facing wealth staff, signalling that the banking giant sees the market as a testbed for AI-driven advisory tools.
Why it matters for Singapore: The survey data confirms that Singapore's wealth management sector is undergoing a structural shift toward AI-augmented advisory. With MAS actively shaping the regulatory framework and global banks like HSBC deploying live AI tools here, the city-state is emerging as a laboratory for how high-net-worth wealth management can integrate artificial intelligence without losing the human touch that wealthy clients demand.