Individual financial security is more than just wealth.

For high-net-worth individuals (HNWIs), financial security comes from having a wealth management plan. With unprecedented global challenges putting a spotlight on the importance of wealth protection, Private Client Services (PCS) by Mercer offers to take the financial stress out of wealth planning through risk management and insurance solutions.  

About PCS

PCS is part of the global business network of Mercer, a wholly owned subsidiary of Marsh McLennan. As experienced insurance brokers financial advisors, we specialise in planning personalised financial risk management solutions for our clients in the private banking space.

With offices across Singapore, Hong Kong SAR, Shanghai, Geneva and Zurich, and more than 8,000 clients in 50 markets, our wealth planning advice is based on a unique understanding of the global HNWI landscape and associated market risks.

As part of the world’s largest insurance broker, advisor and intermediary, we have exclusive access to key insurance markets, and we are among the first international HNW financial advisors with a licence to operate onshore in China.

What we offer

Wealth protection and growth through life insurance solutions

As the impact of the COVID-19 pandemic continues to be felt across financial markets, demand for wealth protection and risk management solutions are surging. One of the cornerstones of a wealth protection plan is insurance.
72% of HNWIs believe that insurance plays a significant role in creating and preserving wealth.
 Insurance for High Net Worth Individuals report

Published by EY and AIA

We work with you to determine the most appropriate insurance solution to protect your wealth during market volatility and beyond. Our protection solutions include:

  • Universal Life (UL) insurance: jumbo life protection with flexibility to structure the policy according to your needs.
  • Whole of Life (WoL) insurance: life protection plus wealth and succession planning policy benefits. Contributions are guaranteed and level.
  • Indexed Universal Life (IUL) insurance: life protection plus wealth and succession planning policy benefits. Contributions can be placed in cash value in an equity index account, paying interest according to the market index. 
  • Variable Universal Life (VUL) insurance: life protection plus wealth and succession planning policy benefits. Invested contributions can produce greater returns.
  • Private Placement Life (PPL) insurance: similar VUL insurance policy structure, PPL insurance is a private tax efficient investment offering. 
HNW life insurance has become a financial instrument which is tax efficient to provide HNW individuals in their respective home jurisdictions.
Joseph Low

Chief Executive Officer of PCS by Mercer Group

Wealth transfer and creation through savings plans

Research shows a great amount of HNWIs lose their wealth by the third generation. Planning to transfer your wealth provides you with the comfort of knowing you are leaving behind a fair and balanced allocation of assets, including providing for loved ones who are not protected heirs, and creates peace of mind for you and your family.

If managed correctly a Savings Plan can be a secure, low-risk wealth distribution and legacy insurance tool. Annual growth is not subject to tax, and your money could be preserved regardless of global economic fluctuations and interest rates.

Manage business risk through planning

Over the past decade, the business landscape has changed dramatically and HNWIs need access to solid risk management strategies that provide business continuity. As the trend across the HNWI landscape turns to wealth preservation over wealth creation, Company Life Insurance Key Person Protection will allow your beneficiaries to use the insurance to pay obligations and maintain liquidity and positive market sentiment if the worst-case scenario were to happen.

Speak to our Mercer PCS Consultants