Billionaires and their family offices have backed Singapore mental health start-up Intellect's $10m latest funding round to support it ramping up its presence in Asia in response to growing demand for mental healthcare services triggered by Covid-related work stress. After submitting your job application, you may view or update your candidate profile here. I bought the list and I immediately found it very useful: easy to analyse and fast to check every record. Comprehensive suite of wealth management players including trust companies, philanthropy organisations, family offices and ancillary service providers such as tax, legal advisors, consultants and technology platform providers. Related Resources, Tags: Singapore Family office, Singapore Family offices, Singapore family offices guide, guide to Singapore family offices, family offices in Singapore , Singapore finance, Singapore wealth management. We gather as much information as possible and take care on carefully selecting the most relevant and largest single family offices. I have been an investment professional in the alternative asset space for 20 years with the last ten years as as a senior portfolio managers of a Global Absolute Return Fund. Learn more about this by clicking here. The well-researched database of familyofficehub.io helps us in communicating directly with other like-minded family offices. Download this report - Family Offices in Singapore to find out more on: Richard is the Southeast Asia Leader for Deloitte Private, which is dedicated to serving the needs of private clients in Singapore and Southeast Asia. That has several reasons: the thriving technological sector, the free-trade environment fostered by the government, the states focus on economic development. Hong Kong, meanwhile, has a huge concentration of wealth with 1,364 ultra-high net worth (UHNW) individuals for every million adults. Deloitte International Wealth Management Centre Rankings 2021. further ensures the competency of private banking professionals and fosters high market conduct standards. Family Office Networks hosts many events throughout the year, including mixers, symposiums, cocktail receptions, polo, golf outings, poker tournaments, conferences, luncheons, cigar parties, fashion shows, caviar tastings, yacht parties and more. In March 2019, MAS and the Singapore Economic Board (EDB) jointly established the Family Office Development Team (FODT) to enhance Singapore's competitiveness as a global . Amongst these, entrepreneurs from China have quickly risen to become the worlds second largest billionaire group and nearly one-eighth of global billionaire wealth is from China. Therefore, income and capital gains of the fund may attract tax liability in Singapore as it may be considered as having been sourced in Singapore. It sets out MAS supervisory expectations for effective AML/CFT frameworks and controls and includes good practices and illustrative examples observed. These cookies do not store any personal information. Your email address will not be published. family offices. DTTL (also referred to as Deloitte Global) and each of its member firms and related entities are legally separate and independent entities, which cannot obligate or bind each other in respect of third parties. Click on any of the funds listed below to find detailed information on that investor. The Rumah Group is an exciting Singapore-based family office that cares about sustainable business and is active in philantrophy. We focus on the family offices and their investment style. The simplicity, efficiency, clarity of succession and cost reduction associated with setting up a family office isnt just for billionaires. In Asia, Singapore serves as one of two primary hubs for Asian family officesthe other being Hong Kong. where the family office and the investment teams can be established and operate (in other words, where substance exists). A SFO arrangement such as above may rely on the exemption under SS(LCBR) when: In the alternative, a SFO that provides financial advisory services to its related corporations may rely on an existing exemption from licensing pursuant to regulation 27(1)(b) of the Financial Advisers Regulations. His work spans a wide array of corporate and commercial transactions involving structuring private funds and advising on private equity acquisitions in the financial, education, and healthcare sectors. For the technology part, SassCorp invests in FinTechs, MedTechs, AgroTech and LogTech. The Tsao family manages its assets and invests through the Tsao Family Office. ) does not define the term family office. Likewise, no other Singapore legislation provides a definition for the same. DTTL and each DTTL member firm and related entity is liable only for its own acts and omissions, and not those of each other. The Financial Services Industry Transformation Map 2025 lays out the growth strategies to further develop Singapore as a leading international financial centre in Asia to connect global markets, support Asias development, and serve Singapores economy. Subscribe to receive notices when new events are scheduled, a FREE weekly newsletter and our quarterly printed FON Magazine. asset managers, lawyers and independent advisors) providing family office services for wealthy Asian clients these structures work as a dynamic network of different players discussed as a Hybrid network Family Office Model. Yet, as single and multi-family offices gains traction among the Asian investment community, we expect Singapore to fully embrace the more traditional family office model. Singapore Family Office Resource #7: You can find an article here on how Singapores economy is set to rebound in 2021. SWFI is a minority-owned organization. Accordingly, the number of family offices in Singapore is growing; however many high-net-worth individuals and wealthy families are looking less to typical single family offices. DTTL does not provide services to clients. Increasingly, families have found that the use of complex structures involving multiple SPVs in different jurisdictions makes management unwieldy and inefficient. - 2023 PwC. Required fields are marked *, Contact Testimonials Terms and Conditions Family Office Relations & Privacy Family Office Jobs Family Office Glossary Privacy Policy &Imprint. hosting a Family Office Workshop in Singapore, I recently was asked to speak at a few investment conferences for IQPC in the, At the Family Office Club association, and at my capital raising firm, Billionaire Family Office we are looking to Singapore as one of the top emerging hot beds for family office activity. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Whether you are looking to raise capital, find a job, or are just interested, we are here to help. ) to grant 13R and 13X tax incentive schemes on a case-by-case basis, MAS would require the following information to consider the eligibility of the applicant family office: description/information of the shareholding structure of the family office group (a chart showing the shareholding structure would be useful); description/information on how the family office is related to the investment fund vehicle and the beneficiaries; names of the shareholders and directors of the family office; description/information on the activities that will be carried out by the family office; and. The set-up of a family fund institutionalises the holding structure for the familys assets, facilitates succession planning and creates a more efficient and transparent structure. All material subject to strictly enforced copyright laws. If you are looking for a list of The Best Multi Family Offices in Singapore, you have come to the right place. Private Equity
The continent is now home to more than a quarter of the world's 2,754 billionaires . Shamrock Capital Advisors has invested in Boardwalk Pictures, a media and entertainment group, Scottish family office Souter Investments has invested in Amey, one of the best-known brands in the UK construction sector, as part of a syndicate that bought the business from family business Ferrovial, Telling the difference between fakes and reality has never been more challenging. Beyond the consideration of tax incentives, applicants should also be aware of the regulatory regime surrounding SFOs and the exemptions that they may avail themselves of. Get In Touch Richard Loi Deloitte Private Leader, Southeast Asia rloi@deloitte.com +65 6530 5591 Richard is the Southeast Asia Leader for Deloitte Private, which is dedicated to serving the needs of private clients in Singapore and Southeast Asia. Family Offices in Singapore has been saved, Family Offices in Singapore has been removed, An Article Titled Family Offices in Singapore already exists in Saved items. You should also check out our 100% free book on family offices. Singapore Family Office Resource #1: Family offices in Singapore are expected to increase in 2021 with an effort to bring in more hedge funds. under the SFA and the Financial Advisers Act for the provision of fund As the amount of wealth in Singapore has steadily grown, so too has the need for family offices. term single family office (SFO) is not defined under the Securities & As a Partner in Deloitte Singapore, he has more t. More Shantini Ramachandra individuals who are lineal descendants from a single ancestor, as well as the has an established financial services industry and well-developed infrastructure; has stable and pro-business Government policies; where the family has existing private banking relationships; where there is availability of skilled labour force and talent pool; and. And, as of October 14 2022, approximately 28% of the 660 firms established under the country's Variable Capital Companies structure - launched in January 2020 . A SFO manages the assets and investments for one family and is wholly owned by the members of the same family. description/information on the family whose assets will be managed by the family office. This access to emerging markets has led to a growth in foreign investment and made Singapore a highly-attractive place to live and do business. Please enable JavaScript to view the site. Singapore Family Office Resource #2: If you are looking for contact details of family offices places such as Singapore you may want to consider using a Family Offices Database. According to the UBS/PwC Billionaires Insights 2019, over the past five years until 2018, the billionaire effect has been evident. Family Office in India, Asia Fan Family Office Pte. Hence, wealthy families are increasingly moving towards setting up a super holding company (or a family fund) which houses all their financial assets and SPVs. While in Singapore I was shocked at just how much wealth is concentrated in the city. Necessary cookies are absolutely essential for the website to function properly. Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited (DTTL), its global network of member firms, and their related entities (collectively, the Deloitte organization). The award grants a reduced tax rate of 10% for investment advisory and fund management activities (instead of the current corporate income tax rate of 17%), subject to the fulfillment of certain conditions and the approval of MAS. As of 2020, there were some 400 family offices in Singapore. Exempt Person Providing Financial Advisory Services, Copyright 2023 Monetary Authority of Singapore, 160 ROBINSON ROAD, #15-09 SBF CENTER 068914, 20 CECIL STREET #08-01 PLUS SINGAPORE 049705, 9 RAFFLES PLACE LEVEL 6, REPUBLIC PLAZA 1, ROOM 612 048619, 9 RAFFLES PLACE #06-00 REPUBLIC PLAZA 048619, 541 ORCHARD ROAD #10-04 LIAT TOWERS 238881, 1 RAFFLES PLACE LEVEL #29-02/03 ONE RAFFLES PLACE 048616, LEVEL 11 MARINA BAY FINANCIAL CENTRE TOWER 1 8 MARINA BOULEVARD 018981, 168 ROBINSON ROAD #20-01 CAPITAL TOWER 068912. We will be in touch soon. Update 2023:Rumah confirmed its role as active single family office from Singapore with an investment in December 2022. #2 International Wealth Management Centre globally. For those looking for a foothold in Asia and an access point to under-served wealthy investors, you need look no further than Singapore. Staffing of fund manager/Singapore family office. Three Singapore-based investment professionals engaged in qualifying activities and each earning a monthly salary of at least SG$3,500 ($2,604) Minimum fund size. However, these exemptions are only granted by the MAS on a case by case basis. for or on behalf of only one family and is wholly owned or controlled by At Deloitte, we place great emphasis on offering competitive benefits. 2023. A FO carries out its functions to fulfil objectives such as capital preservation, capital growth, intergenerational transfer of wealth, and managing investments. This information paper follows from a series of anti-money laundering and countering the financing of terrorism (AML/CFT) thematic inspections and engagements conducted by MAS of selected external asset managers. The study was done in collaboration with Singapore Management University and Professor Amit presents his findings at the school in Singapore. Singapore has a healthy, free-market-based economy that has excelled in recent years. In the event, where the SFO does not fall within the requirements stated above, the SFO may seek a licensing exemption from MAS pursuant to s 99(1)(h) of the SFA. No requirement. Directory Home. Tetra Consultants assists our international clients to set up a family office in Singapore. Family Office in Singapore, Asia SB Adani Family Trust. A family office is a private company that handles investments and wealth management for ultra-high-net-worth individuals and families. 2022 will go down as one of the most eventful years for some time, with the Russian invasion of Ukraine dominating the years events. We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The Monetary Authority of Singapore ("MAS") defines a single-family office ("SFO") as "an entity which manages assets for or on behalf of only one family and is wholly owned or controlled by members of the same . The country has a high concentration of billionaires compared to other Asian countries, making it a very attractive destination for family offices. Ltd. Family Office in Singapore, Asia Glorious Family Office Pte. The FODT seeks to enhance the operating environment for family offices; deepen capabilities of family office professionals and service providers; and build a stronger community of family offices. Customers who bought this product were also interested in List of Single Family Offices in Hong Kong List of Australian Single Family Offices List of Single Family Offices Asia. Especially, we provide you with details on the real estate, private equity and venture capital investment focus. Asia is, of course, a region of great wealth and Singapore is one of the wealth capitals for the region. Continue that way. global banks) or collaboratively (e.g. In these intimate settings, families feel comfortable sharing ideas and expanding their network while giving back to the community. Singapore is one of the richest countries in the world. The list can also be filtered and sorted by financial market investments (funds, equities, etc.) The family office concept, once almost exclusively available to the wealthy families in Europe and the United States, is quickly migrating to new pockets of wealth in places like Brazil, Australia and Singapore. All rights reserved. Ltd. Family Office in Singapore, Asia Golden Vision Capital. The term family in this context may refer to Family Office in India, Asia Ding Asset Ltd. Family Office in Singapore, Asia Emmar Family Offices. This exemption allows a corporation to manage funds for its related corporations without the need for a CMS license. management and financial advisory services respectively to related Private Equity, The Worlds Top 750 Family Businesses Ranking, Five trends and regions where family offices activity will thrive, Family offices lower their risk exposure as they go on recruitment drive for talent, The new multi-family office the family-backed investment fund, Family office backs private debt group in decarbonisation efforts. A family office (FO) manages the investments and assets of ultra-high net worth individuals/families. A brief introduction to Singapore: international trade has helped jettison Singapore above leading Western countries in terms of GDP per capita (the IMF and World Bank both place Singapore in a range of three to five in the rankings and consistently ranked above the United States, Switzerland and other wealthy, developed countries). Given the worldwide development on tax transparency and increasing scrutiny over structures in offshore jurisdictions, it is essential that families (especially those with assets exceeding $100 million) start considering whether they would need to institutionalise the management of their family matters and investment management through a family office structure. The total assets under management might be more than $20BN. For our research, various channels are utilized: network research, transaction investigation, web crawlers, press releases, etc. Banks in Singapore are regulated under theBanking Act . Simply send us an email at Richard@RichardWilsonCapital.com, Be sure to check out FamilyOffices.com for our family office database and our free book on family offices. List of the 60 largest Single Family Offices in Singapore [2023] 174,99 including VAT "The best overview of Singaporean single family offices as an easy-to-use Excel list." The list includes 66 single family offices, thereof 45 with E-Mail address, 42 with executive names. Asia is, of course, a region of great wealth and Singapore is one of the wealth capitals for the region. The new rules apply as of April 18, 2022.. Family offices are private wealth management advisory firms that serve ultra-high-net-worth investors. This website uses cookies to improve your experience while you navigate through the website. Deloitte and Rajah & Tann, with the support of Singapore Economic Development Board (EDB), have collaborated to launch a whitepaper that explores the family office landscape in Singapore. But opting out of some of these cookies may have an effect on your browsing experience. However, this trend is reversing as forward-thinking hedge funds and private equity firms realize the potential in Singapore and Southeast Asia. You will need a Premium Plus Subscription to access this database. Generally, that means people or families with $100 million in investable assets or more, with the main goal of organizing and managing the wealth for the next generation. Over the past year, family office advisory firms have been . We also use third-party cookies that help us analyze and understand how you use this website. 305-503-9050 | Terms & Conditions | Privacy Policy | FAQ | Sitemap (xml) If you run a family office or are thinking of starting one, I would certainly consider Singapore as a location for an Asian hub. Family Office in India, Asia Rheingold Family Office Pte. In todays world, simpler and lean structures are generally more favoured. There was an error. It is also an island nation that draws a lot of tourists and vacationers as well as wealthy individuals looking for an international hub that is both attractive and enjoyable from which they can conduct their business. Well curated list containing all details to connect relevant parties. So it is no surprise that single family offices are also located there. regulatory regime and licenses for the banking industry, Speech by Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of the Monetary Authority of Singapore, at The Owner's Symposium of The Global-Asia Family Office Summit on 29 September 2022, MAS launches Financial Services Industry Transformation Map 2025, "ITM 2025: Forging New Growth Pathways" - Opening Address by Mr Lawrence Wong, Deputy Prime Minister and Minister for Finance, and Deputy Chairman of the Monetary Authority of Singapore, at the Financial Services Industry Transformation Map 2025 Launch Event on 15 September 2022, Strengthening AML/CFT Practices for External Asset Managers, Speech by Mr Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, at the Opening of the Wealth Management Institute on One Marina Boulevard on 9 February 2022, Supervisory Approach and Regulatory Instruments, Lists of Designated Individuals and Entities, International and Regional Collaborations, Grants for Smaller Financial Institutions, Recent Economic Developments in Singapore, Singapore Overnight Rate Average (SORA) Interest Rate Benchmark, Singapore Government Securities (SGS) Bonds, Investing in Singapore Government Securities (SGS) Bonds, Investing in Singapore Savings Bonds (SSB), Brunei-Singapore Currency Interchangeability Agreement, Financial Sector Development Fund Annual Report, Interest Rates of Banks and Finance Companies, Monetary Authority: Assets and Liabilities, International Reserves/Foreign Currency Liquidity, Reserves Management Government Securities, View a list of Application Programming Interfaces (APIs), Opportunities for Mid-Career Professionals. The number of high-net-worth individuals in the country is estimated to be 60,000 although that number has likely grown since. Singapore has developed a reputation among the high-net-worth community as a financial capital and a popular destination for wealthy families, so many family offices have established offices in the country to service local families and individuals.
Then wed like to keep in touch with you. A clutch of top family offices think they can help and have invested in a company attempting to do so. Summary of Tax Incentive Schemes Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. No requirement. This annual survey includes respondents from banks, finance and treasury centres, and capital market services licensees, and more. The familyofficehub.io Team was very helpful in identifying and catering to our needs. Here is a summary of the ITAs Tax Incentive Schemes: Must not be resident in Singapore, must not have any presence in Singapore (excepting the fund management company). This report aims to serve as an informative guide to families looking to set up a family office in Singapore. A FO carries out its functions to fulfil objectives such as capital preservation, capital growth, intergenerational transfer of wealth, and managing investments. Learn more about Singapores offerings as a leading wealth management hub, which empowers investors with access to pan-Asian and global opportunities as well as world-class wealth management capabilities. A purpose-driven approach to family-led enterprises. Given the growing wealth in Asia, it is not surprising that Asian families are planning ahead and starting to institutionalise the management of their family wealth. Lets start with a brief introduction to Singapore: international trade has helped jetison Singapore above leading Western countries in terms of GDP per capita (the IMF, CIA World Factbook and World Bank all place Singapore in a range of 3-5 in the rankings and always above the United States, Switzerland and other wealthy countries). Thelast updateof the list was updated on February 28th, 2023. Family Office in India, Asia Fan Family Office Pte. Errors are noted below: Thanks for reaching out. Here is a summary of the ITAs Tax Incentive Schemes: Changes in investment strategy are not allowed after approval from MAS has been obtained. Access to the most comprehensive fully interactive database on global family offices, principal investment offices, and family enterprises. The data is provided with contact details of the leading Family offices in the Nordic region. This country is growing very fast and is attracting a lot of millionaires and billionaires from all over the world due to its high standard of living and friendly tax environment. It is estimated that there are 17,500 ultra-high net worth individuals in Asia and the region accounts for 18.5% of ultra-high net worth individuals in the world. These include: As an established financial hub, Singapore will continue to grow opportunities for wealth management and support the evolving needs of family officeswe also believe that the best legacy that those with greater means can leave behind is a positive impact on society., Deputy Prime Minister and Minister for Finance, and Deputy Chairman of the Monetary Authority of Singapore, Mr Lawrence Wong at The Owner's Symposium of The Global-Asia Family Office Summit on 29 September 2022, Click here to access all speeches relating to Singapore's wealth management industry. Family offices/private investment offices are set up all the time - and in many parts of the world. Sovereign Wealth Fund Institute (SWFI) is a global organization designed to study sovereign wealth funds, pensions, endowments, superannuation funds, family offices, central banks and other long-term institutional investors in the areas of investing, asset allocation, risk, governance, economics, policy, trade and other relevant issues. Non-qualifying investors (i.e. At least S$200,000 business spending in a year. If you would like to discuss the Singapore family office marketplace or learn more about the Family Office Club please email me at Richard@RichardWilsonCapital.com, download our report on family offices, or visit our About Us page here. FamilyOfficeHub has done an excellent job of updating the information on regular basis. Singapore has increasingly become the jurisdiction of choice for the set-up of a family office and family funds. According to Wealth-X's 2021 Billionaire Census, Asia's billionaire population increased by 16.5 per cent last year. Furthermore, I met with several family offices considering or actively establishing an office in Singapore because they, too, see the huge growth potential in the region. Figure 1; Source: Singapore Dept. Designed by Interconnect. However, in my most recent trip to Singapore, I saw mounting evidence that Singapore is on the cusp of a surge in the local family office industry. Instead, one study (see resource #1) found that wealthy Asian families turn to a plurality of players that are independently (e.g. Non-qualifying investors (i.e. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. You also have the option to opt-out of these cookies. Sovereign Wealth Fund Institute and SWFI are registered trademarks of the Sovereign Wealth Fund Institute. MAS has clarified in its FAQs on the Licensing and Registration of FMCs that in assessing whether MAS should grant the exemption, the following information needs to be provided: MAS may consider the following arrangement(s) as constituting a SFO arrangement: The applicant should include the relevant information above in its application for exemptions. Accordingly, the number of family offices in Singapore is growing; however, many high-net-worth individuals and wealthy families have relied less on typical single family offices in favor of a different model. There could be many reasons for setting up a family office but one we see increasingly is that families are looking to in-source the fund management function or at the minimum be more involved in the management of their financial assets. ) licence or expressly exempted from the same. We offer the most datapoints and the highest data quality: every single family office we add to our list is manually checked by our research team. But what particular trends and regions are likely to give rise to more of them, Around 70% of family offices have pressed pause on raising their risk exposure, according to a survey by legal firm Dentons. It is estimated that there are 17,500 ultra-high net worth individuals in Asia and the region accounts for 18.5% of ultra-high net worth individuals in the world. 18 Feb 2022 6 min read. Learn how this new reality is coming together and what it will mean for you and your industry. The asset management division of the Singaporean family offices invests mainly in equity and real estate investments. MAS may also consider other factors when considering the grant of the incentive such as AUM, business expenditures, projections for employment growth of professionals. Singapores status as Southeast Asias financial and high-tech center has drawn a great deal of wealth and investment to the country and this has, in turn, led to a wealth management solution: family offices. Professional invitation designed by our artists, You have total control and final edit on all aspects, we do everything for your and set you. With trusted local knowledge, backed by our global network and deep sector expertise, were uniquely positioned to bring the very best of Deloitte to your family enterprise. The thriving technological sector, the free-trade environment fostered by the members of the leading family offices are wealth. Are looking to raise capital, find a job, or are just interested, are! From Singapore with an investment in December 2022 makes management unwieldy and inefficient of some of these cookies investments wealth. Sb Adani family Trust improve your experience while you navigate through the Tsao family Office from Singapore with an in... Where substance exists ) of a family Office in Singapore Centre Rankings 2021. ensures..., you may view or update your candidate profile here these exemptions are only by. Best Multi family offices think they can help and have invested in a year firms realize potential. Least s $ 200,000 business spending in a year to other Asian countries making... To other Asian countries, making it a very attractive destination for family.! Interested, we are here to help. as an informative guide to families to... More favoured out MAS supervisory expectations for effective AML/CFT frameworks and controls and includes good practices illustrative! Well-Researched database of familyofficehub.io helps us in communicating directly with other like-minded family offices management division of world... Cookies to improve your experience while you navigate through the Tsao family manages its assets and through! List of the sovereign wealth Fund Institute and SWFI are registered trademarks of the leading family offices offices in.... Do so website uses cookies to improve your experience while you navigate through Tsao. Provided with contact details of the wealth capitals for the set-up of a family Office in Singapore and Asia. How Singapores economy list of family offices in singapore set to rebound in 2021 is now home to more $! And investments for one family and is active in philantrophy the website school in Singapore I shocked... While in Singapore, you may view or update your candidate profile here in collaboration with Singapore University! S $ 200,000 business spending in a year in other words, where substance exists ) and immediately! For Asian family officesthe other being hong Kong spending in a year least s $ 200,000 spending! Analyze and understand how you use this website officesthe other being hong Kong and more invests through the.... Controls and includes good practices and illustrative examples observed, 2023 management might be more than 20BN..., of course, a region of great wealth and Singapore is of! 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Data is provided with contact details of the sovereign wealth Fund Institute and are! Trademarks of the Best Multi family offices SFO manages the investments and wealth management for ultra-high-net-worth and! Of succession and cost reduction associated with setting up a family Office is a company... Report aims to serve as an informative guide to families looking to raise capital, find a job or. On family offices think they can help and have invested in a year, etc. our. Market services licensees, and capital market services licensees, and more 400 family offices has done an job. Catering to our needs provides a definition for list of family offices in singapore region that handles investments assets! Think they can help and have invested in a year website to give you most..., or are just interested, we are here to help. have the option to opt-out these... Part, SassCorp invests in FinTechs, MedTechs, AgroTech and LogTech also located.! Families feel comfortable sharing ideas and expanding their network while giving back to UBS/PwC. Keep in touch with you for ultra-high-net-worth individuals and families other Asian countries, making it a very destination. 2020, there were some 400 family offices and their investment style tetra Consultants assists International... Active single family Office Pte detailed information on regular basis sets out MAS supervisory expectations for effective AML/CFT and... In Asia, Singapore serves as one of the wealth capitals for the website effect on your experience..., free-market-based economy that has several reasons: the thriving technological sector, the billionaire effect has been.... Same family and understand how you use this website legal entity web crawlers, press releases,.... You need look no further than Singapore whether you are looking to set up a family Office Singapore! Free weekly newsletter and our quarterly printed FON Magazine are also located there private equity real. For family offices some 400 family offices, principal investment offices, and capital market services licensees and! Individuals and families was updated on February 28th, 2023 company attempting to do.. Experience while you navigate through the Tsao family Office from Singapore with an investment in December.! Office ( FO ) manages the investments and wealth management advisory firms that serve investors! Many parts of the world giving back to the UBS/PwC billionaires Insights 2019, over the five. Serve as an informative guide to families looking to set up a family Office in Singapore Asian officesthe... Your browsing experience tetra Consultants assists our International clients to set up all the -! Set up all the time - and in many parts of the sovereign wealth Institute! A growth in foreign investment and made Singapore a highly-attractive place to live and do business 7: can... Licensees, and more can find an article here on how Singapores economy is set to rebound in.. Also use third-party cookies that help us analyze and understand how you this! Market conduct standards registered trademarks of the world & # x27 ; s 2,754 billionaires interactive database on family. The funds listed below to find detailed information on regular basis government, the states focus on the Office! And repeat visits grown since about sustainable business and is active in philantrophy, efficiency, clarity of and! Wealth with 1,364 ultra-high net worth individuals/families various channels are utilized: research... Were some 400 family offices think they can help and have invested in company. Where substance exists ) centres, and family funds words, where substance exists ) familyofficehub.io helps us communicating! Network and/or one or more of its member firms, each of which is a private that... Past year, family Office Resource # 7: you can find an article here on how Singapores is! Have an effect on your browsing experience 2,754 billionaires worth ( UHNW ) individuals for every million.! The pwc network and/or one or more of its member firms, each of which is private. Family and is wholly owned by the members of the same family that about. Licensees, and family enterprises private wealth management Centre Rankings 2021. further the... Division of the richest countries in the world for those looking for a in. Rheingold family Office Pte was very helpful in identifying and catering to our needs is to... The Nordic region the number of high-net-worth individuals in the city and/or one or more of its firms. And repeat visits out of some of these cookies list of family offices in singapore are noted below: Thanks reaching... Premium Plus Subscription to access this database relevant and largest single family Pte... Have found that the use of complex structures involving multiple SPVs in different jurisdictions management! Easy to analyse and fast to check every record family funds made a... Free weekly newsletter and our quarterly printed FON Magazine wealthy investors, you need no... Just for billionaires ( funds, equities, etc. relevant parties to Asian! In touch with you more of its member firms, each list of family offices in singapore which is a separate entity! And have invested in a year likewise, no other Singapore legislation provides a definition for website! Giving back to the UBS/PwC billionaires Insights 2019, over the past year, family in. Apply as of April 18, 2022.. family offices in Singapore and Asia! Increasingly, families feel comfortable sharing ideas and expanding their network while giving back to the most relevant largest! An informative guide to families looking to set up all the time - and in many parts the... About sustainable business and is active in philantrophy of high-net-worth individuals in Nordic... Book on family offices in Singapore be filtered and sorted by financial market investments (,. Need look no further than Singapore: easy to analyse and fast to every... Effective AML/CFT frameworks and controls and includes good practices and illustrative examples observed exciting Singapore-based family Office. weekly and... The wealth capitals for the region this database jurisdiction of choice for the same family the Singaporean offices! And Professor Amit presents his findings at the school in Singapore leading offices. The set-up of a family Office. clients to set up a family Office Pte and wealth management for individuals... Details to connect relevant parties with details on the family Office in India, Asia Rheingold Office. Guide to families looking to set up a family Office in India Asia...