Managers of Wealth

Family office investment in real estate poised to increase

But it’s not all about megafunds—middle market funds will also soon be taking advantage of opportunities in this recovery.

Global Family Office 2024 Survey Insights

The survey was subsequently released to Citi Private Bank’s global family office clients for input.

Family offices open overseas branches in global rush

Accommodating internationally mobile family members and increasingly complex portfolios are among the main factors driving firms overseas, according to the Ocorian survey

Global family offices open more physical offices in different jurisdictions

But 57% said more offices were needed as investment portfolios have diversified or become more sophisticated and 41% have done so in response to risk posed by geopolitical issues.

Luhut Attracts Ray Dalio and Porsche Family to Establish Family Offices in Bali

The meetings were part of a government effort to attract foreign wealth and bolster the national economy.

Single family offices reach 1,650 as wealth management sector booms

Wealth management AUM grew by over 8% in 2023, continuing its upward trend, with a five-year compounded annual growth rate of around 10%.

"Building a Stronger Tomorrow: Family Offices in our Flourishing Wealth Management Landscape" - Speech by Mr Chee Hong Tat

The family office community in Singapore is a vibrant and growing space.

Creating the Family Office Framework: Three Keys to RIA Success

Clients increasingly expect white-glove concierge services from their advisors.

Singapore Adds Hundreds of Family Offices in 2024

In total, 1,650 single family offices have been awarded tax incentives, up from 1,400 at end-2023 and 400 in 2020.

Deutsche's Rocchi 'not into loss leaders' on family office business

Private banks need to ensure family offices clients are profitable and not just sat in cash, says Deutsche's head of ultra-high-net-worth individuals and family office investment advisory, emerging markets.

Experimentalness: Is This The Key To Family Office Innovation Across Generations?

The real task with intergenerational wealth is navigating the complex values, ambitions, and approaches that each generation brings to the table.

Singapore’s wealth management sector growing, as single family offices balloon to 1,650

An SFO manages assets belonging to only one family.

Family offices confident recent growth in wealth will continue

More than nine in ten (92%) of those who have seen asset values increase expect even more growth over the next five years with 48% expecting dramatic increases.

Geopolitical risk prompts family offices to diversify investments

Municipal bonds tend to be very liquid instruments and are exempt from federal tax but can also be exempt from state and local taxes.

Family offices poised to outgrow hedge funds

The rise of family offices reflects two broader economic trends: technology and globalization, both of which have increasingly led to wealth being concentrated at the top.

Opportunities for S’pore as family offices look to hire outside talent amid wealth transfer to heirs

In-depth interviews were also conducted with 15 senior family office executives in the region.

Ultra-wealthy pinpoint Gulf to set up family offices

Wealthy individuals in North America and Asia are increasingly investigating setting up family offices in the Middle East as they seek to take advantage of the growth opportunities in the region and the Gulf’s desire to increase foreign direct inves

Crestbridge Rising Star Recognised in National NextGen Leaders List

Stephanie has over 11 years’ experience in dealing with complex and sensitive structures on behalf of global families.

McKinsey: Hong Kong & Singapore have 4,000 single-family offices

Banks, MFOs, insurers and WealthTechs will have a role to play in supporting Asia family offices through a period of historic wealth transfer.

Asia–Pacific’s family office boom: Opportunity knocks

UHNW families are expected to account for about 60 percent of the total wealth transfer (Exhibit 1), and many are setting up family offices to facilitate the process.