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

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Chee Hong Tat said the sector could grow further through philanthropy, investing, and talent building. Single family offices (SFOs) in Singapore have surged to 1,650 by the end of August, reflecting robust growth in the country’s wealth management sector. From 400 SFOs receiving tax breaks from the Monetary Authority of…

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Click here to read the full story: Singapore Business Review

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