Singapore Family Offices Market Growth Insights, Trends and Report 2025-2033

According to the latest report by IMARC Group, titled “Singapore Family Offices Market Size, Share, Trends and Forecast by Type, Office Type, Asset Class, Service Type, and Region, 2025-2033,” the report presents a thorough review featuring the Singapore family offices market growth, share, trends, and research of the industry.

Market Size & Future Growth Potential:

The Singapore family offices market size reached USD 89.17 Million in 2024 and expects the market to reach USD 128.69 Million by 2033, exhibiting a growth rate (CAGR) of 4.16% during 2025-2033.

Latest Market Trends:

The market of family offices in Singapore is experiencing a fundamental shift in its investment philosophy. It is no longer centered purely on wealth preservation but rather aims to implement impactful and thematic strategies that are in line with the environmental and social concerns of the day. One of the most prominent changes in the composition of investment portfolios is the major application of ESG criteria.

Rich families are more and more matching their money with their beliefs, providing the money to sustainable technologies, green energy, and social enterprises in order to create a legacy that will last. This change of perspective is not only a matter of principle but it is considered indispensable to the long-term, risk-adjusted returns in a world economy that is changing rapidly.

On top of that there is a clearly marked trend of homecoming of the new era's leaders, i.e., the younger generation of family members getting power to bring along their digital-native outlook. The influence of them on the adoption rate of digital assets technologies like blockchain and tokenization is exponential. What is more, it is this involvement that actively brings disruptive technologies like AI and fintech to the forefront of the family members' interest.

In addition to it, families are revealing a strong inclination towards direct investments and co-investment opportunities. They look for more control, transparency, and compatibility with their particular strategic objectives instead of just using traditional fund structures. With this trend, there is also a more pronounced and sophisticated approach to succession planning whereby family offices use legal and governance structures to guarantee seamless transitions and the preservation of family harmony for the next generations.

The proficiency to handle the intricacies of this complicated terrain makes Singapore a prime center for the most qualified professionals and the providers of specialized services.

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Market Scope and Growth Factors:

The massive growth of the family offices market in Singapore has been driven by a combination of powerful and deliberate growth drivers where the city state's political and economic stability stands out as the base or the main pillar of the structure. Such stability is like giving off a vibe that you can do the money management in a large and long lineage-based wealth in a very safe and predictable environment. Hence, it attracts regional and global capitals that look for a safe haven.

One of the biggest reasons is the highly developed and transparent regulatory framework of Singapore which is under the supervision of the Monetary Authority of Singapore (MAS). It offers a good understanding to investors and at the same time strong investor protection. The regulatory body has made it easier through the grant schemes and clear licensing route for family offices, a move that shows forward-thinking management of this sector.

Moreover, Singapore's fascinating tax regime that consists of various exemptions on certain types of investment income is a very significant factor to the increase of net returns and to the ease of cross-border wealth structuring for complex family holdings.

Then the city state is holding the amazing number of the most reputable world-class banks, law firms, and other professional service firms, who do business under the most stringent international rules and regulations in the world. This holistic environment offers family offices a direct line of access to top industry experts, and that is true for everything from managing the portfolios to doing legacy planning and philanthropy.

Furthermore, the location of Singapore is very advantageous as it is the main access to high growth economies in the South-East Asia region. Therefore, the families have nothing like this to be close to and have easy access to new investment opportunities, and this way, Singapore is making it sure that it is the number one regional headquarters in Asia for the management of dynastic wealth.

Recent News and Developments:

• In January 2025, Singapore's family office sector achieved a historic milestone with over 2,000 single family offices established in the country, marking a 43 percent year-on-year increase from 2023's figure of approximately 1,400 offices. This record growth occurred despite increased regulatory scrutiny following earlier concerns, demonstrating the sector's resilience and Singapore's enduring appeal.

• Around 600 new single family offices were launched in Singapore during 2024, more than doubling the 300 additions recorded in 2023. This acceleration indicates strengthening momentum and reflects enhanced confidence in Singapore's wealth management ecosystem among global ultra-high-net-worth families.

• The Monetary Authority of Singapore announced streamlined processes to reduce waiting times for tax incentive applications, with a new three-month target approval timeframe for well-prepared applicants. This initiative responds directly to industry feedback and aims to enhance Singapore's competitiveness against other global wealth management centers.

• The Wealth Management Institute launched two flagship programs in 2024: the Changemaker Impact Endeavour Fellowship Programme supporting Asia's philanthropists, and the Dalio Investment Principles programme focused on strengthening portfolio management capabilities among family office professionals and principals.

• Singapore introduced ImpactSG in November 2024, a new initiative that has already engaged over 100 individuals and wealth owners to facilitate contributions through specially designed programs, including initiatives supporting neighborhood schools. This reflects the government's commitment to encouraging family offices to contribute meaningfully to local society.

• The Philanthropy Asia Alliance, launched by Temasek Trust in 2023, has amassed over SGD 1 billion in pledges from more than 80 global members and partners, including prestigious foundations. This collaborative platform is catalyzing family office participation in philanthropic activities across the region.

• Research indicates that 42 percent of family offices in Asia-Pacific are now engaged in sustainable investing, with 29 percent of their portfolios dedicated to sustainability—representing a 4 percent increase from previous years and exceeding the global average, highlighting the region's leadership in ESG integration.

Comprehensive Market Report Highlights & Segmentation Analysis:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Singapore Family Offices Market Share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

Segmentation by Type:

• Single Family Office

• Multi-Family Office

• Virtual Family Office

Segmentation by Office Type:

• Founder's Office

• Multi-Generational Office

• Investment Office

• Trustee Office

• Compliance Office

• Philanthropy Office

• Shareholder's Office

• Others

Segmentation by Asset Class:

• Bonds

• Equalities

• Alternatives Investments

• Commodities

• Cash or Cash Equivalents

Segmentation by Service Type:

• Financial Planning

• Strategy

• Governance

• Advisory

• Others

Segmentation by Region:

• North-East

• Central

• West

• East

• North

Competitor Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.

Explore the Full Report with Charts, Table of Contents, and List of Figures: https://www.imarcgroup.com/singapore-family-offices-market

Key highlights of the Report:

• Historical Market Performance

• Future Market Projections

• Impact of COVID-19 on Market Dynamics

• Industry Competitive Analysis (Porter's Five Forces)

• Market Dynamics and Growth Drivers

• SWOT Analysis (Strengths, Weaknesses, Opportunities, Threats)

• Market Ecosystem and Value Creation Framework

• Competitive Positioning and Benchmarking Strategies

Major Advantages of the Report:

• This report provides market leaders and new entrants with accurate revenue estimates for the overall market and its key subsegments.

• Stakeholders can leverage this report to gain a deeper understanding of the competitive landscape, enabling them to strategically position their businesses and develop effective go-to-market strategies.

• The report provides stakeholders with valuable insights into the market dynamics, offering a comprehensive analysis of key drivers, restraints, challenges, and opportunities.

Why Choose IMARC Group:

• Extensive Industry Expertise

• Robust Research Methodology

• Insightful Data-Driven Analysis

• Precise Forecasting Capabilities

• Established Track Record of Success

• Reach with an Extensive Network

• Tailored Solutions to Meet Client Needs

• Commitment to Strong Client Relationships and Focus

• Timely Project Delivery

• Cost-Effective Service Options

Note: Should you require specific information not included in the current report, we are pleased to offer customization options to meet your needs.

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About Us

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