Growth of family offices in Singapore: Withersworldwide

Wealth is being created at a remarkable pace in Asia, particularly over the last decade. This has fuelled the growth of family offices in Asia which are established to help the ultra-high net worth (UHNW) families manage their wealth and also to prepare for the transition of wealth to the next generation.

In a commentary by Stacy Choong, Stephen Banfield and Yong Sheng Hon from Withersworldwide, they share why Singapore is a top choice for Asian families seeking to set up their family offices.

They also discuss the factors that have contributed to the city-state’s growth in the family offices markets and expand upon the range of family office-related services and initiative offered. This article was first published in The International Family Offices Journal, published by Globe Law and Business.

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