Family Office Services in Singapore: Why the Wealthy Use Introducers
A New Kind of Wealth Management is Emerging in Singapore
You’ve built wealth. Not overnight, but through vision, risk, grit—and smart decisions.
But as your assets multiply, so do the complexities:
Taxation across jurisdictions
Private equity vs. philanthropy
Succession planning, investment mandates, offshore structures
At this level, spreadsheets and part-time advisors just don’t cut it anymore. That’s where family offices step in. And in Singapore, the family office ecosystem has exploded—with a powerful, lesser-known tool behind many of them: the financial introducer.
Singapore’s Rise as a Family Office Capital
Let’s talk numbers. In 2017, Singapore had fewer than 100 family offices. By 2023, that number skyrocketed past 1,100 and is expected to cross 1,500 by 2026, according to MAS and industry estimates. This is a 15x growth within 10 years.
Why?
Political stability
Favorable tax incentives
Strategic location in Asia
Progressive wealth regulations
This increase has seen Singapore emerge as one of the three leading family offices in the world together with New York and Zurich.
What Exactly Is a Family Office?
A family office is a personal, non-regulated organization that oversees the financial, investment, and estate planning concerns of ultra-high-net-worth (UHNW) individuals or families. It can include:
Investment management
Tax planning
Succession & estate planning
Philanthropy
Legal compliance
Lifestyle management (yes, even luxury travel or concierge services)
Most of the family offices are established by introducers, i.e. intermediaries that introduce UHNW clients to the most competent service providers, law firms, private banks, and fund houses available in the market.
Real Story: Why Wei Han Chose a Family Office via an Introducer
In 2022, Wei Han, a 46-year-old Hong Kong entrepreneur sold his technology company and moved his family to Singapore. He started working at a private bank owing to his assets of 80 million dollars.
But he grew frustrated:
“Every recommendation came with a sales pitch. I didn’t need more products—I needed a plan.”
Through a trusted introducer, he was connected to a bespoke family office structure. It included a trust lawyer, independent asset managers, and a firm specializing in private equity deal flow in Singapore and Indonesia.
“Now, I’m not just preserving wealth. I’m building a multi-generational platform.”
Why Do the Wealthy Use Introducers?
Think of introducers as wealth architects. They may not manage your money directly, but they build the access that makes managing wealth possible—and strategic. These are independent, and product-neutral, in that they are not affiliated with any specific institution. It makes solutions available to clients to address more of their problems than what a bank or firm is willing to sell.
Curated access is also provided by introducers. They have strong, longstanding ties to private banks, legal specialists, and family office providers, which are not offered publicly.
Introducers bring fast and efficient services when time is key. Licensing, cross-border immigration, and tax structuring can be like a maze during MAS. With the help of introducers, you do not have to go through the confusion but proceed with understanding. Above all, they put a priority on confidentiality. Sensitive family matters and large portfolios are treated as sensitively and professionally as possible.
Indeed, even the most successful family offices in Singapore currently with a portfolio of more than 100 million, started by relying on only one introducer in order to get on the right track.
Family Office Setup in Singapore: What You Need to Know
According to MAS family office requirements, the typical process involves:
Minimum AUM: S$10M to S$200M+ depending on the structure
13O/13U Tax Incentives: For qualifying fund structures
Fund management license exemptions
Minimum local investment and hiring criteria
However, this is where most UHNW folks slip up: selecting the ideal structure, team, and service providers. Here, a qualified introducer comes in.
Benefits of Family Office Services in Singapore
Whether you’re a founder, investor, or inheritor, setting up a family office in Singapore can offer:
Tax optimization across local and international jurisdictions
Legacy planning with structures that last generations
Access to private deals is not available to retail investors
Centralized asset management
Legal and governance alignment
And when done right, it protects your privacy while maximizing your control.
Introducing Ascendant Globalcredit Group
At Ascendant Globalcredit Group, we’re a boutique financial introducer trusted by business families, tech founders, and cross-border investors for one clear reason—we make things happen, quietly and efficiently.
We help clients establish Singapore-based family offices, then match them with vetted service providers that align with their needs and values.
From private investment opportunities to trusted tax and legal experts, we bring together the right professionals to support long-term wealth preservation.
We also support the setup of bank accounts, fund structures, and trusts, making complex setups feel seamless.
We’re not a bank. We’re not financial advisors.
We’re your financial access partner—neutral, strategic, and discreet.
Final Thoughts: Access Is the New Alpha
In today’s world, access matters more than just returns. Access to the right bankers, legal advisors, investment platforms, and structures is what separates the wealthy from the wise.
Setting up a family office in Singapore isn’t just for billionaires anymore. With the right introducer, you can build a lean, compliant, and future-ready structure starting from S$10M+ in assets.
At Ascendant Globalcredit Group, we help you move from complexity to clarity—with access, not sales pitches.
Ready to explore your family office strategy?
Book a consultation today with our wealth team and begin your legacy journey.
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Because complexity increases with wealth, family offices help manage investments, estate, taxes, and succession—all in one place, giving them control, security, and long-term structure.
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Singapore offers tax incentives (13O, 13U), a strong rule of law, a stable economy, and geographical access to APAC markets, making it ideal for wealthy families to base their operations.
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You gain privacy, multi-generational planning, tax efficiency, access to exclusive deals, and a personalized team managing your wealth and legacy.
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They preserve and grow wealth by investing in diversified portfolios—often including private equity, real estate, VC funds, and global asset classes—based on family goals.