At Crown Heritage (CH) Singapore, we offer a comprehensive suite of services to help individuals, families, and businesses manage, grow, and safeguard their wealth. Our expertise covers Family Office registration in Singapore, business transfer and succession planning, estate and inheritance tax planning, private foundation and trust setup, as well as customised private wealth management and protection strategies.
With a commitment to clarity, structure, and long-term vision, our Singapore team delivers practical, tailored solutions—empowering you to navigate complex financial landscapes with confidence and compliance.
Family office services in Singapore offer bespoke solutions for high-net-worth individuals and families, helping them manage financial and personal affairs with structure, efficiency, and discretion. Acting as a central hub, a family office oversees wealth management, succession planning, tax compliance, legal coordination, and even lifestyle needs.
Typical services include:
Asset and investment management
Succession and estate planning
Tax advisory and regulatory compliance
Philanthropy, trust, and foundation setup
Governance and management of family-owned businesses
By uniting these services under one roof, a family office in Singapore provides a complete overview of a family’s wealth and objectives—ensuring that financial strategies, legal structures, and generational plans work seamlessly together.
Many high-net-worth individuals who operate across borders, including those with assets or business interests in Malaysia, benefit from having a Singapore-based family office coordinate their wealth management strategies regionally. Whether operating as a single-family office or a multi-family office, the mission remains consistent: to protect and grow wealth for future generations with clarity, confidence, and control.
Each component is vital to a Family Office’s mission—to centralise, safeguard, and grow family wealth across generations through a strategic and well-structured approach.
Family Office registration is the first step in establishing a robust framework for managing your family’s wealth and affairs in Singapore. This formal setup creates a dedicated entity to oversee every aspect of your financial and personal matters—including investments, tax planning, estate structuring, and philanthropic initiatives.
Our team guides you through the entire process, from entity structuring and meeting MAS regulatory requirements to operational planning—customised to your goals, whether you choose a single-family office or a multi-family office model.
Succession planning is a crucial step for families and business owners in Singapore who want to transfer leadership, ownership, or assets seamlessly and in a tax-efficient way.
We work with business leaders and family enterprises to design clear, strategic transition plans—whether that means grooming the next generation, restructuring ownership, or preparing for a business sale. Our approach ensures future generations are equipped to lead while preserving the legacy and values of the family. By addressing operational, legal, and family considerations, we help secure long-term stability and continuity.
Estate and inheritance tax planning is all about safeguarding your wealth from unnecessary tax burdens when passing it on to your heirs or beneficiaries.
Our team helps you structure your estate to minimise tax exposure while ensuring assets are distributed smoothly and according to your wishes. This may involve the use of wills, trusts, cross-border strategies, and other legal tools designed to protect and preserve the value of your estate—so that future generations can fully benefit from your legacy.
Private foundations and trusts are effective solutions for preserving wealth and creating a lasting impact through purposeful giving.
Whether you aim to support charitable causes or safeguard family assets, we help establish legal structures that are compliant, sustainable, and aligned with your long-term vision. Our services cover foundation registration, trust structuring, and ongoing administrative support—ensuring transparency, control, and continuity for generations to come.
Private wealth management extends far beyond investment advice—it is a holistic approach that combines financial goal setting, risk management, asset protection, and legacy planning.
We collaborate closely with you to design customised strategies that address both personal and business financial priorities. This includes portfolio structuring, insurance solutions, offshore and onshore asset safeguarding, and contingency planning—ensuring your wealth remains protected and adaptable through market shifts and life changes.
In Singapore, a High-Net-Worth Individual (HNWI) is typically defined as someone with investable assets of SGD 1 million or more. These assets may include cash, stocks, bonds, unit trusts, and other liquid financial instruments—excluding properties used for personal residence or business operations.
HNWIs in Singapore often include successful entrepreneurs, business owners, senior corporate executives, property investors, and individuals who have built substantial wealth through inheritance or long-term investments.
While the exact threshold can vary across financial institutions or jurisdictions, one thing remains constant: HNWIs require advanced financial planning, asset protection, and succession strategies to effectively manage and safeguard their wealth.
This is where Family Office services in Singapore come in—providing a centralised, customised approach to preserve, grow, and transfer wealth across generations with clarity and confidence.
For HNWIs, managing wealth goes beyond investment returns—it involves protecting assets, reducing risks, and ensuring long-term legacy planning. As wealth grows, so does the complexity of managing it. From tax regulations and cross-border considerations to business succession and lifestyle needs, a well-structured strategy becomes essential.
Family Office services in Singapore act as a central hub, bringing together wealth management, tax planning, legal advisory, and even personal concierge support under one roof. This integrated approach ensures that every aspect of a family’s financial and personal affairs works seamlessly together.
By consolidating these services, HNWIs benefit from:
Confidentiality and control over sensitive financial matters
Customised strategies aligned with personal and family goals
Efficient wealth transfer across generations
Proactive risk management to safeguard assets in a changing global landscape
In short, Family Office services are not just about managing wealth—they’re about creating a secure, strategic, and sustainable framework for the future.
When it comes to managing significant wealth, two common structures stand out—Single Family Office (SFO) and Multi-Family Office (MFO). While both aim to protect, grow, and transfer wealth across generations, they differ in ownership, cost, and the degree of personalisation.
An SFO is established to serve one family exclusively. It is fully owned and funded by that family, providing full control, privacy, and a tailored approach to wealth management, governance, succession planning, and legacy preservation.
This setup is best suited for ultra-high-net-worth families (typically with assets exceeding SGD 30 million or more) who require highly customised services and prefer to have a dedicated team managing every aspect of their affairs.
An MFO caters to several families under a single firm. It offers shared resources, infrastructure, and professional expertise, making it a more cost-effective alternative.
While the services may not be as bespoke as an SFO, MFOs still deliver robust support in areas such as investment advisory, estate planning, and family governance. This model is ideal for families who want expert wealth management without the expense of operating their own office.
The decision between an SFO and an MFO comes down to the family’s wealth size, complexity of needs, and preference for control versus cost-efficiency. Both models share the same ultimate goal—ensuring your wealth is managed strategically and preserved for future generations—yet they differ in how that goal is achieved.
Before establishing a Family Office in Singapore, it’s important to plan strategically and understand the key elements that will determine its success:
1. Define Clear Objectives
Identify the primary purpose of your Family Office—whether it’s managing multi-generational wealth, overseeing succession planning, handling complex investments, or driving philanthropic initiatives.
2. Choose the Right Structure
Decide between a Single Family Office (SFO) for full control and personalised service, or a Multi-Family Office (MFO) for shared resources and greater cost efficiency.
3. Understand Legal and Tax Requirements
Singapore offers attractive tax incentives for Family Offices, along with a stable regulatory framework. However, professional guidance is essential to ensure compliance, maximise tax efficiency, and meet Monetary Authority of Singapore (MAS) requirements.
4. Build the Right Team
A well-functioning Family Office depends on having the right talent—covering legal, tax, investment, governance, and administrative expertise.
5. Plan for Succession
Put structured succession plans in place to ensure a smooth transition of assets, leadership, and decision-making across generations—protecting the family’s legacy over the long term.
By addressing these factors early, families can create a robust Family Office structure that safeguards their wealth, supports their vision, and ensures smooth operations for decades to come.
A Family Office is a dedicated entity established to manage the full spectrum of a family’s wealth—covering investments, estate and succession planning, tax optimisation, governance, and even lifestyle management. It offers full control, independence, and highly personalised solutions tailored to the family’s specific needs and values.
In contrast, a Private Bank provides financial and investment services to high-net-worth clients but typically operates within the scope of its own products and services. While private banks can deliver expert portfolio management, their offerings are generally more limited in scope compared to the comprehensive approach of a Family Office.
The key difference lies in the breadth and independence of services:
Private Banks focus primarily on managing money and growing investment portfolios.
Family Offices take a holistic, long-term view—overseeing all aspects of wealth, legacy, and governance, often coordinating services across multiple institutions (including private banks) to ensure alignment with the family’s objectives.
In Singapore, many high-net-worth families use both—with the Family Office acting as the strategic hub, setting the direction, and engaging private banks to execute specific investment strategies.
Singapore is a leading hub for Family Offices due to its political stability, robust legal framework, attractive tax incentives, and strong financial infrastructure. The Monetary Authority of Singapore (MAS) offers specific tax exemptions, such as under the Section 13O and 13U schemes, to encourage family office establishment.
In addition, Singapore’s strategic location in Asia, world-class banking ecosystem, and reputation for confidentiality make it a preferred choice for high-net-worth individuals seeking to preserve and grow wealth across generations.
