A DBS-backed family office platform has reached a significant milestone, hitting $780 million in assets under management. The platform, which provides wealth management services to high net worth individuals and families, is expected to double its assets to $1.6 billion by the end of 2026.
The growth of the platform is a testament to the increasing demand for family office services, particularly in Asia where wealth creation is on the rise. Family offices are private wealth management firms that cater to the financial needs of high net worth individuals and their families, providing a range of services including investment management, tax planning, and philanthropy.
The DBS-backed platform is well-positioned to capitalize on this trend, given its strong track record and expertise in wealth management. DBS, one of the largest banks in Southeast Asia, has a long history of providing financial services to high net worth individuals and families, and its backing of the family office platform is a strategic move to expand its offerings in this space.
The platform’s growth is also driven by its ability to provide customized solutions to its clients, who are increasingly seeking more sophisticated and tailored investment strategies. With a strong team of experienced investment professionals and a robust infrastructure, the platform is able to offer a wide range of investment products and services, including private equity, real estate, and hedge funds.
Moreover, the platform’s focus on Asian markets is a key differentiator, as many family offices are looking to invest in the region’s growing economies. The platform’s expertise in Asian markets, combined with its global reach and network, makes it an attractive option for families looking to diversify their investments and tap into new opportunities.
Overall, the DBS-backed family office platform’s achievement of $780 million in assets under management is a significant milestone, and its expected growth to $1.6 billion by the end of 2026 is a testament to the increasing demand for family office services in Asia. As the wealth management landscape continues to evolve, the platform is well-positioned to capitalize on this trend and provide high net worth individuals and families with customized and sophisticated investment solutions.
The platform’s success can be attributed to its ability to adapt to the changing needs of its clients, who are becoming increasingly sophisticated in their investment approaches. By providing a range of services and investment products, the platform is able to meet the diverse needs of its clients, from wealth preservation to wealth creation. With its strong track record and expertise in wealth management, the DBS-backed family office platform is expected to continue its growth trajectory and remain a leading player in the family office space.