Family offices in the Asia-Pacific region, including Singapore, are increasingly turning to external professionals to manage their operations, especially as wealth transitions to the next generation. Deloitte and Raffles Family Office’s report highlights that family offices are seeking talent from financial services, consulting, and accounting fields, with a particular focus on bridging generational gaps. This shift is driven by the need to professionalize management and adapt to the changing preferences and skill sets of younger generations.

As generational wealth transfer accelerates, a growing number of family offices are hiring outside experts to help navigate evolving investment strategies, particularly in sectors like real estate and digital assets. The report predicts this trend will intensify over the next decade, as many Asia-Pacific families face leadership transitions. Singapore is seen as a key hub for these family offices, benefiting from its stable environment and professional services ecosystem.