WMI Announces Measures to Deepen Engagement of Family Offices in Singapore, Building on Doubling Demand for WMI’s Family Office Programmes and Forums to Over 3,000 in Past Year

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SINGAPORE – Media OutReach – 12 September 2023 – The Wealth Management Institute (WMI) has introduced two new initiatives to further deepen engagement of family offices in Singapore at the annual Global-Asia Family Office (GFO) Circle Summit, held on 11 and 12 September 2023 at The St Regis Singapore. Deputy Prime Minister and Coordinating Minister for Economic Policies, Mr Heng Swee Keat was the Guest of Honour for the Single Family Office Forum on the second day. The initiatives come on the back of a twofold surge in demand in WMI’s family-office related programmes and forums.

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About Wealth Management Institute

Established in 2003, the Wealth Management Institute (WMI) is committed to building capabilities for investing in a better tomorrow. Founded by GIC and Temasek, our vision is to be Asia’s Centre of Excellence for wealth and asset management education and research. WMI is appointed as Singapore’s Lead Training Provider for Private Banking by the Institute of Banking and Finance Singapore (IBF) and supported by the Monetary Authority of Singapore (MAS). WMI also helms the Global-Asia Family Office Circle, a network platform that fosters a trusted environment to build capabilities and community in the family office sector.

WMI provides a comprehensive suite of practice-based certification and diploma programmes and collaborates with leading universities for Master’s qualifications. With over 20,000 annual enrolments, WMI provides training in asset management, wealth management, family office, compliance and risk management across more than 100 programmes.

About WMI’s Family Office Discovery Series

The Family Office Discovery Series, developed by WMI with support from EDB and MAS, aims to deepen integration among family offices in Singapore. It aims to help family offices:

    1. Understand the local investment and social impact landscape so that they can home in on areas of interest and fast track engagement.
    2. Become active members of our venture community and be connected to promising research and tech innovations by Singapore’s start-up communities and research institutes, with opportunities to support scaling of promising new ideas.
    3. Build new networks in Singapore and find like-minded, trusted partners for co-investments.

Through the Series, family principals and single family offices are given exposure to a spectrum of opportunities as well as peer sharing from other family offices. Individual ‘Discovery Sessions’ will be held on a regular basis throughout the year, starting with two session during October 2023.

About WMI’s Family Office Risk Management and Controls Programme
The Family Office Risk Management and Controls Programme is an upcoming programme that aims to build capabilities in the family office ecosystem, to maintain and safeguard Singapore’s position as an international financial centre with high standards of transparency and compliance risk management and controls. The programme will enable participants to understand the regulatory environment for family offices, examine key legal and regulatory risks and identify solutions to mitigate these risks.

This programme is relevant for parties within the family office ecosystem including financial institutions servicing family offices, wealth managers, law firms, trust companies as well as family office professionals, advisors and partners.

To register interest in the Family Office Risk Management and Controls Programme, visit: .