DBS

Asian families building multigenerational wealth across borders face a structural problem: their financial, legal, and succession needs rarely fit within a single institutional offering. DBS Private Bank’s wealth planning division addresses this directly, providing private banking clients in Asia with an integrated suite of planning services that spans trust structures, tax planning, liquidity management, and family office formation, all coordinated under one banking relationship.

The division’s most distinctive product is the DBS Multi Family Office Foundry VCC, described as the world’s first bank-backed multi family office using Singapore’s variable capital company structure. This gives ultra-high net worth families a structured entry point into Singapore without the cost and complexity of establishing a single family office from scratch. Beyond that vehicle, the wealth planning offering covers:

• Succession planning across residency and domicile jurisdictions
• Cross-border tax structuring for overseas investments and foreign-resident family members
• Philanthropy and impact investing frameworks, including charitable giving and social enterprise allocation
• Trust structures, with dedicated documentation available through the private banking portal
• Liquidity planning using life insurance instruments for contingency coverage

DBS has also published seven annual family office research reports since 2019, produced in partnership with the Financial Times, Bloomberg Media, and the Economist Intelligence Unit. These cover topics specific to Asian family offices, including Chinese diaspora governance, Indian diaspora succession, and next-generation investment priorities, giving clients a substantive research resource alongside banking services.

This offering suits UHNW families with primary wealth in Asia, particularly those using Singapore as a hub jurisdiction. Families requiring a technology-first platform for portfolio analytics or consolidated reporting across custodians will not find those tools here. Pricing is not publicly disclosed.