The Institute of Banking and Finance Singapore (IBF) and the Monetary Authority of Singapore (MAS) has launched a skills map for family office advisors to deepen specialist skillsets, in order to better serve Singapore’s growing family office ecosystem.

The Family Office Advisor Skills Map sets out the skills and competencies that professionals advising family offices should possess, such as wealth planning administration and corporate governance.

Meanwhile, the Family Office Advisor role will expand the career pathway for private banking relationship managers under the Skills Framework for Financial Services.

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