Boston Consulting Group projects Singapore’s cross-border wealth will reach $3.3 trillion by 2030, reflecting the city-state’s expanding role in global wealth flows as Asia’s financial wealth grows and booking activity consolidates.
Wealth booked in Singapore rose 10.3% in 2025 to about $2.1 trillion, BCG said in its Global Wealth Report 2026. The firm expects an average annual increase of about 9% from 2025 through 2030. Those figures are projections, not realized future results. BCG converts local-currency wealth into dollars using year-end exchange rates.
The report estimated global cross-border wealth at $15.7 trillion in 2025, an 8.4% increase from the previous year. BCG links the expansion of booking centers to Asia’s growing financial wealth and says Singapore has benefited from safe-haven flows amid U.S.-China tensions.
BCG describes Singapore as Asia’s most diversified wealth hub, pointing to its connections between Asian and Western markets, more than 2,000 single-family offices and over 100 independent wealth-management firms. The report groups Singapore and Hong Kong as hubs serving wealth from mainland China, India and Southeast Asia. It says Switzerland, the United States and the United Kingdom serve clients from Europe, the Middle East and Latin America.
Julius Baer says its Singapore office grew from 34 colleagues in 2006 to more than 1,000, making it the bank’s second-largest location outside Switzerland. The Straits Times reported that the office serves clients in more than 25 markets.
Jimmy Lee, Julius Baer’s Asia region head, told The Straits Times that Singapore’s rise as a wealth-management center has reflected changes in wealth across Asia.
