Singapore Wealth Report 2015 market research says number of Singaporean HNWIs is forecast to grow by over 18%, to reach under 188,000 in 2019, while HNWI wealth is projected to grow by less than 28%, to reach over US$1 trillion by the same year.

There were 154,189 HNWIs in Singapore in 2014. These HNWIs held US$806.3 billion in wealth. The volume of Singaporean HNWIs rose by 2.1% in 2014, following an increase of 2.3% in 2013. Growth in HNWI wealth and numbers is expected to improve over the forecast period. The number of Singaporean HNWIs is forecast to grow by 18.3%, to reach 187,975 in 2019, while HNWI wealth is projected to grow by 27.6%, to reach US$1.1 trillion by the same year.

Companies featured in the Singapore wealth report 2015 include UBS Wealth Management, Citi, Credit Suisse, HSBC Private Bank, Deutsche Asset and Wealth Management, Julius Baer, JP Morgan Wealth Management and Morgan Stanley Wealth Management.