Creating a robust family governance structure
Christian Stewart of Family Legacy Asia explains how families can put in place a solid and sustainable governance system for family-owned businesses, to ensure their smooth running and avoid conflict.
Christian Stewart of Family Legacy Asia explains how families can put in place a solid and sustainable governance system for family-owned businesses, to ensure their smooth running and avoid conflict.
Barbara R. Hauser of Barbara R Hauser LLC explains the various planning considerations and challenges for families when trying to ensure smooth governance and wealth transfer.
Bernard Rennell, chief executive officer, North Asia, global private banking, and global head of private wealth solutions at HSBC Private Bank, discusses the bank’s approach to – and the increasing significance of – tax structuring and trusts for local clients.
In line with the many regulatory, tax and general transparency-driven developments globally, there is a growing focus within Asia’s advisory community on how to make the best use of trust structures as part of the various wealth planning options available to high net worth (HNW) clients.
One of the most notable obstacles to capitalising on the growing need for wealth planning for Asia’s ever-wealthier and increasingly international families continues to be education – at both the adviser level as well as for high net worth (HNW) clients.
Christian Stewart of Family Legacy Asia explains the various issues and needs of wealthy families in the region, especially overseas Chinese families, and looks at how patriarchs should approach succession planning.
In line with the many regulatory, tax and general transparency-driven developments globally, there is a growing focus within Asia’s advisory community on how to make the best use of trust and other structures as part of the various wealth planning options available to HNW clients.
One of the biggest strategic opportunities for the wealth management industry in the long-term lay in its ability to service the increasingly urgent and complex needs of HNW clients in relation to succession planning and inter-generational wealth transfer. But only if they can overcome the main blockage at both the client and RM levels – education.
Nigel Rivers, managing director of TMF Group in Hong Kong, and the regional director of private clients in Asia Pacific, outlines how the increasing focus on inter-generational wealth transfer and the many considerations around planning for future generations is influencing how HNW clients today are thinking about how they manage and plan their wealth.
Bernard Fung, head of family office services and philanthropy advisory within Credit Suisse’s private banking division in Asia Pacific, talks to Hubbis about the increasing realisation and action by HNW clients – and especially family business founder-leaders – in relation to succession planning.
Bernard Rennell, chief executive officer, North Asia, global private banking, and global head of private wealth solutions at HSBC Private Bank, explains the bank’s approach to wealth planning, and reveals what it does to build trust with its clients to get them to open up about their succession planning needs.
Jonathan Hubbard of UBS Wealth Management explains why wealth planning is increasingly important and relevant in Asia, and the role it plays within wealth management.
Fan Choi of Coutts discusses the drivers for the increasing focus in Asia on the need for wealth planning, and looks at some of the trends in the tools and structures being used.
Rita Ku of Withers explains some of the key proceedings and factors in relation to getting divorced in Hong Kong, and looks at the implications of the landmark ML v YJ case – especially in terms of divorce tactics.
Rita Ku of Withers explains the main features, characteristics and content of pre-nuptial agreements, and looks at some common misconceptions.
Rita Ku of Withers explains the trends and applications of pre-nuptial agreements, especially given the increasing number of divorces, and looks at how the courts view these agreements.
Marcus Leese of Ogier looks at the main reasons why many wealthy individuals and families don’t engage in effective wealth planning, and at the dangers this poses, and also explains how to overcome this.
Rita Ku of Withers discusses the various issues and considerations around the use and role of trusts in terms of divorce proceedings and related court hearings.
Markus Grossmann, managing director of Trident Trust in Singapore, talks to Hubbis about some of the main trends and opportunities in wealth planning in Asia, and explains the need for greater education and knowledge to address current shortcomings.
Peter Triggs, managing director, and head of international clients and wealth structuring at DBS Private Bank, explains to Hubbis the many considerations for clients around ensuring they get the most appropriate advice on their wealth planning needs.
Relationship managers must be more proactive around helping their clients tackle thorny issues such as death, divorce and disputes in creating suitable plans for wealth transfer and general estate planning.
Peter Triggs, managing director, and head of international clients and wealth structuring at DBS Private Bank, explains to Hubbis how Swiss private banks – and the industry generally – should redefine value propositions and engage Asia in a more meaningful way.
Andrew Miller, partner and global head of trust at Walkers, and Lee Syin Long, head of trusts for Walkers in Asia, talk to Hubbis about how advisers and clients should think about structuring their assets in a more burdensome environment.
Alex Cho, managing director at Intertrust Group in Hong Kong, talks to Hubbis about the increasing interest in trusts from wealthy mainland Chinese as part of the realisation of the value of proper estate and succession planning – and explains how to make the most of this business opportunity.
Nigel Rivers, TMF Group’s managing director in Hong Kong, and regional director of private clients for the firm in Asia Pacific, explains to Hubbis why the firm is well-positioned to prosper in an environment of greater complexity – but one which requires a tailored and independent approach yet with sufficient global scale.
High net worth Indians can invest abroad and obtain residency and citizenship to achieve their financial and non financial goals, says Prashant Ajmera of Ajmera Capital.
William Ahern, principal of Family Capital Conservation, looks at some of the issues and risks which can arise in structures which fulfill the desire by clients to retain as much control as possible over a trust – and explains how to tackle these effectively.
Peter Golovsky, managing director and global head of private clients at Amicorp Group in Hong Kong, explains what today’s increasingly transparent and compliant world means for fiduciary services, and for the role of advice in wealth planning.
Thomas Henze, chief executive officer of Swiss Life in Singapore, explains the role and application of investment-linked insurance solutions as a key component of wealth structuring in areas such as succession planning, asset protection and tax optimisation.
Martin Crawford, chief executive officer at OV Group, explains how he sees the role of wealth planning evolving, especially relating to cross-border advice, including the appeal of different jurisdictions and structures.