What it takes to serve families in Asia
While the family office model remains in its infancy in Asia, the region's wealthiest are increasingly turning their backs on private banks and embracing the concept of working with independent advisers that can meet the specific needs of their families, said panel members at Hubbis' Wealth Planning Forum 2013 in Singapore in early November.
The broader needs of wealthy clients
As the region's wealthy grow even richer, there is a need to provide more holistic advice that addresses the complex needs of the wider family. The question, though, is whether clients are willing to pay.
Realistic thinking: the future of family wealth
Valerie Wu, partner at Lee & Lee, describes how families in Asia are coming to terms with the fact that they must make proper provision for what will happen to their wealth - and the family business - in the long-term.
Priorities for South-East Asian clients transitioning family wealth
Woon Hum Tan, partner & head, trust, asset & wealth management practice at Shook Lin & Bok LLP in Singapore, outlines what's important to South-East Asian families wanting to preserve the family assets for future generations - and the issues these clients often overlook.
Females start to lead family wealth decisions in Asia
Noor Quek of NQ International talks about the opportunities and challenges in the family wealth space in Asia, and highlights trends to watch in terms of investment, as well as a shift in the family decision-makers.
Family offices continue to gather momentum in Asia
While the family office model remains in its infancy, Asia's wealthiest are increasingly embracing the concept, according to the second annual Asia Pacific Family Offices Survey by UBS/Campden Wealth.
Kotak Mahindra Bank's offering for family offices
Rajesh Iyer of Kotak Mahindra Bank talks about what the firm has to offer in the family office space, and looks at the dynamics of this segment.
Developing family office services in India
While the concept of family wealth and therefore the demand for family offices is not new, the pace of wealth creation through entrepreneurship has picked up in recent years. Hence the demand for family offices is growing.
The growing demand for family offices
As the wealth in India surges, Rohit Sarin of Client Associates discusses how the culture is influencing the landscape of family offices.
The rise of Indian family offices
Sunil Dalal of UniDEL explains the different types of family offices in India, and talks about his recently launched investment technology platform - AssetVantage.
How London & Capital fills an advisory void
London & Capital's unique business model, which includes taking a glass-half-full approach to the global regulatory crackdown, is enabling it to increasingly woo wealthy individuals by offering the type of genuinely tailor-made advice and services that clients struggle to find elsewhere.
Trends in family offices in Asia
Noor Quek of NQ International talks about the role and trends for family offices in Asia, especially given that the concept of separating family wealth from business wealth is still quite new in the region.
Bringing family office services to India
Rajan Sehgal, market leader for Indian sub-continent and Non-Resident Indian (NRI) segment for Credit Suisse, talks to Hubbis about the drivers for the bank to launch a single family office business in India, and explains how it provides another point of differentiation.
Shaping Asia's family-office future
William Chan, founder and chief executive officer of Stamford Privee, talks to Hubbis about the current global landscape for family offices - as well as expected trends and opportunities in Asia.
Withers targets family offices with new consultancy
Withers, the law firm, has announced the launch of Withers Consulting Group (WCG), an independent international consultancy business dedicated to helping family offices and entrepreneurs with their strategic planning.
REYL & CIE reveals Asian growth ambitions
Nicolas Duchene, managing director of Reyl Private Office and chief executive officer for Reyl Singapore, talks to Hubbis about the firm’s business and growth objectives in the region, plus about the opportunities for clients looking to invest in Asia.
Gonet takes selective and pinpointed approach in Asia
Alex Jagmetti, head of Asia Pacific at Gonet & Cie Group, talks to Hubbis about the Asian ambitions and strategy of this boutique Swiss firm, which is among the more recent arrivals in the region, as it looks to find its niche via a tailored approach that involves adapting to the local environment.
Preserving wealth seen as top focus for family offices
A family office survey by J.P. Morgan Private Bank showed that 73% of those firms researched see preserving wealth as the most important aspect of managing investments, with 22% identifying maximising returns as highly important.
UBS bolsters Asian UHNW and family office businesses
UBS has made two senior appointments for its ultra high net worth and global family office businesses in Asia.
Family offices to grow in Asia, predicts UBS study
Family offices are set to boom in Asia over the next few years, according to a new study by UBS and Campden.
Altamount Capital launches multi-family office in key Indian hub
In a bid to expand its business in India, Altamount Capital Management has opened its third office, in Bengaluru, catering to ultra-wealthy families in the local region.
How Credit Suisse is developing its private banking offering
Marcel Kreis of Credit Suisse Private Banking reveals some of his current strategic objectives, including an increasing focus on Greater China, as well as facilitating the growing interest among clients in philanthropy.
A tailored wealth strategy for Asian private clients
Paul Smith of Triple A Partners discusses some key issues and considerations for high net worth individuals in how they manage their wealth, and looks at ways for clients to “professionalise” the process.
RBS Coutts launches family office in Asia
RBS Coutts has strengthened its regional offering by hiring Roger Low to spearhead the newly-established Coutts Institute in Asia.
Citi Private Bank launches Asian family office, names Hong Kong head
Citi Private Bank has made two announcements as it looks to enhance its offering to clients in Asia.
Credit Suisse creates family office hub in Singapore
In a bid to expand its family office services along with its offering for ultra high net worth (UHNW) clients, Credit Suisse Private Banking is opening its first-ever family office hub.
Forbes Private Capital Group launches in Hong Kong
Forbes Private Capital Group, the private investment network, has opened for business in Asia to help wealthy families and other investors worldwide identify unique investment opportunities in the region.
Understanding the basics of family offices
Sidney Sze of the Society of Registered Financial Planners explains the basic structure of family offices, including the key features and benefits for wealthy clients.
Emerging trends in advising UHNW clients
Marco Bardelli of BDG Singapore Private discusses some of the key changes and trends in the way advisers are servicing ultra high net worth individuals (UHNWIs).
How to target and advise UHNW clients
Marco Bardelli of BDG Singapore Private explains what structure and style of advisory services are needed to successfully service ultra high net worth individuals (UHNWIs).