Asian Wealth Solutions Forum 2019 - Highlights - Max Ezerins

Max Ezerins of Sovereign Group

Nov 13, 2019

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1. What are the opportunities and challenges for this industry?

Video transcript

1. What are the opportunities and challenges for this industry?

The opportunity to wealth managers or private bankers in Singapore is that banks, in particular, need to focus on next generation structuring, particularly because clients are human, they don't live forever, and businesses are passed from and transition from generation to generation. And so we can be quite short-sighted and we can focus on the ultimate beneficial owner of any structure. But it's folly to think that we're going to be doing ourselves a disservice if we don't focus then on the second and third generations too.

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