In recent years, Hong Kong has emerged as a leading hub for single-family offices (SFOs), attracting high-net-worth individuals and private families from around the world. To further strengthen its position as an international wealth management center, the Hong Kong government has introduced a number of tax incentives to encourage the establishment and operation of family offices in Hong Kong.
Ultra High Net Worth Individuals (UHNWIs) and High Net Worth Individuals (HNWIs) can no longer ignore the technological shift in wealth management — digital onboarding — in an era where digital transformation is redefining industries. It is a pivotal shift in financial services and business operations that combines efficiency, security, and personalization.
Building a successful business is a difficult task. But an even more difficult task is successfully passing it on to heirs. We can immediately cite the example of one of the world's best-known yet oldest car companies - Ford.
Why are billionaires and people with a lot of money running to Monaco? Why do rich people from all over the world come to this tiny Mediterranean country?
Hong Kong is emerging as a philanthropic powerhouse in Asia, thanks to its cultural diversity, strong business sector, and history of social responsibility. It's set to become a regional hub for philanthropic efforts, attracting those who want to make a social impact.
As wealth management strategies evolve, the integration of ESG factors is becoming increasingly important. Biodiversity, an important ESG element, is central to a sustainable future. Wealth managers can now integrate biodiversity into their investment strategies. This article explores the link between asset management, ESG, and biodiversity.
Though not among the top concerns, maintaining wealth is still a priority within the family business. Many wealth transfers fail because of breakdowns in trust and communication between family members. The best remedy seems to be open and frank conversations. How do you speak to your heirs about transferring health?
There is a simple assumption that philanthropy is generally sensible, inherently good, and deserves applause. But what if it does not generate a favorable impact or outcome? Good intentions do not mean philanthropy is done well.

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