Despite challenges, a world of opportunities awaits in the private wealth sector

18 February 2021
With the rise in high-net-worth (HNW) and ultra-high-net worth (UHNW) families across Asia, considerations around succession planning and asset protection are becoming more important than ever. 

In an increasingly unpredictable world, many HNW and UHNW individuals are starting to invest more attention and resources into succession planning and intergenerational wealth transfer. With Asia’s potential for exponential growth in private wealth, corporate service providers like Vistra have tapped into the role as a trusted advisor for family offices in China, Hong Kong, Singapore etc., helping clients stay agile and adaptable while they create, preserve and transfer wealth in the most efficient way. 

In a recent interview with Hubbis, Chris Marquis, Global Head of Private Wealth Services at Vistra, shares his views on the future of growth in private wealth across the Asia-Pacific region, as well as the core needs of HNW and UHNW families in the next five years. 

He comments on Vistra’s optimism towards Asia as a powerhouse for wealth generation, and explains the unique value propositions of key financial hubs such as Hong Kong and Singapore in driving opportunities for the region and beyond. Given the globalised outlook of many HNW and UHNW individuals in Asia, the benefits of their wealth planning needs will also ripple outwards to impact private wealth centres in Jersey, Switzerland, and the US. You can read the full interview here

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