HONG KONG, Aug. 29, 2023 /PRNewswire/ -- In the rapidly evolving landscape of wealth management, Asian high net worth families have risen in prominence over the past few decades. Currently facing a wave of wealth succession, Hong Kong stands as the preferred wealth management hub for North Asian high net worth individuals. As a global family office, Rui yu Wealth has extended its reach to Taiwan, Hong Kong, Singapore, and other regions, providing personalized wealth management solutions for high net worth families. We recently interviewed, the Founder and CEO of Wealth, who shared his unique insights on wealth management trends for Asian high net worth individuals. Recently, Eric Lin, the Founder and CEO of Rui yu Wealth, shared his insights on the trends in wealth management for high-net-worth individuals in Asia.
Compared to Europe and America, wealth management for Asian high net worth individuals is showing a trend towards greater diversity and personalization. Different families possess unique financial goals, values, and plans. As a global financial center, Hong Kong hosts a range of professional institutions including private banks, family offices, EAMs, and international insurance providers, These entities employ a diverse array of financial instruments, leveraging the flexibility of the currency market and financial system to offer a variety of financial tools to meet the needs of clients.As a Hong Kong-based global family office, Rui yu Wealth, with its professional team, is dedicated to offering robust strategies that provide accurate and efficient support for wealth growth and risk control, serving regions such as Taiwan and Singapore.
Eric Lin believes that the concept of financial planning is gradually gaining prominence in the Asian market. A new approach is needed to achieve financial security and retirement planning. For Asian clients, wealth management institutions must analyze family finances comprehensively, offering tailor-made financial planning to assist in formulating long-term financial goals such as retirement plans, education funds, and legacy planning.
In the field of investment, with increasing wealth and a more comprehensive knowledge base in wealth management, client demands for wealth services are becoming more nuanced and wide-ranging. Currently, in Asia, the demands of high net worth families for diversified global asset allocation and cross-border investment opportunities remain unmet. To address this, Rui yu Wealth has constructed an open and selective product portfolio, incorporating offline professional advisors to establish a differentiation model. This model combines expert services with offshore asset allocation, offering high-quality investment services and accurate market insights, allowing families to explore growth potential and diversified investment portfolios.
Furthermore, Eric emphasized the importance of family governance and succession for Asian high net worth families. He believes that a robust family governance framework ensures sustained wealth development while transmitting family values and culture.
In the face of an ever-changing environment, it is foreseeable that wealth management will encounter fresh opportunities for development. Eric Lin stated that Rui yu Wealth will continue to grow steadily in the field of wealth management, facilitating wealth growth and succession for more families.
CONTACT: Lewis Lin, service@ruiyuwealth.com