Family offices manage the wealth of either a single super-rich clan or a group of wealthy families. Photo: Shutterstock Family offices manage the wealth of either a single super-rich clan or a group of wealthy families. Photo: Shutterstock
Family offices manage the wealth of either a single super-rich clan or a group of wealthy families. Photo: Shutterstock

Clearer licensing rules, Greater Bay Area opportunities can turn Hong Kong into a family office hub, industry players say

  • The securities regulator’s recent clarification of rules surrounding licensing is likely to attract more family offices – wealth managers who deal with ultra-rich dynasties
  • The bay area could generate US$185 million worth of wealth management revenue by 2025, a sign of ‘how large and important’ the market will be, says Raffles Family Office boss

Topic |   Greater Bay Area
Family offices manage the wealth of either a single super-rich clan or a group of wealthy families. Photo: Shutterstock Family offices manage the wealth of either a single super-rich clan or a group of wealthy families. Photo: Shutterstock
Family offices manage the wealth of either a single super-rich clan or a group of wealthy families. Photo: Shutterstock
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