WRISE Group has launched WRISE Wealth Management Hong Kong (WRISE WM HK), a technologically advanced wealth management firm for Hong Kong’s ultra-high-net-worth individuals (UHNWIs) and their family offices to ease the complexities and cost burdens of total wealth management.

With the number of family offices increasing across the Asia-Pacific, and the market pivoting towards portfolio performance and transparency, client’s expectations for wealth management, the wealth manager says, are much higher than before. Keeping assets safe is a prerequisite, as well as demand for growth and risk diversification across asset classes. Sustainability is also high on the agenda.

WRISE WM HK’s solution adopts a two-pronged digital and advisory approach that combines the use of technology with depth of insight on a single, customised platform solution.

“There are today, more UHNWIs in the Greater China region than ever before, so it is critical we have a physical presence in these markets to better address our clients’ wealth management needs,” says Derrick Tan, WRISE Group’s chairman and CEO. “Hong Kong, being the gateway to Greater China, is a natural choice for setting up this office, which is the second to launch following the establishment of our Singapore office in July last year.”