Haitong International Securities, based in Hong Kong and China, have set up a global family office with an ex-banker from Julius Baer leading the operation. The office will offer services, such as core asset management, inheritance planning, growth of liquid assets, capital management, and discretionary portfolio management.
According to Sean Chen, the launch of the global family office is a significant milestone in the development of Haitong International Private Wealth Management.
The Team
A private banking veteran, Roger Teow, has been chosen as the head of Haitong’s global family office and the Singapore head of a private wealth management business.
Teow was an ultra-high net worth relationship manager at Julius Baer before joining Haitong International. He also worked at HSBC, Bank of China, AmInvestments, and UBS Wealth Management, where he was employed as the head of investment, private equities and hedge funds.
“Haitong International’s leading edge in investment banking, combined with its comprehensive financial service platform and in-depth understanding of the needs of entrepreneurs, have all contributed to a strong foundation in favour of the development of its family office business,” said Teow.
Along with its subsidiaries, Haitong International has established its presence in Hong Kong and an expanding network worldwide. The company has around 200,000 institutional, retail, corporate, and high-net-worth clients around the world.
‘Financial services group opens global family office’- Sophie He, International Adviser
