Welcome to the Spear’s ranking of the best wealth managers for high-net-worth and ultra-high-net-worth individuals in Hong Kong. The list features our Top Ten, Top Recommended and Recommended advisers.
A recent report by PwC estimates that the wealth and asset management industry in Asia Pacific will double to $29.6 trillion by 2025. The region is home to the largest slice of the world’s population, with the wealth of individuals in the region growing faster than anywhere else.
Hong Kong is one of APAC’s most prolific hubs, evidenced by the fact that all major banking behemoths — HSBC, UBS, Credit Suisse, JP Morgan et al — have set up shop here. Despite a challenging environment in Hong Kong, from 2020’s unrest over the introduction of the National Security Law to the Covid-19 pandemic, the metropolitan area’s assets under management have continued to grow steadily (according to a recent report by KPMG).
As they get wealthier, investors in Asia will have increasingly complex needs. For international high-net-worth (HNW) individuals with investable assets of £1 million or more and for ultra-high-net-worth (UHNW) clients who have at least $30 million of investable assets, a good wealth manager can help to organise one’s financial affairs and maximise the efficiency of their investments.
Spear’s publishes annual rankings of the top private client advisers and service providers to HNWs and UHNWs. These are drawn up on the basis of peer nominations, client feedback, telephone and face-to-face interviews, data supplied by firms, as well as information gathered by the Spear’s editorial and research teams.
The wealth managers featured in the 2021 edition of the Spear’s Hong Kong Wealth Management Index are included in the table below, along with their Spear’s ranking and area(s) of focus. Click on the individual names to be directed to more detailed profiles of each adviser on spears500.com. (The table is ordered by ranking and then alphabetically by surname.)
|Top ten||Xygent Chan||RBC Wealth Management||Growing client relationships|
|Top ten||Jeff Chow||J. Safra Sarasin||Strategic planning|
|Top ten||Philip Crinion||Bentley Reid||Conservative wealth management|
|Top ten||Arjan de Boer||Indosuez Wealth Management||Local insights|
|Top ten||Sandy Dudgeon||Schroders||Long-term investment|
|Top ten||Michelle Ho||Standard Chartered Private Bank||Entrepreneurs and professionals|
|Top ten||Ushe Koh||UBP – Union Bancaire Privée||Regional growth|
|Top ten||Steven Lo||Citi Private Bank||Asia’s billionaires|
|Top ten||David Shick||Julius Baer||UHNWs|
|Top ten||Vivien Webb||Morgan Stanley||Asia Pacific growth|
|Top recommended||Paul Knox||JP Morgan Private Bank||Tax and estate planning|
|Recommended||Kevin Herbert||HSBC Private Banking||Protecting clients’ assets|
To explore all the Spear’s indices, and to use our find-an-adviser tool to identify the private client adviser who is right for your specific requirements, go to the Spear’s 500 website.
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If you are an adviser featured in index and would like to update your profile or provide additional information, please email firstname.lastname@example.org.