As the number of high net worth (HNW) individuals in Thailand continues to rise despite the uncertain global investment environment of the past few years, HNW wealth management matters have become more complex.
This fast-growing segment of the finance industry is now seeing the emergence of a rapidly growing sub-segment of wealthy second- and third-generation members of HNW families highlighting the issue of trans-generational wealth transfer. Meanwhile, the nature and challenges of HNW wealth management increasingly revolve around differentiation of client demands and consequent need for customisation.
“The usual demands of HNW clients include asset security, wealth protection, family office, children’s education, and wealth inheritance,” reveals Ms. Lalitphat…
