New Office
WRISE Boosts Taiwan Business
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Singapore-headquartered WRISE Group, a fast-growing Asian wealth management firm, expands its regional footprint in Taiwan.
Asia’s WRISE Group has opened a new client service centre in Taipei, Taiwan. The expansion is a move to reinforce the group’s commitment to providing localised expertise while supporting the long-term wealth needs of clients across the region.
With the combined assets of Taiwanese ultra-high net worth individuals expected to reach $1.9 trillion by 2029, the new centre will be able to meet the increasing demand for sophisticated, multi-jurisdictional wealth management and intergenerational planning, the firm said in a statement.
In addition to client advisory and consultation services, WRISE will introduce family wealth–related educational and engagement initiatives in Taipei. These programmes will focus on sharing long-term perspectives and encouraging next-generation dialogue, offering a dedicated space for families to explore the foundations of lasting wealth stewardship.
In line with a number of its peers, the firm has been expanding across a number of jurisdictions. Most recently, it set up shop in the Middle East to capture the rising wealth opportunities there. It also launched a corporate finance and advisory firm for listed companies, private and institutional clients called WRISE Capital, which operates from Hong Kong, serving clients globally. See more here and here.
"The establishment of our client service centre in Taipei is a strategic step in WRISE’s broader strategy to build a borderless, 360-degree wealth management ecosystem across Asia. Taiwan’s wealth landscape is evolving rapidly, and we are positioning WRISE to be the nexus for families seeking to navigate this complexity," said Derrick Tan (pictured right), group executive chairman, WRISE Group.
The centre will be led by Andrew Wang (pictured left), managing director of WRISE Taipei. With previous experience as chairman of several publicly listed companies, including Jhen Vei Electronic, United Fiber Optic Communication, and Jye Tai Precision Industrial, as well as a board director of several listed entities, he brings experience in mergers and acquisitions, capital investments, venture capital and public listings. He also brings a strong and governance-oriented perspective to supporting long-term engagement with family-owned businesses.
"As Taiwan transitions into an increasingly sophisticated wealth hub, we are seeing a significant shift towards institutionalised family governance and global asset diversification among UHNW families," Wang said. "The establishment of our client advisory centre in Taipei allows WRISE to maintain closer engagement and provide the coordinated, on-the-ground support necessary for families looking to secure their legacies across the region."
The new centre's opening was officially marked by a ceremony in Taipei’s Xinyi District, attended by industry partners, long-standing clients, and WRISE senior leadership.
Headquartered in Singapore, WRISE Group operates across Dubai, Hong Kong, Shanghai, Shenzhen, Changsha, Tokyo and Taipei. It is built on three core business lines, WRISE Private, WRISE Prestige and WRISE Capital, serving high net worth and ultra-high net worth families through an integrated regional platform.
Picture: (Left) Andrew Wang, managing director of WRISE Taipei, and (right) Derrick Tan, group executive chairman of WRISE Group.