The programme is designed to mentor and guide "Next-Gen" ultra-high net worth individuals, the Singapore-based organisation said.

Singapore-based multi-family office Golden Equator Wealth has launched a next-generation programme to tap into the market of ultra-high net worth Millennials.

The Golden Equator NextGen Programme, as it is called, “aims to mould next-generation members of business families into future leaders through a highly customised curriculum across finance, wealth management, entrepreneurship, and leadership development”.

Although officially launched at the start of this week, the programme has been working since May 2017 with its first participant being a next-gen member of a family office managed by Golden Equator Wealth. (That family, whose name was not disclosed, is involved in the property development sector.) Golden Equator has a network of more than 25 such individuals, some of whom are involved in parts of the MFO’s business.

“In the next decade, there will be an enormous amount of wealth and businesses changing hands to the next generation. The business and wealth management landscape has been and continues to be impacted by technology. So, the next generation of enterprise leaders would require new and additional skill sets, networks, and traits to manage both business and wealth,” Shirley Crystal Chua, founder and group chief executive of Golden Equator Group, said.  

The programme concentrates on giving entrants, who are mentored by industry figures and are exposured to a wide range of industries, a grounding in finance..