WRISE Launches Hong Kong Operation

Editorial Staff

1 February 2023

, which last year launched a business in Singapore, yesterday said it has rolled out a similar offering in Hong Kong.

WRISE Wealth Management Hong Kong, (or WRISE WM), is a tech-driven firm that focuses on ultra-high net worth individuals and their family offices.

"There are today, more UHNW individuals in the Greater China region than ever before, so it is critical we have a physical presence in these markets to better address our clients' wealth management needs,” Derrick Tan (pictured), chairman and chief executive, WRISE Group, said. “Hong Kong, being the gateway to Greater China, is a natural choice for setting up this office, which is the second to launch following the establishment of our Singapore office in July last year. We are pleased to have Marcus Wong, a financial veteran who has won numerous awards, join WRISE WM Hong Kong as our vice chairman.” (This publication interviewed Tan in August 2022.)

A WRISE wealth management solution, which comprises digital and advisory components, is tailored for individual clients. There is a digital component which is powered by TREX, a WRISE core wealth system that can consolidate data from entities across the client's investment portfolio to give a comprehensive, consolidated view of the client's total wealth. The firm also has a team to provide expert guidance and insights on topics such as wealth planning, trusts and corporate services.