WRISE Group launches ‘WRISE WM HK’ to address complexities of wealth management

Wanting to ease the complexities of total wealth management, WRISE Group has announced the official launch of “WRISE Wealth Management Hong Kong” (WRISE WM HK), a technologically advanced wealth management firm for Hong Kong’s ultra-high-net-worth individuals (UHNWIs) and their family offices.

The company said in a statement that the client’s expectations for wealth management are so much higher now, with the number of family offices increasing across the Asia-Pacific, and with the market pivoting towards portfolio performance and transparency.

The need to keep assets safe is of great importance. Even the demand for growth and risk diversification across all asset classes and sustainability is also increasing.

“There are today, more UHNWIs 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. 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” said Derrick Tan, Chairman and CEO, WRISE Group.

WRISE WM amalgamates the use of technology with its depth of insight on a single, customised platform solution that is holistically designed to help cut wealth management complexity and the corresponding cost burdens for its UHNWI clients.

Marcus Wong, Vice Chairman, WRISE WM HK, said he is very excited to share their approaches on wealth management to the UHNWIs in Hong Kong and mainland China.

He expressed confidence that they will be able to provide them with the flexibility to customise their total wealth, anytime and anywhere, and complement that with contextualised insights to help them make timely, informed decisions.

WRISE Group’s wealth management solution was developed using a 2-pronged approach that comprises digital and advisory components. These are uniquely tailored to meet the needs of the individual clients.

Its digital component is powered by TREX, which is a WRISE core wealth system that can consolidate data coming from entities from across the client’s investment portfolio in order to give a comprehensive, consolidated view of his total wealth.

The platform also hosts automation, productivity and management tools to make wealth management simpler and more efficient for everyone, in addition to its ability to centralise the real-time, macro and granular visibility across both bankable and non-bankable assets.

WRISE WM is also operated by a strong and experienced team with proven track record of performance to provide specialised expertise and contextualised insights that are dedicated to the client’s investment and wealth needs, like wealth planning, trust, and corporate services.

Using a 2-pronged approach for more digital capabilities, visibility and contextualised insights, WRISE WM is able to simplify wealth management on a single, easy-to-use platform for Hong Kong’s UHNWIs.