Leading wealth management firm WRISE reaffirms commitment to Hong Kong
Invest Hong Kong (InvestHK) announced today (19 September 2024) that WRISE Prestige, an affiliated company of WRISE Group, has renewed their commitment to meeting the evolving needs of the growing mass affluent base through expanding its office and strengthening of its leadership team.
(From left): Chairman of WRISE Prestige, Mr Stephen Yan; Group Executive Chairman of WRISE Group, Mr Derrick Tan; Vice Chairman of WRISE Prestige, Dr Jowin Fung; and CEO of WRISE Prestige, Mr Henry Shin
The new office is centrally located in Causeway Bay commercial district, occupying 17,000 square feet. The company has recently appointed a CEO, Mr Henry Shin, to oversee Hong Kong’s operations, offering comprehensive wealth management services in Hong Kong and across the Asia-Pacific region.
Associate Director-General of Investment Promotion, Mr Charles Ng, said, “We are pleased to learn that WRISE Group has expanded its business in Hong Kong. Hong Kong’s position as an international financial centre is widely recognised, and it is also the largest international asset management hub in Asia. Our city offers a perfect platform for global wealth management companies.”
WRISE Group is headquartered in Singapore with a global presence across the Middle East and Asia. The company said that the strategic decision to access the Hong Kong market was driven by strong demand for wealth management in Asia.
Chairman at WRISE Prestige, Mr Stephen Yan, said, “Hong Kong’s prime geographic location, high-quality infrastructure, and its role as a gateway to Mainland China and the broader Asian market make it an attractive destination for our company. The availability of a skilled, multilingual workforce in Hong Kong adds a strong factor in our decision.”
He continued, “Our strategic focus on expanding our team to better serve the growing mass affluent segment is a cornerstone of our broader mission to build a comprehensive wealth management ecosystem that caters to the diverse financial aspirations of clients at every stage of their wealth journey. I am confident that Hong Kong’s efficient, business-friendly regulatory environment, coupled with its robust legal protections for intellectual property, will help position as the leading wealth management partner for clients in the region.”
According to Mr Yan, WRISE workforce will exceed 300 independent wealth consultants who will cater to the business expansion and launch of new investment products and advisory services.
To get a copy of the photos, please visit www.flickr.com/photos/investhk/albums/72177720320434212.
For more information about WRISE Prestige, please visit www.wrise.com.
