Setting up a family office in Asia - missions, challenges and solutions

Eton Solutions and Hubbis hosted an exclusive roundtable in Singapore in early June to drill down into some of the key issues around establishing and managing a modern, fit-for-purpose family office in Asia. The guests were all decision-makers at wealth management firms, law and other professional services firms, fiduciary experts, and also senior representatives from Single-Family and Multi-Family Offices. Bryan Henning, SVP and Head of International represented Eton Solutions. This is a review of the key topics and takeaways from the discussion, with all comments considered off-the-record, except those from Bryan himself.

Hubbis has reorganised the discussion into the following key topics:

• Defining and Refining the Family Office in Asia
• Challenges in Setting Up a Family Office
• The Importance of Scalability
• The Rationale for Technology & Data Management Excellence in Family Offices
• The Successful Implementation of Technology
• Training and Support for Technology Adoption
• Enhancing Family Governance and Succession Planning
• The Future of Family Offices in Asia