The wealth management firm will roll out a private client offering to those with a minimum investable net worth of $1 million.
St James’s Place (SJP) has announced the launch of its Asia Private Client proposition in Hong Kong and Singapore, which will give access to the group’s relationships with tax managers, accountants, expatriation consultants, mortgages/estates and insurance specialists.
According to an announcement, the SJP Asia Private Client proposition will focus on delivering value-driven returns for clients, with an emphasis on performance and quality. As part of the offering, SJP Asia will work with Swiss banking group and investment platform Swissquote to facilitate an accessible outcome-orientated private client experience, the firm said.
Burgeoning Market
«With Asia seeing the fastest growing number of millionaires per capita in the world and a strong demand for a transparent multi-generational advice-based approach, we see significant potential for our offering in the market,» Matthew Deeprose, commercial director of SJP Asia, said.
The firm operates offices across the U.K., and internationally in Singapore, Hong Kong and China, with over £129 billion ($178.34 billion) of client funds under management.