*"We’ve always believed that wealth management is not just about capital—it’s about creating enduring legacies,"* said Jonathan Reeves, CEO of Legacy Capital Partners, during a private event announcing the firm’s latest move. Reeves was referring to the firm's decision to establish a dedicated family office hub in Singapore, a strategic expansion that underscores the city-state’s rising prominence as a global wealth management center.
Legacy Capital Partners, a boutique wealth advisory firm headquartered in Zurich, has long been synonymous with discretion and bespoke financial solutions tailored for ultra-high-net-worth individuals (UHNWIs). The decision to set up operations in Singapore comes at a time when the region is witnessing an unprecedented influx of wealth, particularly from North Asia. With its robust regulatory framework, political stability, and favorable tax environment, Singapore has emerged as a preferred jurisdiction for family offices and private wealth consolidation.
According to Reeves, the new hub will serve as a gateway for clients seeking to leverage opportunities in Asia while ensuring seamless integration with Legacy Capital’s European operations. *“Our clients increasingly require cross-border solutions that are both sophisticated and agile. Singapore offers unparalleled access to Asia’s growth markets while maintaining the regulatory rigor that our clients value,”* he explained. The move also coincides with the Singapore government’s recent initiatives to attract family offices through streamlined tax incentives and professional services infrastructure, further cementing its appeal as a wealth management nexus.
Legacy Capital’s foray into Singapore is not merely opportunistic but also strategic. The firm has reportedly onboarded a team of senior advisors with deep expertise in Asian markets, including specialists in estate planning, philanthropy structuring, and private equity. This localized expertise is expected to complement its Swiss heritage of precision and confidentiality, offering clients a dual advantage in navigating both Western and Eastern financial landscapes.
The impact of this expansion is likely to resonate well beyond Legacy Capital’s existing client base. Industry analysts view the move as reflective of a broader trend among European wealth managers seeking to establish a presence in Asia. According to a recent report by Boston Consulting Group, Asia-Pacific is expected to account for nearly 25% of global private wealth by 2025, with Singapore and Hong Kong vying for the region’s crown in wealth management.
Reeves remains optimistic about the firm’s long-term prospects in the region, noting that Singapore’s appeal extends beyond its financial incentives. *“It’s not just about tax optimization or legal frameworks,”* he stated. *“Singapore offers a unique confluence of cultural diversity, world-class infrastructure, and a deep respect for privacy—qualities that resonate deeply with our clientele.”*
As Singapore continues its ascent as a global wealth hub, the arrival of Legacy Capital Partners adds another layer of prestige to the city-state’s financial ecosystem. For the firm, this expansion represents not just a business decision but a commitment to fostering enduring relationships with a new generation of wealth creators.
(Editors: admin)