*"Singapore represents not just a gateway to Asia, but a hub for innovation in wealth management," said David Harrison, CEO of Trident Family Office, as the firm announced its strategic expansion into the city-state this past week.*
Trident Family Office, a leading global advisory firm specializing in wealth management for ultra-high-net-worth individuals (UHNWIs), has officially launched its operations in Singapore. With over $2 billion in assets under management (AUM), the firm is positioning itself to capitalize on the region’s thriving financial ecosystem. Known for bespoke solutions tailored to multigenerational wealth preservation, Trident has set its sights on Asia, where the number of UHNWIs is projected to grow at an unprecedented rate in the coming decade.
The expansion comes amid Singapore's continued ascent as a preferred jurisdiction for wealth structuring and family office setups, driven by its robust regulatory environment and attractive tax incentives. Trident’s entry into the market signals a growing appetite among global wealth managers to leverage the city’s unique blend of stability, innovation, and connectivity. Harrison emphasized the firm’s commitment to delivering tailored strategies: “Our clients are looking for more than just financial expertise; they’re seeking a partner who understands the intricacies of cross-border wealth planning and the nuances of Asian markets.”
Founded in 2008, Trident Family Office has established itself as a trusted advisor for families navigating the complexities of global wealth. Its expansion into Singapore follows successful operations in London and Dubai, where the firm earned a reputation for balancing discretion with proactive financial stewardship. By establishing a local presence, Trident aims to bridge the gap between Western financial traditions and the dynamic demands of Asian clientele.
One notable aspect of Trident's Singapore strategy is its focus on sustainability-driven investments. The firm plans to collaborate with local experts to integrate ESG principles into its portfolio offerings, recognizing the growing importance of impact investing among Asian UHNWIs. “Singapore’s forward-thinking policies on sustainability align perfectly with our long-term vision,” said Priya Mehta, Head of Strategy at Trident Family Office Asia. “We’re not just here to manage wealth; we’re here to help our clients leave a legacy that extends beyond financial returns.”
The ripple effects of Trident’s expansion are expected to be significant, not only for its existing clients but for the broader wealth management community in Singapore. The firm’s global expertise and innovative approach are likely to raise the bar for service standards in the region, introducing new perspectives on family governance, cross-border tax optimization, and philanthropic planning.
As Singapore continues to bolster its position as a magnet for UHNWIs and family offices, Trident’s arrival underscores the city-state’s growing importance on the global financial stage. With its deep understanding of international wealth dynamics, the firm is poised to play a pivotal role in shaping the next chapter of Asia’s wealth management landscape.
In closing, Harrison remarked, “This is not just an expansion; it’s a commitment to building enduring partnerships in Asia. Singapore is the future, and we’re here to help our clients embrace it.”
(Editors: admin)