wealth management

Wealth management is a growing sector in Asia, particularly in Hong Kong, as indicated by the expansion of fintech firms like iCapital, which has doubled its office space to meet rising demand. This boom is fueled by an increasing number of affluent individuals, including Hong Kong millionaires, who are actively seeking sophisticated financial services. These individuals are increasingly focusing on long-term planning, such as retirement, and exploring cross-boundary options like living in the Greater Bay Area for lifestyle and healthcare benefits. The trend highlights a shift towards more comprehensive wealth management strategies that encompass not just investment but also lifestyle and retirement considerations, making the sector highly relevant and dynamic in the current economic climate.