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Ten questions worth asking any family office in Hong Kong, with a note on why each one matters and what a considered answer tends to sound like. Who will be accountable for the whole picture, and what is their name? Most families already have competent advisers. What they usually lack is one person accountable for the questions that fall between those advisers' mandates, which is where structures drift out of line with intentions. A good answer names an individual, describes

Two versions of the same idea, one built by a family for itself and one shared across several families, and the practical question is which of them a family's circumstances actually justify. What is a single family office? A single family office is a private company that one family establishes to run its own affairs, staffed by people the family employs. It exists to hold the whole picture in one place: what the family owns, how it is held, what the family intends to happen t

Percy Chan of Prosper Family Office on what nearly two decades in banking taught him about family succession, and five steps a family can start on now.

How a multi-family office coordinates wealth structuring, succession planning and family governance for Hong Kong families, and how it differs from a private bank or a single family office.

The ribbon was cut by Dr Justin Chiu of CK Asset Holdings, Miss Lai-Chong Au of Delta Asia Financial Group and Dr Cartier Lam, formerly of The Bank of East Asia (China), with around 150 guests from banking, asset management, trust, legal and accounting attending.