Dilisensikan oleh SFC Tipe 1, 4 & 9 & MAS Capital Market Services
One of the most rewarding aspects of our work as a leading Asian multi-family office is helping families, each with their unique stories and histories, safeguard and grow their fortunes earned through years of hard work and perseverance. No less profound, however, are the stories of intricate disputes and unforeseen conflicts families encounter as they embark on the journey of legacy planning. Intergenerational wealth transfer in the ultra-high net worth space is more often than not a deeply complex matter. The safe and smooth passage of funds often relies on a family’s success in resolving differences in multiple areas, from financial interests, asset ownership and distribution, to investment and business decisions and philanthropic activities. At Raffles Family Office (RFO), we have seen how disputes and conflicts resulting from these matters can lead to lost value, but also the immeasurable loss it broken bonds, damaged relationships and frayed emotions. For these reasons, managing and mitigating family disputes are among the most important things we do as a business.
The ability to navigate these risks is in fact one of the key attractions to engaging a multi-family office such as ours, which prides itself on offering highly bespoke solutions. As such, clients not only receive informed financial advice, but also advice on managing the personalities, preferences and peculiarities within a complicated family structure in a way that helps them retain and growth their wealth. And it was with this in mind that we selected the inaugural members of our Independent Advisory Board (IAB), a new body of external advisors that we created to support the management of wealth within complex family structures and pursuit of philanthropic endeavors for our clients.