David Stepat of Dezan Shira & Associates Shares Insights on Wealth Management Strategies at Hong Kong HNWI Planning Event

On November 11, 2024, David Stepat, Country Director for Singapore at Dezan Shira & Associates, joined an esteemed panel at the HNWI Planning event held at The Foreign Correspondents’ Club in Hong Kong. The exclusive event attracted high-net-worth individuals (HNWIs), family offices, and prominent business leaders to discuss strategies for wealth management, succession planning, and achieving lifestyle goals amidst global uncertainties. With its esteemed lineup of international experts, the event provided attendees with practical guidance on navigating today’s complex wealth landscape while fostering valuable networking opportunities.

In his talk, David Stepat explored why Singapore continues to attract HNWIs with its favorable tax environment. However, as he highlighted, the appeal of Singapore goes far beyond tax efficiency—HNWIs are increasingly seeking a place that not only optimizes their finances but also feels like home. Singapore is uniquely positioned in Asia as a secure, rule-of-law environment with a range of lifestyle benefits ideal for families, including world-class schools, a vibrant arts and culinary scene, and an unmatched quality of life.

David also discussed the growing importance of philanthropy and sustainable investment, emphasizing that many HNWIs today are focused on creating meaningful impact. These themes resonated with attendees, as Singapore is becoming a hub not only for wealth management but also for those interested in contributing to positive change through responsible investments.

Reflecting on Singapore’s advantages, David noted, “Singapore provides a unique blend of stability, transparency, and access to one of the world’s most dynamic regions. The city-state’s sophisticated infrastructure for wealth management offers high-net-worth individuals an unparalleled environment for preserving and growing their assets, especially amid global uncertainties.”

Dezan Shira & Associates is proud to have contributed to this distinguished event, reinforcing Singapore’s role as a premier destination for HNWIs. The firm remains committed to supporting global clients with actionable insights and tailored strategies, ensuring that Singapore remains a top choice for those seeking both wealth and legacy in Asia.

Get in Touch:

singapore@dezshira.com

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