Modern Australian
The Times Real Estate

.

WRISE Prestige Partners with Kingkey Privilege Wealth Management to Expand Financial Offerings Across Asia

Strategic collaboration enhances wealth ecosystem with comprehensive wealth management solutions for clients

HONG KONG SAR - Media OutReach Newswire - 12 June 2024 - WRISE Prestige, a subsidiary of WRISE Group, today announced its strategic collaboration with Kingkey Privilege Wealth Management (Kingkey), a leading financial institution, to enhance cooperation and offer life insurance, over-the-counter (OTC) securities, and funds.

This partnership is a key part of WRISE's strategy to deliver a comprehensive 360-degree wealth ecosystem for clients.

Launched in February 2024, WRISE Prestige aims to expand WRISE's reach to the mass affluent market and cater to the next generation of affluent individuals in the region. By 2030, Asia's middle class is expected to grow by over 3.5 billion people, with Southeast Asia's mass-affluent individuals forecasted to reach 136 million, driving a significant rise in demand for wealth management services for this segment.

WRISE Prestige and Kingkey will cross-leverage each other's networks and expertise through this newly established collaboration, with both parties' combined resources fuelling best-in-class product and service offerings and widening reach to a broader range of client segments across the region. Additionally, the collaboration will facilitate the exchange of expertise and industry knowledge, leading to a more comprehensive understanding of client needs and the development of innovative wealth management solutions across the wealth management industry.

"This partnership underscores our mutual commitment to providing accessibility of solutions that were previously reserved for ultra-high-net-worth (UHNW) individuals to the mass-affluent market," said Derrick Tan, Group Executive Chairman of WRISE Group. "By collaborating with Kingkey, we can offer a comprehensive 360-degree wealth ecosystem that combines wealth management, wealth planning and technology innovation offerings to serve a broader client base."

"Kingkey clients will benefit from enhanced offerings and capabilities through WRISE, a leading wealth management firm, with innovative services addressing the growing demand among the UHNWI and mass-affluent market across the region," said Kelly Yu, Chief Partnership Officer of Kingkey Privilege Wealth Management. "This partnership fosters a more inclusive and dynamic wealth management landscape, providing clients with access to WRISE's UHNW offerings and a wider range of wealth management solutions as their financial needs evolve."

To further solidify their commitment to bolstering the region's wealth management sector, WRISE and Kingkey have joined forces on a formal training programme – WRISE Academy. The premier educational platform aims to enrich independent wealth consultants and industry partners through comprehensive training programmes such as product training, investing ethics, and more, ensuring they are equipped with the latest knowledge and skills to deliver best-in-class wealth management services. WRISE Academy will also offer continuous professional development opportunities and foster a collaborative learning environment, ultimately building a highly skilled wealth management workforce across Asia.

The expanded offerings will initially be available to clients in Hong Kong before expanding to the broader region.

Hashtag: #WRISE #WRISEPrestige #Kingkey #Partnership #wealthmanagement

The issuer is solely responsible for the content of this announcement.

About WRISE Group

WRISE Group is one of the fastest growing wealth management firms that helps ultra-high and high net worth individuals fulfil their wealth aspirations. Its experienced group of client advisors and investment specialists offer tailored solutions, supported by its proprietary all-in-one wealth management tool that provides clients with complete control and transparency over their total wealth, and the ability to create their own family office with real-time access to expert advice and tailored solutions within a vast ecosystem of top global private banks, investment banks, fund managers, brokers, and others.

WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management (Middle East), WeWrise Services, and Voo Technologies and affiliated companies WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong) and WRISE Financial Services (Hong Kong).

Commercial Plastering Can Boost Your Business Appeal

In business, appearances matter. The way your space looks sets the tone for how clients, customers, and even your staff perceive your brand. A well-...

How to Transfer Registration When You Buy a Used Car in Brisbane

Purchasing a second-hand car can be a thrilling experience, but there's more to it than simply handing over the cash and driving off. One very impor...

Expert Tips for Comparing Budget Movers and Energy Providers For a Modern Apartment

Starting a new life in a modern apartment can be a challenging yet exciting step. While moving into a modern apartment, people always need reliable ...

Slowing Down in Nature: My Experience on Orchid Classic Cruise in Lan Ha Bay

Why Orchid Classic is a Top Choice for Lan Ha Bay Lan Ha Bay, a hidden gem adjacent to the more famous Ha Long Bay, offers travelers a quieter and ...

Your Next Travel Essential? Why Aussies Love Lightweight Electric Wheelchairs

Planning for a trip or just getting around town? A lightweight electric wheelchair could be your perfect travel mate. Whether it’s a stroll throug...

Australian Study Woes – What is a Confirmation of Enrolment?

Recent changes to Australian study visas are altering the landscape for international students who want to learn and work on our shores.  To secur...

Metal lockers vs. wooden lockers: which is better?

Lockers—the ultimate background hero of the workplace. They might not have the flashiness of that overpriced espresso machine in the break room, b...

Invisalign Treatment: What Your Dentist Wants You to Know

When straightening the teeth, out-of-date metal braces are no longer the only option. Nowadays, Invisalign is among the most highly sought-after alt...

The Best Nail Art for Short Nails

Short nails often get overlooked in the world of nail art, but they’re actually the perfect canvas for stylish, sophisticated designs. Whether you...

How Much Does a Skip Bin Cost? Skip Bin Prices, Sizes & What Influences the Price

Regardless of whether you're renovating a house. You are tidying up your backyard, or running a construction site. Chances are you'll require a skip...

Panoramic Elevators: Combining Functionality with Aesthetic Appeal

In the evolving world of building design, the demand for architectural features that are both practical and visually striking continues to rise. One...

No Dig, No Drama: Sydney Pipe Relining Explained

You know that feeling when water starts pooling where it shouldn't? Or received a quote for pipe repairs that made your eyes water? Let's chat about...

The SEO Benefits of AI-Optimized Landing Pages: Smarter Metadata, Faster Load Times

Landing pages are integral to the conversion funnel in digital marketing. Yet, when SEO works well to drive traffic to the landing page, it's just a...

How to Reduce Turbo Lag with an Upgraded Mazda BT-50 Exhaust System

Are you struggling with turbo lag affecting your driving experience?  Did you know upgrading your Mazda BT-50 exhaust system could be the key to u...

How to Segment Email Lists Based on Content Engagement (Not Just Demographics)

Email segmentation generally refers to age, location, gender demographic, and conventional elements. While this could be helpful information, it doe...

6 Qualities to Look for in Local Caravan Dealers

If you're searching for reliable caravan dealers in Campbellfield, it's essential to choose a dealer that offers quality products, excellent custome...

How to Repair a Faema Coffee Machine: A Practical Guide for Coffee Lovers

Introduction If you’re the proud owner of a Faema coffee machine, you already know that it’s more than just a kitchen appliance — it’s a vi...

Smart Health Decisions in Your 30s, 40s, and 50s: The Ultimate Prevention Guide

Making informed health decisions becomes increasingly important as we navigate through different life stages. What may have seemed unimportant in our ...