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Starting a multi-family office sprint

WMA lands first client after just 3 weeks of operations and expects more in the months ahead amid the consolidation in private banking.

NIMBLE & INNOVATIVE: Mr Repkow and his team, (from left) Leslie Goh, investment adviser-managing director, Iriana Iqbal, client services & administration, Nirmala G, head of compliance & operations, and Ron Lee, chief investment officer.

THE growing number of ultra-high net worth individuals and families in Asia has sparked demand for family offices across the region. And as the second or third generation in these families step up, the growth of family office establishments has accelerated.

According to Stephan Repkow,

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