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Wooing Asia's ultra high net worth families

Sandaire is a multi-family office option for the wealthy seeking investment advisory services to help manage their assets.

"Wealth creators tend to be very hands on. They have a strong desire for control and they created their success through focus and control. The successors have had a different upbringing, education, aspirations and skills. Those are the sort of people to whom our service is most attractive.'' - Mr Scott, chairman of Sandaire (above)

WHEN Alexander Scott, fourth generation family business owner, led the sale of his family's UK insurance business in 1994, the way forward wasn't so clear.

The Scott family in the UK owned Provincial Insurance, founded by Mr Scott's great-grandfather Sir James William Scott in 1903. In...

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