Next Generations and their need for expert guidance

In Asia, we have both mature markets – where wealth is largely held by old families, and emerging markets – which are comprised of mainly first or second generation family business owners and entrepreneurs holding their family’s wealth. These Next Generation (NextGen) entrepreneurs are not only looking to transmit the wealth that their families have built, but also to continue growing their wealth, and are  beginning to see the benefits of formalising family structures and putting solid family governance practices in place.

Lombard Odier, as a seventh generation family business, with rich experience in managing both family wealth and family businesses, is ideally positioned to guide clients through their family services’ needs, and to help them achieve their wealth management goals.

Strategic Alliance ecosystem: providing global access in local markets

Our recent survey of over 600 High Net-Worth Individuals (HNWIs) in Asia-Pacific, showed that HNWIs feel a greater need for guidance from banks in navigating their individual markets. The study also reflected their differing needs and demands within each market.

This is where the strength of Lombard Odier’s Strategic Alliance model, where we partner with local financial institutions in the region, comes into its own. Through this Alliance. HNWIs can engage in private banking services with a well-reputed bank that they are familiar with, within their home market, and at the same time gain access to Lombard Odier’s global investment management platforms and family services expertise via the Strategic Alliance model.

Read more about maintaining portfolio resilience amidst volatility in Lombard Odier’s H2 2022 Asia Investment Outlook

Sustainability remains our core conviction 

At Lombard Odier, our core conviction in sustainability shapes everything we do. We believe that sustainable investing is the biggest investment opportunity of our lifetime, as the world moves away from a Wasteful, Idle, Lop-sided and Dirty (WILD) economy, and towards a Circular, Lean, Inclusive and Clean model. We call this the CLIC^® economy.

Read about sustainable investing in Asia

We have also uncovered, through the findings of our HNWI study and our interactions with the NextGen, that there is a strong correlation between age and interest in sustainability. The NextGen support sustainability and aspire to apply its principles, and their banking relationships depend on such shared values.

Given our leading position in sustainable investing, we are able to offer support and guidance when it comes to educating NextGen clients on sustainability and integrating Environment, Social and Governance (ESG) into their portfolios.

Find out more about our Ecosystem of Strategic Alliances