A seismic $2.5 trillion wealth transition is reshaping Southeast Asia's economic landscape, demanding a paradigm shift in legacy planning, Ray Ang writes in his exclusive article for finews.asia.

Article Publish Date: 7 July 2025

More than just a numerical shift, this wealth transition is reshaping the very fabric of wealth succession in a region where family businesses represent the backbone of the economy. This challenges wealth advisors to navigate their clients' increasingly complex global regulations, manage families across multiple continents, and address mounting pressures for responsible wealth deployment.

The wealth management rules have changed. The sector needs a new playbook – one that protects not just financial assets but also the intangible heritage, values, and unity that sustain wealth across generations.

New Challenges of Cross-Border Wealth

Today, families are increasingly globally mobile – parents reside in Asia, children build careers abroad, and business interests span multiple markets. Modern wealth transfer strategies must accommodate these realities, with seamless, multi-jurisdictional solutions that work. The conventional approach of creating separate plans for each country no longer suffices. Singapore-based advisors are particularly well-positioned to address these challenges, leveraging the city-state's position as Asia's premier wealth management hub. They understand the diverse regulatory environments across Asian markets while offering comprehensive cross-border expertise that bridges Eastern and Western approaches to succession planning. Strategic multi-market planning is implemented to also enhance tax efficiency, promote asset diversification, and mitigate geopolitical risks. Read the full article by Ray Ang at: https://www.finews.asia/high-end/43565-singapore-wealth-transfer-grandtag-ray-ang-nextgen Disclaimer: This article is the intellectual property of its original author and publisher. We do not edit, create, or claim ownership of this content. All rights remain with the original author and publisher. This link is provided solely for reference and informational purposes. If you are the rights holder and believe your work has been misused, please contact us and we will remove the link promptly.