Haitong Hires Julius Baer Banker to Lead Family Office Unit
Chinese financial group Haitong International Securities has hired a former ultra-high net worth private banker from Julius Baer to lead its newly formed global family office business.
Roger Teow joins Haitong International Securities as its Asia head of global family offices (GFO) and Singapore head of its private wealth management business, according to a statement.
The GFO business will «serve as a hub connecting various businesses of the group including PWM, corporate finance, asset management and research in order to provide a full suite of comprehensive bespoke solutions meeting both the family and corporate side of needs.»
Roger Teow
Teow is a veteran private banker and was most recently with Julius Baer as a UHNW relationship manager.
Previously, he also worked for Bank of China, HSBC, Malaysia’s AmInvestment Bank and UBS, where he was its head of investment funds, hedge funds and private equities and led the team in sales and portfolio advisory across multiple asset classes.
«Haitong International's leading edge in investment banking, combined with its comprehensive financial service platform and in-depth understanding of the needs of entrepreneurs have all contributed to a strong foundation in favor of the development of its family office business,» Teow said. «With 'Clients First' at the core, our GFO business will provide innovative and customized solutions for our clients, and assist them in achieving their wealth creation, preservation, and succession goals.»
GFO Offering
Haitong’s GFO offering for family office solutions include wealth inheritance planning, core asset management, capital preservation and growth of liquid assets, investment advisory and discretionary portfolio management, and
And its corporate solutions include corporate financing, long and short term investment services, and diversified financial products based on clients' individual needs.
«Through the GFO set up, we will leverage on our global service network and professional teams to further drive our 'One Group' synergy, with the goal of helping clients realize their wealth management and life aspirations,» said Sean Chen, Haitong International’s managing director and executive committee member.
