Family is a central institution in Asian thought and culture. Family provides its members with a special identity and culture, and financial support. The interests of a family are paramount, and loyalty within a family, especially to its oldest member is prized.
The institution of a trust has been used for hundreds of years to protect and preserve a family’s culture, identity and wealth. Trusts have been used to maintain wealth by protecting the family patrimony from internal dissipation and external threat. This is achieved over many generations, which is why in countries such as the United States of America, trusts are established for families called “dynasty trusts” as they are created to protect a family’s assets for many generations.
Not only will a trust succeed in enabling family wealth to be passed down and enjoyed for generations, but it will also protect those assets from business and financial risk. For example, if the family owns a business, which carries with its risk, because of market forces, a trust can be used to protect the family’s core assets from that risk.
Another important function which a trust can fulfil is the organisation of family members who are in the USA, Singapore or Europe. Because a trust is a structure of universal significance, it can be utilised across borders to keep families close together and operate as a cooperative unit. At the same time, the trust can be used to preserve and enhance the identity and culture of a family and provide sound governance and support for family members wherever they may be.
As can be seen from the above, a trust is essentially, and has been for many hundreds of years, the engine and solace of family unity and success. Many of the world’s greatest families have derived their success by the careful and judicious use of trusts. The Asian family can be no exception to this and may engage the trust to protect and build their own unique hermitage.
By Geoffrey Cone
Co-Chairman of Delta Asia Cone Marshall Family Advisory
A deep discovery process drives an investment program tailored uniquely to you. You will have confidence you can fund the goals that matter most to you.
A set of tactics and techniques aimed at protecting and maintaining the value of your assets, while minimizing risks.
Your family members will benefit from a meaningful inheritance, preserving family wealth and legacy for generations. And starting those discussions early, gives families time to plan for the future and address changing situations.
Every family is unique. Every family office approach should be, too.
Our primary goal is to help families, family office staff, and their trusted advisors to vision, design, structure, optimize, integrate and operationalize the unique family office services and needs in a customized manner to achieve durable family harmony, financial prosperity, and operational excellence.
Family Legacy involves the passing down of values, traditions, wealth, and assets from one generation to the next. It includes ensuring the well-being and prosperity of future family members and preserving the family's heritage and values.
We provide clear and accurate information about our products, services, policies, and practices. We communicate openly with customers about investment performance, and impact. Transparency in relationships, both personal and professional, fosters trust, openness, and effective communication, builds stronger connections.
We offer a global network of investment boutiques and private ownership model. Global scale with local teams. Invest in private equity, venture capital, hedge fund, and private credit opportunities. We provide access to active investment strategies In the pursuit of long-term returns.
Family Legacy involves the passing down of values, traditions, wealth, and assets from one generation to the next. It includes ensuring the well-being and prosperity of future family members and preserving the family's heritage and values.
We provide clear and accurate information about our products, services, policies, and practices. We communicate openly with customers about investment performance, and impact. Transparency in relationships, both personal and professional, fosters trust, openness, and effective communication, builds stronger connections.
We offer a global network of investment boutiques and private ownership model. Global scale with local teams. Invest in private equity, venture capital, hedge fund, and private credit opportunities. We provide access to active investment strategies In the pursuit of long-term returns.
The Swiss approach to family office advisory is all about flexibility, strong legal protections, confidentiality, and access to top-notch professionals. Swiss family offices use structures like foundations, trusts, and Private Trust Companies to manage complex, cross-border assets while keeping everything discreet and future-proof. They benefit from a highly skilled, multilingual workforce, advanced financial infrastructure, and a collaborative system where specialized services could be offered.
Family Legacy involves the passing down of values, traditions, wealth, and assets from one generation to the next. It includes ensuring the well-being and prosperity of future family members and preserving the family's heritage and values.
We provide clear and accurate information about our products, services, policies, and practices. We communicate openly with customers about investment performance, and impact. Transparency in relationships, both personal and professional, fosters trust, openness, and effective communication, builds stronger connections.
We offer a global network of investment boutiques and private ownership model. Global scale with local teams. Invest in private equity, venture capital, hedge fund, and private credit opportunities. We provide access to active investment strategies In the pursuit of long-term returns.
