Pioneering Financial Services Firm Strengthens Its Offerings for High-Net-Worth Clients
HONG KONG, Sept. 5, 2022 /PRNewswire/ — Lioner International Group Ltd. (Lioner), a leader in financial services, has announced that its Singapore subsidiary, Lioner International Consultancy Pte. Limited, has successfully obtained a Financial Adviser (FA) license from the Monetary Authority of Singapore. This development marks a significant step towards enhancing its innovative 3-in-1 advisory services in insurance, trust, and family office sectors for high-net-worth (HNW) clients in Singapore and improving synergy across the Asia-Pacific region.
Andrew Chan, a partner at Lioner Group, will lead the firm’s business development initiatives in Singapore, focusing on sales strategies and strengthening connections with key stakeholders and intermediaries. His role is crucial in providing HNW clients with tailored wealth planning solutions and driving an ambitious growth strategy across the APAC region.
Leonard Chu has been appointed as the Chief Executive Officer of Lioner’s Singapore operations. He brings nearly two decades of experience from prestigious financial institutions such as Morningstar, AIG, and Standard & Poor’s. In this new position, he will leverage his strong management skills to advance the company’s business growth strategy in this pivotal market.
Strong Growth Trajectory
Since its inception in 2021, Lioner has seen impressive growth, with a revenue increase of 63% in the first half of this year. This rapid expansion is attributed to successful partnerships with leading private banks and asset management firms that view Lioner as a reliable partner in the region. The company has also doubled its workforce in the first six months of 2022 to meet the demands of its accelerated growth. With its new FA license in Singapore, Lioner is poised to elevate its growth trajectory, expanding its client base and service offerings. The firm emphasizes Asian values, ensuring a profound understanding of client needs in the local market.
Andrew Chan stated, “In a volatile global business and market landscape, HNW individuals are turning to Lioner for guidance, benefiting from our strategic advice and comprehensive solutions. I am excited to take on the challenge of enhancing our client servicing capabilities in Singapore and executing an ambitious expansion plan in the region.”
He further remarked, “This milestone reflects our team’s commitment and capability in realizing Lioner’s growth vision, positioning us to seize significant global opportunities ahead.”
Leonard Chu, the new CEO of Singapore operations, added, “Lioner is recognized for its pioneering financial advisory services and dynamic business strategy. I am thrilled to join the company and help establish our new operations in Singapore, a financial hub for family offices with a stable business climate and a strong legal framework. This office will complement Lioner’s Hong Kong operations, further driving the company’s growth.”
The opening of the Singapore office coincides with the firm’s one-year anniversary, underscoring its growth and success during its inaugural year. As Lioner embarks on its second year, it aims to further enhance its comprehensive solution offerings to meet clients’ evolving needs and expand operations into Mainland China.
About Lioner International Group Ltd.
Lioner International Group Ltd. is the only integrated consortium specializing in Insurance, Trust, and Family Office services, founded by ethnic Chinese partners operating in Hong Kong and Singapore. It offers comprehensive solution services for Ultra-High-Net-Worth and High-Net-Worth individuals, families, and businesses with unique and diverse requirements. With over a century of industry expertise, Lioner’s professionals are committed to providing sophisticated, world-class services to protect legacies and preserve wealth for clients globally. For more information, visit Lioner or follow us on LinkedIn and visit our newsroom at Lioner Insights for the latest company updates.