Howden Private Wealth

September marks World Alzheimer's Month, a global campaign to raise awareness about this critical health issue.    For high-net-worth families, longevity risk is often overlooked in wealth planning. Adequate liquidity and tailored legacy planning solutions, such as life insurance, are crucial in mitigating financial risks and protecting wealth for future generations. These measures help families better prepare for life's uncertainties and ensure a smooth succession in the event of incapacity.    #howdenprivatewealth #wealthplanning #longevity #liquidity #alzheimermonthawareness   Statistics source: WHO, Alzheimer’s Disease International, National Institutes of Health  

Over the past few months, colleagues from our Hong Kong, Singapore, Malaysia, Thailand, Dubai and Switzerland offices had the opportunity to participate in a series of workshops organised by our Learning & Development team. A heartfelt thank you to: - Ethan Lin Yihan for leading the Communication Skills Workshop, empowering us to connect with others on a deeper level, leveraging techniques to influence effectively. - Joanna Ong-Ash for teaching us how to curate content and strategically align it with diverse communication objectives. - Kim Underhill for guiding us through a holistic approach to public speaking. Her insights and practical techniques have empowered us to elevate our connection with audiences and communicate with impact. At Howden Private Wealth, we believe in #peoplefirst, constantly investing in our teams, enabling them to embrace #nolimits in their professional growth and leadership journey.

Our senior consultant, Jeffrey Lee, believes that establishing single or multi-family offices require meticulous and strategic planning, with insuring key members being a critical consideration.   Read more on his insights here: https://bit.ly/3YKbDA7   #lifeinsurance #familyoffice #wealthpreservation #howdenprivatewealth

Sven Nicolas Haudenschild, Managing Director and Estate Planning Consultant, shares invaluable insights on the importance of diversification and preserving accumulated wealth for the next generation.   Watch the video to learn more.   #diversification #wealthpreservation #lifeinsurance #wealthplanning #howdenprivatewealth

Howden Private Wealth has been a steadfast supporter of Médecins Sans Frontières (MSF) over the years. This year, we are proud to be one of the companies supporting MSF Day. While we are fortunate to live in a well-established city far from the reach of disasters, many developing cities continue to grapple with extreme weather events, malnutrition, poor healthcare, and the devastating impacts of war. In these challenging environments, MSF has been providing vital medical evacuation services, building mobile clinics, and offering both medical and psychological support. Last Friday, we had the opportunity to attend one of MSF's workshops. A Hong Kong-based volunteers shared his insights into their work in Africa, this helped us gain a deeper understanding of MSF's crucial mission. We also participated in an African drum music class and an art jamming session, where we created our own masks. These activities allowed us to immerse ourselves in local cultures, a crucial key aspect of MSF's holistic approach.   In Howden, we believe that insurance can be a force for good, providing stable funding and innovative solutions to address the world's most pressing challenges. We are honoured to be part of this journey with MSF, and we remain committed to supporting their life-saving work.   Feel free to show your support to them: https://msfday.msf.hk/ #CSR #insuranceforgood #HowdenPrivateWealth

Gain insights from Hamzeh Odeh, Senior Director, Estate Planning Consultant, on the common challenges faced by families in the Gulf Cooperation Council countries when navigating transitions in leadership roles and decision-making responsibilities across generations.   Read more on his insights here: https://bit.ly/4cGn5k8   #successionplanning #adaptability #flexibilty #lifeinsurance #wealthplanning #howdenprivatewealth

Learn from Grace Chan, Senior Vice President, where she successfully advised her clients to effectively utilise trust as an asset vault with life insurance to establish and sustain multi-generational wealth. Find out more here: https://bit.ly/4cGn5k8 #successstory #multigenerationalplanning #lifeinsurance #trust #wealthplanning #howdenprivatewealth

With strong support from our colleagues, we collected a variety of used books for World Vision Hong Kong's recent used book recycling campaign. The funds raised from the subsequent charity sale will be used to tailor programs that support underprivileged SEN (Special Educational Needs) children in our local community. Beyond the book collection, our dedicated volunteers assisted with the venue setup and carefully curated the book display, harnessing #CollectivePower to make a positive difference.   The charity sale will run until 22 July, 2024. To learn more and show support to the campaign, please visit: https://lnkd.in/gpxUwJV9 #corporatesocialresponsibility #givingback

We were honored to participate in a panel discussion at a next-generation forum in Hong Kong, alongside industry experts Clifford Ng from Zhong Lun Law Firm and Ivy Choa from TMF Group. During the event, we emphasized the importance of comprehensive financial planning and the invaluable role of insurance. Benjamin Cheng, our Chief Executive Officer, highlighted how insurance can provide liquidity and asset segregation, ultimately creating vital financial protection for families.   The upcoming years will undoubtedly be a wealth transfer era. To prepare the next generation to navigate the unforeseen challenges they may face, we should start important conversations to effectively engage them. Some key discussions could include:   1. Fostering financial literacy skills 2. Helping them understand asset allocation strategies to weather market volatility 3. Educating them on the role of insurance in comprehensive financial planning and risk management 4. Engaging the next generation early in wealth planning conversations, such as estate planning and wealth preservation   It was great to engage with many future leaders and discuss how insurance can help build financial resilience in their portfolios. By having these thoughtful dialogues today, we can better position them for success in the years to come.   #howdenprivatewealth #nextgen #successionplanning #insurance

Discussions about wealth and inheritance with families are sensitive yet crucial. Gain insights from Connie Chong, First Vice President, on her approach to addressing multi-generational planning. Read more on her insights here: https://bit.ly/4cGn5k8   #transparency #lifeinsurance #wealthplanning #howdenprivatewealth