Posted inPeople Moves

Wrise Group creates Japan market team in Singapore

The multi-family office platform taps Bank of Singapore for the head of its new Japan market desk.

Wrise Group has announced the appointment of Shigehiro Suzuki as the market head of Japan, who will lead a team in the Singapore office providing wealth management services to Wrise’s Japanese clients.

“Japan is on a solid path to domestic recovery and Japanese investors are important clients to us,” said Derrick Tan, chairman, Wrise Group, in a statement.

“We are primed to serve their needs with our new Japan market desk to provide wealth management services for high- and ultra-high-net-worth individuals and families, with offerings that include personalised asset management strategies and estate planning.”

Shigehiro (pictured) has over two decades of experience in the financial and accounting industry. Prior to joining Wrise, he worked in senior wealth management and investment banking positions at Bank of Singapore and, before that, at Credit Suisse. He was also previously with Grant Thornton Taiyo ASG (Japan) as a certified public accountant.

“As Japan aims at reasserting its presence in the global economy, we expect a significant rise in the number of ultra-rich Japanese looking to diversify their Asian portfolios. The establishment of our Japan market desk will allow us to bring our vast investment management expertise to clients keen on growing their investments in Singapore and the region,” said Shigehiro, in the statement.

Wrise is an independent multi-family office gateway, whose proprietary wealth management tool, TREX, provides clients with control and transparency over their total wealth, and the ability to create their own family office with real-time access to expert advice.

With a team of approximately 90 professionals worldwide, Wrise Group includes Wrise Wealth Management (Singapore), WeWrise Services, and Voo Technologies and affiliated companies Wrise Wealth Management (Hong Kong), Wrise Wealth Management (Middle East).

Recent hires include Helen Lam as the group chief operating Officer and Gaven Koh as group head of risk & compliance in October 2023.

Wrise’s growth in the Asian market will also see the setup of a corporate services office in Japan, dedicated to serving the needs of Asian UHNW clients interested in establishing their presence in Japan, according to the firm.

Part of the Mark Allen Group.