Citi Wealth: Empowering Global Families

The world’s most influential families are increasingly living, doing business, and investing globally. Citi Wealth’s distinctive Global Client Service is designed to meet their needs, helping to enable their ambitions and build their legacies worldwide.

- Words: Robb Report Singapore

"EVEN AMID PARTIAL deglobalisation, globality matters more than ever for wealth creators," says Hannes Hofmann, head of Citi's Family Office Group.

In June, Citi Wealth conducted its annual survey of family office clients, one of the industry's largest and most comprehensive. "We're seeing that a majority of our clients view themselves as 'international'," says Hofmann. "They hold assets across multiple countries, have family members living abroad, or are contemplating shifting assets, adding passports, or relocating near term."

So, how does Citi Wealth empower such families to realise their global ambitions?

Unlocking Potential Global Opportunities

"We start by understanding each client's needs," says Hofmann. "Many successful families recognise the potential of globalising their business and portfolio exposure. And numerous countries are changing their tax, regulatory, and immigration systems to attract wealth-creating families and businesses."