Lombard International announces Singapore license approval
November 28, 2016
Lombard International, a global leader in wealth structuring solutions for high net worth investors, today announced that the Monetary Authority of Singapore (MAS) has approved the Financial Adviser’s Licence for its Singapore subsidiary, Lombard International Singapore Pte. Ltd.
“This is a very exciting time for Lombard International as we launch our brokerage operations in Singapore,” commented Tammy Lu Tsui, CEO, Lombard International, Asia. “We’re delighted to bring our unique brand of exceptional service to the high net worth market in Singapore and throughout this strategically important region for the group. This further demonstrates our commitment and ambition to grow our presence in Asia.”
The Lombard International Singapore office is located at Asia Square Tower 1 #36-02, 8 Marina View, Singapore, 018960 in the heart of Singapore’s business and financial district.
The approval of this license further extends Lombard International’s brokerage capabilities in the region as this newest subsidiary complements Lombard International’s Hong Kong brokerage office, which launched earlier this year. Both subsidiaries will serve local market needs and act as gateways for future expansion opportunities across Asia.
Lombard International has regional headquarters in Philadelphia and Luxembourg and is owned by funds managed by Blackstone.
About Lombard International
Lombard International is a leading global life insurance-based wealth solutions provider, combining the strength and expertise of two specialist life insurance companies with over 20 years’ experience and market leadership in their respective fields. Lombard International provides wealth-structuring solutions using private placement life insurance and annuity products to high net worth individuals, their families and institutions around the globe.
The global group, branded as Lombard International, launched to market in September 2015. With head offices located in Luxembourg and Philadelphia, a combined global presence enables Lombard International to serve clients’ complex needs on a global basis while being sensitive to local cultures and attitudes. The firm is an industry leader in providing multi-jurisdictional wealth planning solutions through its partner networks across the United States, Europe, Asia and Latin America.
Global assets under administration are in excess of USD 80 billion with a global staff numbering over 500, including more than 60 technical experts specializing in 20+ jurisdictions.
Funds managed by Blackstone own Lombard International. Blackstone is one of the world’s leading investment firms with assets under management of over USD 360 billion.
For further information about Lombard International visit: www.lombardinternational.com
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