Lighthouse Canton boosts North Asia and SEA wealth administration groups

Singapore-headquartered Lighthouse Canton has appointed Stella Lau as managing director, wealth advisory the place she might be strengthening the corporate’s shopper base and main the expansion technique for North Asia.

A market veteran, Lau has over 20 years of personal banking and management expertise. She was beforehand Higher China market group head at Deutsche Financial institution and has held comparable roles, managing and increasing North Asia market groups at JP Morgan, UBS, and Credit score Suisse.

Lau’s staff will present co wealth options to ultra-high-net-worth purchasers, households, and establishments.

As well as, Charlene Lin has been promoted to managing director, strategic development – North Asia and Southeast Asia (SEA). A founding member of Lighthouse Canton, Lin has been pivotal in establishing the corporate’s presence throughout Asia since its inception in 2014, a press release mentioned. 

Shilpi Chowdhary, Lighthouse Canton’s group CEO, mentioned in a press release: “Beneath the management of Stella and Charlene, I’m assured that we have now a formidable staff, deeply dedicated to delivering excellence and innovation. Their in depth expertise and experience are invaluable property to our firm, and I’m sure their groups might be instrumental in advancing our development technique.”

Speedy development

In H1 2024, Lighthouse Canton reported a 89% enhance in income in comparison with the identical interval final 12 months to property beneath administration (AUM) of $3.7 billion.

The agency’s AUM is predicted to cross $4 billion by the tip of 2024 with development in markets together with Singapore, the Center East, and India. Moreover, it has seen a 23% enhance in hires for the reason that begin of the 12 months and is continuous to make strategic appointments throughout enterprise traces.

Lighthouse Canton employs greater than 160 professionals throughout its places of work in Singapore (based mostly in Collyer Quay – pictured), Dubai, India, and London.

The agency affords wealth and asset administration companies to ultra-high-net-worth people, households, household places of work, non-public accredited traders, and institutional traders.

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