Hong Kong IFA has China-sized ambitions
Bridgewater is taking on private banks by targeting richer clients and establishing a regional footprint.
The staid world of independent financial advisors in Hong Kong is getting a stir. Bridgewater, a two-year old boutique investment advisory, is aggressively chasing high-net worth clients and expanding beyond its Hong Kong base into China.
Stephen Gollop, its CEO, says the IFA has clients ranging from those contributing a few thousand Hong Kong dollars a month, to multi-millionaires.
"To get the kind of service we offer at a private bank, a client would need more than $5 million," Go…
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