[Insights Article]

Lioner’s First Five Years: Growing Across Asia’s Wealth Corridors

The last five years have reshaped Asia’s wealth landscape. Even amid global macro uncertainty, the region has continued to generate and attract substantial private capital, driven by entrepreneurship, technology adoption and the professionalisation of wealth management.

 

Lioner’s growth has followed the wealth corridors linking Hong Kong, Singapore, and Switzerland—three centres that play distinct but complementary roles in how families build, manage, protect and transfer wealth.

 

Hong Kong: renewed momentum as a regional hub

Hong Kong remains a key centre for private banking, family offices and offshore wealth management, supported by deep capital markets and cross-border connectivity. Altrata World Ultra Wealth Report estimates Hong Kong’s UHNW population rose from 15,235 in 2021 to 18,290 by 2026, approximately 20.1% growth over five years and highlighted a 26.4% year-on-year surge in the observed 2025–2026 period.

 

The family office ecosystem has expanded in parallel. A Deloitte study (published February 2026) found over 3,380 single family offices operating in Hong Kong as of end-2025—an increase of about 680 (more than 25%) over the prior two years. This underscores a structural shift: more families are professionalising governance, risk management, succession planning and multi-jurisdictional coordination

 

Singapore and Switzerland: governance and global optionality 

Singapore has strengthened its role as a stable base for family office operations and long-term planning, complementing Hong Kong’s capital-markets depth. Switzerland remains a cornerstone for global private wealth, particularly for cross-border booking and international diversification, supporting Asian families with global footprints and multi-jurisdiction needs.

 

The broader trend is clear. The Boston Consulting Group Global Wealth Report highlighted that cross-border wealth rose 8.4% to US$15.7 trillion in 2025, with Hong Kong, Singapore and Switzerland among the world’s largest cross-border booking centres. 

 

A larger prize ahead: the underpenetrated insurance opportunity

McKinsey notes a broader shift in client needs from purchasing standalone products to more holistic planning across liquidity planning, legacy transfer, business succession, health optimisation and retirement drawdown, moving toward more integrated advisory models.

 

Lioner’s response: a 3‑in‑1 platform built for complexity

Founded in Hong Kong in 2021, Lioner pioneered an integrated 3‑in‑1 platform combining Insurance, Trust and Family Office—bringing protection, liquidity, control, and continuity into a single architecture. Lioner expanded to Singapore (2022), opened its office in Beijing (2023) and established a presence in Switzerland (2026) to support global client footprints.

 

Looking ahead, Lioner will relocate to IGC in West Kowloon in 2026 while retaining a Central presence to enhance accessibility and provide even better support to the clients and partners.

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