Stevenson, Wong & Co. was awarded the “Best Legal Advisory in Non-Financial Services Categories” in Wealth APAC – International Private Wealth Management (IPWM) Forum & China Awards 2016. SW Partner, Mr. Hank Lo, and Head of Business Development (China), Ms. Connie Yeung, attended the Forum cum Award Presentation Ceremony on 21st September 2016 in Shanghai, China. There were over 200 awardees and representatives attending the event. SW was again recognized in China for its professional services following the establishment a by SW as a professional trustee which also received the “Most Distinctive Family Overseas Trust Planning Services Award” in May 2016
The IPWM China Awards is a large-scale industry event hosted by WEALTH Magazine, endorsed by China Banking Association and co-organized by China Chief Economist Forum. Participants include reputable family offices, private banks, independent wealth management institutions and other high-net-worth organizations in areas of trust, insurance, law, immigration, overseas education, with a wide geographical coverage over 30 provinces, autonomous regions and municipalities in China. After WEALTH Magazine consolidated all the submissions from candidates, they were forwarded to a judging panel consisting of internationally renowned consulting firms including Boston Consulting Group and Bain & Company, China Banking Association Private Banking Committee and Chinese Academy of Social Sciences for evaluation and assessment to decide on the awardees of approximately 50 awards spanning across multiple categories.
Cases submitted to the judging panel by SW included IPO, financing, merger & acquisition, divorce and financial disputes, family trust, asset protection and inheritance arrangement. In particular, one high-profile case involved the highest amount of maintenance being awarded by courts in all common law jurisdictions at that time. In terms of market influence, our frequent hosting of seminars on asset protection, inheritance and active participation in the design of international accreditation courses were highly commended by the judging panel. SW holds licences for Hong Kong and New Zealand family trust companies, and at the same time, assists clients in establishing private trust companies and provides clients with legal solutions on asset protection. SW also manages the assets inside and outside the trust. With a solid legal platform in China and overseas, SW is capable of providing professional overseas legal services to high-net-worth individuals in a flexible way.
In public voting, SW was the only law firm shortlisted from Hong Kong and received more than 20,000 votes. We would like to take this opportunity to express our gratitude to our clients, private bankers, experts in family offices and financial institutions, and other professionals for their support. The credibility of the award is enhanced by incorporating the element of public voting and including professional theory and market recognition in the assessment criteria.
Please contact our Mr. Hank Lo for any enquiries or further information about this award.