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, Gollop says. Anything less, a private bank will give poor service. The model is Merrill Lynch, or Godwin's in the UK, with a scalable, corporate structure that can provide top...
