We are committed to delivering :
- A holistic wealth plan
- Decades-long partnership
- Professional guidance
- Sustainable legacy for future generations
Our Approach
FRM focuses on identifying, measuring and managing high-net-worth family risks in health, accidents, assets, liabilities, structural arrangements, and single-asset concentration, and builds a Family Risk Firewall that is continuously updated as the family’s circumstances change.
Key Benefits
Identify all key family risks
Understand all policies and report them appropriately
Keep asset and balance-sheet risk at reasonable levels
Conduct at least one annual risk review
Ensure insurance coverage and structures are “useful and cost-effective”
Scope of Services
Insurance Coverage & Liability Gap Assessment
Includes analysis of life insurance coverage gaps, evaluation of critical illness risk exposure, review of domestic and international medical coverage, assessment of liability risks (family liability, directors’ and officers’ liability, cross-border liability), long-term care risk analysis, identification of excessive or overlapping coverage, and detection of unsuitable or outdated insurance policies.
Family Risk Balance Sheet (FRB)
Our proprietary three-column framework: Assets, Liabilities, and Risk-Weighted Assets (RWA). It integrates property risks (primary residence, investment properties, overseas properties) and investment portfolio risks (concentration, volatility, exposure) to measure a family’s actual risk profile, providing a “bank-grade risk audit” for family wealth.
Family Risk Management Action Plan (12-Month FRM Action Plan)
It outlines: risks needing urgent intervention, risks that can be addressed within three months, medium-term risks mitigated via investment or asset-allocation adjustments, and long-term risks requiring legal or structural solutions. The plan also incorporates a Family Firewall Checklist for comprehensive protection.
Insurance Policy Review & Tax Reporting Strategy
A comprehensive review of policy tax residency, reporting status, and role-based risks (policyholder, insured, beneficiary), together with appropriate reporting strategies. Coverage includes insurance policies issued in Hong Kong, Singapore, the United States, Canada, and Bermuda.
Offshore Insurance Strategies for China Tax Residents
China tax residents face some of the most complex challenges globally when structuring offshore insurance, due to foreign-exchange controls, cross-border fund-flow restrictions, and potential tax look-through risks. Effective planning must address the risk of insurance policies being recharacterized as “investment products,” manage CRS information-exchange exposure across different policy roles, and mitigate potential tax tracing issues. The scope includes insurance policies issued in Hong Kong, Singapore, and Bermuda.
Insurance strategy for Canada-related families
How Canadian tax residents can use insurance policies for investment planning, tax planning, asset protection and legacy planning — and how to prevent and mitigate CRS-related risks associated with insurance policies.
Offshore Insurance & Trust Planning for U.S. Tax Residents
Outlines how U.S. tax residents can structure offshore insurance policies and utilize offshore insurance and trust arrangements to support U.S. estate tax and gift tax planning.
Offshore Insurance Strategies for Australia-Related Families
Explores how Australian tax residents can properly structure offshore insurance policies and utilize offshore insurance arrangements for tax planning purposes.