Hong Kong – Speech by CE at Wealth for Good in Hong Kong Summit Principal Dinner (English only) (with photo/video)

Speech by CE at Wealth for Good in Hong Kong Summit Principal Dinner (English only) (with photo/video)


     Following is the speech by the Chief Executive, Mr John Lee, at the Principal Dinner of the Wealth for Good in Hong Kong Summit today (March 26):
Distinguished guests, ladies and gentlemen, 
     Good evening. I am delighted to welcome you, tonight, to our Principal Dinner on the eve of the second Wealth for Good in Hong Kong Summit. Just now, you saw the dragon dance. This is the Year of the Dragon. It means vibrancy, it means energy, it means prosperity, and it means that we are getting together for the overall good of mankind, so I thank all of you for your presence tonight.
     You are the decision-makers and high-profile professionals driving family offices all over the world, coming all the way from different parts of Asia, the Middle East, North America, Europe, and beyond. And you’re here these next few days to learn more about Hong Kong. About why Hong Kong is the preeminent choice in which to base your family office. Why Hong Kong will provide the best for your offices, and your families, to thrive.

     Ladies and gentlemen, I’m happy to tell you why. This second Wealth for Good in Hong Kong Summit is among the high-profile events of Hong Kong’s Financial Mega Event Week.

     Yesterday, I opened our inaugural One Earth Summit. Focusing on global climate and the green economy, it was co-organised by the World Economic Forum’s “Giving to Amplify Earth Action” initiative.

     Today, the Milken Institute’s inaugural Global Investors’ Symposium was held here. It spotlighted opportunities in finance, technology, healthcare and philanthropy in Hong Kong and Mainland China, as well as North Asia and more.

     These events are part of the emergence of Hong Kong as a hub for large-scale and international events. It’s a clear and compelling statement of this world city’s dynamism and potential for sustained growth – long down this 21st century road of opportunities.

     Tomorrow’s Wealth for Good in Hong Kong Summit brings together more than 400 influential decision-makers and professionals from the world’s leading family offices, significantly larger than last year’s inaugural Summit.

     Well over 20 prominent speakers from all over the world will address you, under the theme “Growing with Certainty amid Growing Uncertainty”. This is not an easy thing for us to talk about, but a very important thing for us to talk about. They will detail how Hong Kong’s strategic location and forward-thinking initiatives can contribute to wealth creation, preservation and succession among family offices.

     And they will do so under four central Summit discussion themes: green technology, luxury and legacy, philanthropy and wealth legacy, and wealth creation. This convergence of minds is set to ignite fruitful dialogues, and forge lasting partnerships.

     Hong Kong’s financial sector, let me add, consistently leads the Asian region in numerous areas. In capital markets, we’ve been ranked number one for seven consecutive years in the volume of our international bond issuance.  
     In risk management, Hong Kong is number one in Asia and number two in the world in insurance density, calculated based on premiums per capita. In asset and wealth management, our assets under management reached about US$4 trillion at the end of 2022, registering a strong 28 per cent growth over the four-year period. We are also the biggest cross-border wealth management centre in Asia. 

     There’s more. HKEX (Hong Kong Exchanges and Clearing Limited) is streamlining our listing regime, targeting specialised technology sectors to boost competitiveness.

     That can only strengthen Hong Kong’s position as a premier technology hub. Great news for family offices and asset owners looking to invest in high-growth potential unicorns.
     Hong Kong also leads Asia in green financing. We hold one-third of the region’s market share in the issuance of green bonds.

     And we are the world’s largest offshore Renminbi hub, presenting unparalleled opportunities to tap into assets dominated in the Chinese currency. 

     Hong Kong’s tax concessions and arrangements for family offices, with a low minimum asset threshold as compared to other cities in the region, make it an attractive destination for asset owners to thrive.

     Hong Kong also attracts investors because of our absence of local investment requirements, value-added tax and sales tax.

     Ladies and gentlemen, these advantages and Hong Kong’s prowess as an international financial centre are all thanks to a unique framework. The “one country, two systems” principle ensures Hong Kong enjoys unparalleled connectivity with both Mainland China and the rest of the world. 

     And I am pleased to note that these advantages, including the Hong Kong SAR Government’s unwavering support for family offices, have been welcomed by family offices and high-net-worth individuals. More than 2 700 family offices now operate in our city.

     At last year’s Summit, the Hong Kong SAR Government issued a momentous Policy Statement on Developing Family Office Businesses in Hong Kong. It outlines our directions and measures for attracting, and maintaining, global family offices and asset owners.

     Over the past year, the Policy Statement’s eight initiatives have been progressively implemented.

     They include InvestHK’s dedicated FamilyOfficeHK team and its wide-ranging services to global family offices. As at last month, this dedicated team has already helped nearly 60 family offices set up or expand their businesses in Hong Kong, and another 100 offices have indicated interest of expanding their presence here.

     The Policy Statement’s initiatives also include the establishment of the Network of Family Office Service Providers. It connects professional service providers, offering family offices specialised services. The Hong Kong Academy for Wealth Legacy has also been launched. It was created to offer guidance to next-generation wealth owners and private wealth-management professionals.

     And this month, the New Capital Investment Entrant Scheme opened. The scheme will allow family members to reside in Hong Kong and pursue development, allowing them – allowing you – to work and study here, bringing with you your unique experiences and talent to enrich our beautiful city. And I invite you to explore these and other initiatives designed to make it easy for you to call Hong Kong home.

     They include our status as one of the world’s largest arts markets. Art Basel Hong Kong opens this week. More than 240 exhibitors are taking part, in this coveted global showcase of top galleries. That’s up nearly 40 per cent over last year. I’d say that speaks, and brilliantly, of the art world’s renewed confidence in Hong Kong.

     That comes as no surprise. The West Kowloon Cultural District, a vast piece of quality land next to our storied Victoria Harbour, is set to become Hong Kong’s largest cultural hub. The Hong Kong Palace Museum, which showcases national treasures from Beijing’s Forbidden City, and the M+ Museum, Asia’s first global museum of contemporary visual culture, have become a game-changer for our city’s modern and contemporary art credentials, and created a strong momentum in our arts market.

     For many of you who are joining the official side events provided by the Summit’s organiser, you will be able to see, and feel, the momentum, to enjoy the art, for yourself, ladies and gentlemen. This month is Art March in Hong Kong. Whether it’s Art Basel or our colourful “Art@Harbour” project, whether you want to explore M+, the Hong Kong Palace Museum or any other art and culture venue or happening here in Hong Kong, we’ll make it easy – and amazing – for you.

     After all, we are the world’s East-meets-West centre for international cultural exchange.

     Ladies and gentlemen, I know you will enjoy this memorable evening, the stunning, cloud-side views and the good people all about you. And I wish you the best of business at tomorrow’s Summit and throughout this promising year for your family business and for Hong Kong. Enjoy this evening, and enjoy the coming days.

     Thank you.

DiDonato Wealth Advisors Again Recognized by Forbes as a Best-in-State Wealth Management Team

Ameriprise Financial team in Brookfield, Wis., earns prestigious honor for second consecutive year

DiDonato Wealth Advisors, Ameriprise Financial

DiDonato Wealth Advisors, Ameriprise Financial

BROOKFIELD, Wis.March 21, 2024PRLog — For the second consecutive year, DiDonato Wealth Advisors, a private wealth advisory practice with Ameriprise Financial in Brookfield, was named to the list of “Best-in-State Wealth Management Teams” published by Forbes. The list recognizes financial advisors and their teams who have demonstrated high levels of ethical standards, professionalism, and success in the business.

The rankings are based on data provided by thousands of the nation’s most productive advisors and their teams. DiDonato Wealth Advisors was chosen based on assets under management, industry experience, compliance record and best practices in their practice, and approach to working with clients.

DiDonato Wealth Advisors is led by Managing Director Bob DiDonato, CIMA®, a Private Wealth Advisor with 19 years’ experience in the financial services industry. He has been an Ameriprise Circle of Success member since 2013. DiDonato was named a Forbes “Best-in-State Wealth Advisor” in 2022, and honored as a Five Star Wealth Manager annually since 2013.

DiDonato Wealth Advisors includes Managing Director Debrah Oelke, a financial advisor, Associate Vice-President Ann Massaro DiDonato, CFP®, APMA®, a financial advisor, and support staff Tom Chappelle, Christine Kennedy and Laurie Meissner. The practice has $520 million in assets under management.

DiDonato Wealth Advisors provides financial advice that is anchored in a solid understanding of client needs and expectations and provided in one-on-one relationships with their clients. For more information, please contact Bob DiDonato at (262) 901-1537, visit the Ameriprise office at 300 N. Corporate Drive, Suite 100, Brookfield, or review their team web site: www.didonatowealth.com.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive investment advice, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs. For more information, visit ameriprise.com (https://www.ameriprise.com/).

Visit forbes.com (https://www.forbes.com/?sh=59749c1f2254) for additional information about Forbes.

# # #

Source: Forbes, “Forbes Best-in-State Wealth Management Teams,” Jan. 9, 2024.

The 2024 Forbes Best-in-State Wealth Management Teams list is developed by SHOOK Research and is created using an algorithm that includes both qualitative (in-person, virtual and telephone due diligence meetings; client impact; industry experience; review of best practices and compliance records; and firm nominations) and quantitative (assets under management and revenue generated for their firms) data. Certain awards include a demographic component to qualify. Investment performance is not a criterion because client objectives and risk tolerances vary, and advisors rarely have audited performance reports. This ranking is based on the opinions of SHOOK Research, LLC, is not indicative of future performance or representative of any one client’s experience and is based on data from the previous calendar year. Forbes magazine and SHOOK Research do not receive compensation in exchange for placement on the ranking. For more information: www.SHOOKresearch.com. SHOOK is a registered trademark of SHOOK Research, LLC.

Investment products are not insured by the FDIC, NCUA or any federal agency, are not deposits or obligations of, or guaranteed by any financial institutions, and involve investment risks including possible loss of principal and fluctuation in value.

Ameriprise Financial Services, LLC. Member FINRA and SIPC.

© 2024 Ameriprise Financial, Inc. All rights reserved.

Discipline Wealth Solutions and AdvisorMetric Form Marketing and Training Partnership

Financial Industry veterans form collaborative partnership for financial professionals

GREENVILLE, S.C.March 21, 2024PRLog — Discipline Wealth Solutions Form Marketing Partnership with Industry Veteran Lawain “Mac” McNeil and AdvisorMetric

Greenville, SC – March 21, 2024 – Discipline Wealth Solutions, a federally registered investment advisory firm, is proud to announce its partnership with industry veteran Lawain “Mac” McNeil and his firm AdvisorMetric. McNeil will serve as the Chief Marketing Strategist for Discipline Wealth Solutions. This partnership provides financial advisors with access to cutting-edge technologies, innovative marketing strategies, robust portfolio management, advanced planning solutions, and streamlined operations. The goal is to empower advisors to achieve unrivaled success and deliver exceptional value to their clients.

Founded in 2023 by industry veterans Bryan Ballentine and Anthony Colancecco, Discipline Wealth Solutions provides advisors with the turnkey tools and resources necessary to excel in today’s competitive financial landscape. By joining forces with AdvisorMetric, Discipline Wealth Solutions is poised to deliver unparalleled support and expertise to financial advisory firms and their practice.

Lawain ‘Mac’ McNeil, the founder of AdvisorMetric, brings over 25 years of experience in advisor coaching, marketing, and financial technology. His deep understanding of the industry and proven track record of success will be invaluable in helping independent advisory firms navigate the complexities of the financial world.

Founded in March 2024, AdvisorMetric is a marketing and training firm dedicated to advancing financial advisors’ expertise and efficiency. By offering specialized advisor training, marketing solutions, and benchmarking services, AdvisorMetric empowers professionals to excel in client acquisition, investor education, and personal development while maintaining industry best practices. The firm’s unique approach helps advisors identify performance gaps and areas for enhancement.

“We are thrilled to partner with Mac and AdvisorMetric ” said Anthony Colancecco, co-founder of Discipline Wealth Solutions. “His expertise and commitment to empowering advisors align perfectly with our mission. Together, we will provide financial advisors with the tools, insights, and support they need to thrive in an ever-evolving financial landscape.”

“Advisors using turnkey asset management platforms (TAMPs) often express frustration with the unbalanced and constraining nature of their provider relationships,” said Lawain “Mac” McNeil. “Rather than fostering a mutually beneficial partnership, these relationships tend to be one-sided and limiting.”

Through this partnership, Discipline Wealth Solutions and AdvisorMetric will offer a comprehensive suite of turnkey training and marketing services designed to help advisors optimize their practices, including:

  • Advanced technology solutions for streamlined operations.
  • Integrated marketing strategies to enhance brand visibility and client acquisition.
  • Institutional portfolio management.
  • Personalized coaching and guidance from leading industry experts.
  • Benchmarking and analytics to identify areas for improvement and growth.

For more information about Discipline Wealth Solutions, AdvisorMetric, and their groundbreaking partnership, please contact:

Lawain ‘Mac’ McNeil
Founder, AdvisorMetric
Chief Marketing Strategist, Discipline Wealth Solutions

Bryan Ballentine, CFP ®, CRPC ™
CEO, Discipline Wealth Solutions

Anthony Colancecco Jr. CFP ®, CRPC ™
COO, Discipline Wealth Solutions

Please visit: http://www.disciplinewealth.com

More Retirement and Wealth Management Information is Now Available on MatthewJames.com

 Under the direction of John Blanchard, the retirement and financial planning firm Matthew James Tax & Wealth Management has released a much improved website to help clients and self-directed researchers learn more about retirement planning, wealth management, and tax strategy. Their new website can be found at https://matthewjames.com

Founded in 2018, the firm was originally named The Matthew James Financial Group. Since then the company has rebranded to more directly reflect the focus of their expertise, and is now named The Matthew James Tax and Wealth Management. The firm was originally started when one financial planner took advantage of Blanchard’s parents and it spurred John to learn more about the industry and how to truly help people with retirement. One of Blanchard’s most frequent sayings is “Not all dollars are taxed the same,” and the new website is part of the effort to educate people in having the best retirement strategy possible. Features of the new website allows visitors to read up on the major topics that retirees and pre-retirees face, as well as help them discover their tolerance to risk and investing.

Under the direction of their in-house marketing team with Brian Leleux and Annalee Penny, the firm has an aggressive agenda planned to build out informational websites to really help people retire smart. This new website is just the first of many efforts. The company also has efforts planned that include a podcast, a blog, and at least two other highly focused websites centered around other topics that retirees are concerned with. John Blanchard already publishes a weekly radio show based out of Lafayette, Louisiana called The Retirement Roux with John Blanchard and can be found on Spotify, TuneIn, and heard weekly on KPEL 96.5.

Matthew James Tax and Wealth Management can be reached at 337-366-8366. Their home office is located at 1011 Coolidge Blvd, Lafayette, LA 70503.

Matthew James
Brian Leleux



  • Personal Finance

Cola Wealth Advisors Donates Six Flights to Local Porsche Club Fundraiser for Camp Kemo

 Cola Wealth Advisors recently donated six flights to a charity fundraiser hosted by the local Porsche Club for Camp Kemo, a camp for children with cancer. The event, called Speed & Beauty Concours d’Elegance, brought together car enthusiasts from around the community for a day of fun and fundraising to support this important organization.

Camp Kemo, operated by Prisma Health Children’s Hospital, is a specialized summer camp program that offers a safe and nurturing environment for children and teens affected by cancer. The camp provides opportunities for young people to enjoy new experiences, make new friends, and create lifelong memories while receiving medical care and emotional support.

The Porsche Club’s fundraiser, held at Hunter-Gatherer Brewery by Owens Field, brought together enthusiasts of high-performance automobiles to enjoy a day of camaraderie and competition while raising funds for Camp Kemo. Plus, with the donation of six flights from the Cola Wealth Advisors team, the Porsche Club was able to raise even more money and offer an exciting and unique auction item to support the cause.

The flights were captured on GoPro from the PT-26 aircraft and were part of the auctioned items that raised significant funds for Camp Kemo. Both charity flights are now available to the public eye on Cola Wealth’s YouTube channel.

In addition, news stories about the Porsche Club’s fundraiser and the event itself were featured in Cola Daily and WIS 10 TV Local News, highlighting the community’s support for Camp Kemo and the importance of providing hope and healing to children and their families.

“We are thrilled to have had the opportunity to support such an important cause,” said John ‘Buster’ Wilcox, former Air Force fighter pilot and investment advisor at Cola Wealth Advisors. “Camp Kemo is an incredible organization that does amazing work for children and their families, and we are proud to have played a small part in helping to raise funds for their programs.”

The Three Rivers Region Porsche Club’s website offers more information about the organization and its commitment to community outreach. To learn more, visit http://www.threeriversregionpca.org/.

The Cola Wealth team was proud to have supported the Porsche Club’s efforts to raise funds for Camp Kemo and will continue to seek out opportunities to support organizations that provide essential services to the community.

Rick Mantei is the owner and founder of Cola Wealth Advisors. Securities and advisory services offered through Centaurus Financial, Inc., a member of FINRA and SIPC and a Registered Investment Advisor. Cola Wealth Advisors and Centaurus Financial, Inc. are not affiliated. With the help of Kathy Nishnic, Atul Makharia, Lisa Mantei, Matt Hawkins and Cindy Chiellini, the Cola Wealth team assists more than two thousand families in achieving their financial goals. For more information, please visit https://www.colawealth.com/.

Cola Wealth Advisors
Erin Miller
(803) 748-7666



  • Finance