Harneys Fiduciary, an Ascentium company, has announced the launch of its trust services in Singapore following the grant of a Trust Business Licence by the Monetary Authority of Singapore. This expansion positions Harneys Fiduciary among a select group of firms authorised to conduct trust business in the region, aiming to support high-net-worth and ultra-high-net-worth individuals, their families, and businesses with sophisticated cross-border wealth structuring solutions.
The Singapore Trust Services team will provide a comprehensive suite of trust solutions, focusing on asset protection and multigenerational succession planning. These services are tailored for families with global assets and interests, ensuring the safeguarding of their legacy. Keith Ng, Director and Head of Trust Services, will lead the team. Ng, who joined the firm earlier this year, brings over 20 years of experience in administering complex trust structures, particularly in cross-border trust solutions and contentious matters.
Ross Munro, CEO of Harneys Fiduciary, stated, “Singapore is a pivotal hub for private wealth in Asia, and we are really pleased to expand our trust capabilities there.” He emphasised the firm’s long-term vision to support clients in key financial centres globally. Ng added, “Launching trust services in Singapore allows us to serve clients with greater proximity and cultural alignment.”
This new offering complements Harneys Fiduciary’s established presence in the British Virgin Islands, Cayman Islands, Cyprus, and Hong Kong SAR, leveraging its global network and deep technical knowledge to deliver bespoke trust solutions.
