Mitihoon – SCB-Julius Baer Securities Co., Ltd., a joint venture between Siam Commercial Bank and Julius Baer, has launched the “SCB Julius Baer Wealth Planning Series,” an exclusive program designed to advance wealth planning knowledge and support Thai families in managing and transferring wealth across generations. Held under the theme “Prepare Today, Protect Tomorrow,” the initiative focuses on strengthening family governance and promoting the professionalization of Family Offices to help families navigate increasingly complex wealth structures and evolving generational roles.
The seminar brought together international experts from Julius Baer, Baker McKenzie and Family Business Asia to share global perspectives on the challenges facing many multi-generational Thai families today, including the growing complexity of asset structures, the geographical dispersion of family members across multiple jurisdictions, and the need for transparent, well-structured wealth management frameworks. The event was recently held at the Baker McKenzie Thailand office.
Mr. Adrian Mazenauer, Chief Executive Officer of SCB-Julius Baer Securities Co., Ltd., said: “As Thai families expand internationally and navigate increasingly complex wealth structures, governance and professionalisation have become essential—not optional. Through the Wealth Planning Series, we aim to provide families with the frameworks, expertise, and global perspectives needed to build sustainable, values‑aligned legacies. This reflects our commitment to standing alongside our clients at every stage of their wealth journey, true to our promise: ‘Your legacy. Our promise.’”
During the panel discussion “Governance for Your Family Wealth,” Ms. Grace Ng, Executive Director Wealth Advisory Julius Baer, emphasized that transparency and clearly defined governance frameworks are essential to reducing potential conflicts and ensuring a smooth transfer of wealth. Mr. Navaphol Viriyakunkit, Managing Director of Family Business Asia, added that trust plays a critical role in enabling families to openly address sensitive topics, from business succession planning to defining shared family values. Both speakers agreed that effective governance begins with honest communication and alignment within the family.
Legal and tax planning were also highlighted as key pillars of long-term wealth protection. Mr. Panya Sittisakonsin, Partner (Tax and Wealth Management) at Baker McKenzie (Thailand), underscored the importance of establishing appropriate legal and tax structures early on, particularly in relation to asset ownership frameworks, tax exposure and regulatory considerations, which are critical in mitigating risks for ultra-high-net-worth families.
Another important topic discussed was philanthropy, which is increasingly viewed as a governance tool that strengthens connections across generations. Ms. Laura Hemrika, Chief Executive Officer of the Julius Baer Foundation, noted that structured philanthropic initiatives can create a “neutral learning environment” where family members from different generations can collaborate, develop shared goals and reinforce a strong family identity—particularly as younger generations seek greater involvement in initiatives that create meaningful social impact.
In the session “Professionalizing the Management of Your Family Wealth,” speakers highlighted the accelerating shift among Thai families toward more institutionalised Family Office structures as wealth ecosystems become increasingly complex. Many families are moving beyond informal arrangements to adopt clearer governance frameworks, enhanced reporting standards, and more robust oversight mechanisms. Mr. Christos Anagnostopoulos, Executive Director and Head of Family Office Solutions / Advisory (Asia), Julius Baer, noted that this transition is being driven by several factors: the growing involvement of next generation family members, the expansion of cross border asset holdings, and the need for greater accountability within families. He emphasised that institutional grade processes help families navigate multi-jurisdictional considerations with greater confidence and clarity.
Ms. Dawn Quek, Principal at Baker McKenzie Singapore, highlighted that as families grow in scale and complexity, they increasingly seek more structured operating models to support decision making, risk management, and long term continuity. She noted that professionalisation is not merely an administrative upgrade—it is a strategic evolution that helps families balance unity with individual aspirations, especially as siblings and cousins take on diverse roles across the family enterprise. Both speakers agreed that a well-structured Family Office can serve as a bridge between generations, aligning the priorities of older members focused on wealth preservation with the interests of younger members who are increasingly drawn to ESG, technology, and impact driven opportunities.
ติดตามช่องทางมิติหุ้นเพื่อรับข่าวสารตลาดทุนได้ตามลิงค์ด้านล่าง
Web : https://www.mitihoon.com/
Facebook : https://www.facebook.com/mitihoon
Youtube : https://www.youtube.com/@mitihoonofficial7770
Tiktok : www.tiktok.com/@mitihoon
