🏆 MBMG Wins Family Office Award 2021🎇
Best Family Office 2021
BANGKOK, October 2021
MBMG Group Family Office, the nexus of services provided by both MBMG Investment Advisory and MBMG’s, insurance, legal, audit, accounting, business, tax and technology advisory practices, was honoured as ‘Best Family Office’ at the highly prestigious, International Investment Awards 2021, having last year been selected as the ‘Highly Commendable’ runners-up in the same category.
The accolade was announced at the 22nd annual awards ceremony of International Investment, the leading international investment profession publication. The event was, for the second year, held as a virtual or online event due to the continued challenges posed by the COVID-19 pandemic.
“We are delighted that the exceptional quality of all our team has been recognised once again by the leading global award for family offices and family office service providers. This is testimony to the hard work of the entire team to constantly confirm our market-leading capabilities as Asia’s leading professional advisory practice, a highly competitive and fast growing but critically important and fast-growing sector. ”
Paul Gambles of MBMG Group Family Office said
The awards cover the full range of international investment businesses, products and services. These include the highly technology-based investment platforms that discretionary wealth managers embrace as part of the new approach to investment advice (and which form a key part of MBMG Investment Advisory’s unique database of products and services) as well the continued recognition of legacy products and services from more traditional commission or brokerage approaches to international investment advice.
The awards still reflect to some extent the historic dominance of the UK and its offshore centres, such as the Channel Islands and the Isle of Man, especially in relation to such legacy products and services, but the increasingly global nature of the modern international investment sector is evident with an increasing number of awards and commendations being garnered by winners from North America, Europe, Scandinavia, the Middle East, Asia, Australasia and even some recognition of Africa and Latin America.
Recent or newly added categories of award included welcome recognition for Diversity and also for Environmental, Social & Governance.
The Anna Karenina Principle
MBMG Group Founding Partner Paul Gambles once again quoted the opening lines of Tolstoy’s novel as informing his approach to family offices –
“Happy families are all alike; every unhappy family is unhappy in its own way” –Paul takes the view that while successful families can succeed to a certain extent in an almost infinite number of ways, the sustainable successful development of each family’s resources is a unique and highly personal matter and has commented – “This unique tailoring or bespoke personalization is our guiding, basically what I term the Anna Karenina principle” he adds.
In an age where there is an ever increasing number of highly questionable awards dependent upon commercial considerations, it should be noted that both MBMG Group, affiliates, and all related entities of the Group, have not in any way sponsored or provided any financial benefits of any kind to Incisivemedia (the owner of International Investment Awards) or its related entities, affiliates or individuals, have no plans to do so in the foreseeable future, and consider that the award has been conferred entirely on merit.
What is a Family Office?
Important needs that a family office might require can include:
- Co-ordinating family strategy.
- Providing legal structuring advice and implementation.
- Tax planning and compliance.
- Estate, succession, legacy and inheritance planning.
- Philanthropic, social and community involvement.
- Consolidated valuations, risk evaluation and management suitable protection across the family’s assets.
A family’s values and vision, even more than the sum of its accumulated wealth, define its legacy.
A family office aims to integrate these values into all aspects of a family’s planning and arrangements, helping to express that vision through a cohesive impact that survives through the generations.
Many of MBMG Family Office’s clients might be regarded as smaller family offices, with cash flows, businesses and investments at generally lower levels than might be the province of the family office.
We take the view that it is best to have a structure and a vision as early in the process as possible and then to develop and refine this over time.
🏆The International Investment Awards🏆
The International Investment Awards are now in their 22nd year and are the longest running event of their kind.
There are 30 categories covering the full spectrum of the international investment profession. Awards such as ‘Best Family Office’ are determined by an independent panel of expert judges, using a strict methodology published by International Investment, although some award categories also reflect the votes of the publication’s readers.
About MBMG Group:
was established in 1996 as Thailand’s first broad-based provider and turnkey corporate professional services from the startup of a business and throughout its growth and development while the Hua Hin branch was established almost 10 years ago to serve the growing needs of SME businesses and individuals in that area.
The Group also provides insurance brokerage, a family office and tax consultancy and a Thai SEC-licensed Investment Advisory. MBMG Group is a member of GGI the largest global multidisciplinary alliance of independent accounting, audit, law, and consulting firms.
MBMG Investment Advisory is licensed by the Securities and Exchange Commission of Thailand as an Investment Advisor under licence number Dor 06-0055-21.
For more information and to speak with our advisor, please contact us at info@mbmg-investment.com or call on +66 2 665 2534
Please Note: While every effort has been made to ensure that the information contained herein is correct, MBMG Group cannot be held responsible for any errors that may occur. The views of the contributors may not necessarily reflect the house view of MBMG Group. Views and opinions expressed herein may change with market conditions and should not be used in isolation.
