888 Advisory AssociatesBanking, Financial Services & Human Capital Advisers
888 Advisory Associates
Why do some of the most respected banks and financial institutions, wealth managers, family offices and financial advisers choose to work with 888 Advisory Associates?
Founded in Singapore, 888 Advisory Associates is a boutique advisory and development firm specialising in the Asian finance industry’s client, people, and leadership needs.
The firm was founded with a passion to restore the core values of finance including client-centricity, delivering high-quality work, building long-term relationships, honesty in all matters, and fiduciary responsibility.
The Wealth Management & Family Office practice delivers expertise and support on family as well as business leadership, succession planning, family governance, constitutions, & values. The Banking and Financial Institutions practice helps clients develop first-class client-advisory skills and grow their people and client leadership capabilities. Together, this combination contributes to ensuring Asia’s finance industry is well placed to serve the needs of today’s clients and their families as well as those of tomorrow’s generation.
Focus for Wealth Managers & Family Offices
Customised family governance and constitutions
Succession planning and wealth transfer
Leadership development for business and families
Focus for Banks & Financial Institutions
Holistic client-advisory skills
Client & People leadership development
Whilst headquartered in Singapore, 888 Advisory Associates serves clients across the Asia Pacific region as well as Asian family offices with a European presence.
Constantly curious and driven by the desire to always make things better through a commitment to service excellence. Therefore, we do not believe in standard solutions or skipping where the fence is lowest.
Services & Expertise we provide
Client journeys remain far from what they could be. Most are designed to deliver a uniform experience. In the future, the successful adviser will be different. They will deliver client experiences customised to the clients’ backgrounds, personal styles and preferences. Through the application of neuroscience and natural language preferences, aligned to the regulatory advisory process, we help clients take their already successful advisers to new levels of achievement and client satisfaction.
The key to attracting and engaging talent remains the leader. The best articulate and deliver a bespoke experience in a way that is distinctive when compared to competitors. By understanding neural and natural language preferences, they tailor their communication and positively impact motivation to act. They are masters at attracting, retaining and engaging talent to the highest levels of performance. We help leaders understand and apply the what and how of neural preferencing and natural language leadership. In a simple-to-understand, easy-to-use approach, leaders successfully bring these two aspects together in key talent conversations.
Often, the Next Generation is served as a homogeneous group. Viewed through the prism of age and, or AUM. As such services are often uniform across the clients' advisers and wealth managers. For the Next Gen, personal goals matter and vary widely. They include assuming the role of family CIO, becoming a self-directed philanthropist, managing the family business, or becoming an entrepreneur. With this backdrop, a single uniform approach isn’t enough. Partnering with clients we help better segment and bring to bear full organisational capabilities; surface existing external relationships to deliver new services and convert the Next Generation into advocates and clients.
Family-owned companies grow over many years and as such, their needs become more complex. Key succession questions include: is it appropriate to transfer leadership within the family? What should the company's future look like? Should a solution outside the family be a consideration? Crucial factors for successful succession include not only business leadership but also family emotional support. We assist the family with end-to-end succession planning, candidate selection, and maintenance of family harmony to ensure a seamless transition to the next generation of leaders.
Family values and purpose establish the principles family members live by. They lie at the heart of the family’s history and provide cross-generational and family cohesion. When missing the result can be a siloed approach to wealth preservation and management, undoing many years of hard work. With a methodology that ensures universal adoption, we help families craft their purpose and values and define what these mean to each family member.
Incorporation of digitalisation into the end-to-end client experience can be challenging. Recognising that whilst training and performance KPIs are important, they alone are not enough to assure long-term adoption. We help client organisations, and their people make the necessary paradigm and behavioural shifts with comprehensive insight, practical actions and communication strategies.
Clients we work with
Banking & Financial Institutions
From client advisory, to leadership capabilities and on to digital adoption, we help our clients to navigate the here and now and see how best they can secure future success.
Private Banks & Wealth Managers
The next generation of clients, advisers and leaders are the collective future. Helping our clients develop and serve these groups today ensures ongoing prosperity for all.
Single and Multi-Family Offices
From people leadership to corporate structure and management practices, we partner to help clients grow their operating model, leadership bench and client capabilities.
Financial Advisory Firms
We partner with boutique advisers and help identify and develop their unique value propositions in such a way as to be better placed to defend and grow their client and people franchise.