Alibaba Founder Starts Wealth Management Business in Hong Kong Led by Ex-UBS Banker Cooper Liao
Alibaba has entered the Wealth Management business in Hong Kong with the formation of DC Wealth Management. The management team are former senior UBS UHNW bankers, Cooper Liao, Christina Shi, Leon Li and Andreia Tan.
” DC Wealth Management Led by Ex-UBS Banker Cooper Liao “
The firm is a subsidiary of DC Wealth Group, co-founded by bankers from Greater China, Hong Kong and “part of Alibaba Group’s founding shareholders and other investors.”
DC Wealth provides high-net-worth individuals and institutional investors with family office, external asset management, family trust, insurance, overseas asset allocation and other cross-border wealth management services. Under DC Wealth, other subsidiaries include Hong Kong DC Insurance Consulting, China Hong Kong Asset Management, DC Trust (Asia) and DC Fiduciary Services.