While most of Hong Kong\u2019s independent financial advisors known as IFAs are reeling under the onslaught of government regulation, Athena Best Financial Group has chosen to innovate, impressing customers with a wider range of much-needed professional services that go beyond just product selling, says Danny Tse, the firm\u2019s Managing Director in Hong Kong. <\/span><\/p>\n \u201cRegulation is not totally undeserved simply because as a financial city, we have to embrace best business practices so while the government is doing its part, it is up to us as an industry to continue to serve our customers as best as we can,\u201d says Tse. And he has chosen to do that by starting subsidiaries that offer more than just advisory services. <\/span><\/p>\n \u201cAside from regulation, we also see China curbing the outflow of capital and the impending super authority (widely regarded as the insurance version of the SFC) as reasons for concern as to the impact this will have on the industry,\u201d says Tse.<\/span><\/p>\n \u201cWe\u2019ve decided to focus on progress meanwhile and provide the markets with what is needed now, which is better quality of financial service, a wider choice of products locally and internationally and of course to advise our customers on international investment opportunities.\u201d <\/span><\/p>\n \u201cOn the human resources side, attracting and retaining quality talent with high moral and ethical standards will be another challenge that we as a company and as an industry have to tackle.\u201d <\/span><\/p>\nChallenge is Good <\/span><\/h3>\n
Days Ahead<\/span><\/h3>\n