Wealth-X Profiles Global Single Family Offices

SINGAPORE, May 10, 2012 /PRNewswire/ -- Wealth-X, the global UHNW prospecting, intelligence and wealth due diligence firm, has unveiled detailed information on nearly 700 global single family offices representing over $1 trillion of assets under management. This new intelligence is available exclusively to Wealth-X members.

The new capability provides professionals targeting single family offices (SFOs) with insight on several hundred offices, including critically detailed information on the wealth creator to whom the office is linked. "The ability to provide those seeking insight into the motivating factors and investment perspectives of the owners is incredibly valuable for professionals in ultimately winning and retaining mandates," said Mykolas D. Rambus, Chief Executive Officer of Wealth-X. "The link between ultra wealthy individuals and the family offices that manage their wealth is often obscure, yet it is a key factor behind the selection of one asset manager over another. For private wealth, capital introduction and investor relations professionals, our expanding intelligence has helped them to secure more commitments faster," he explained.

David S. Friedman, President of Wealth-X elaborated, "With the continued evolution of the Single Family Office as a vehicle to protect and enhance wealth, it's no surprise that ultra-wealthy families are creating these standalone entities in record numbers. There is a great opportunity for those servicing SFOs in Europe, the Americas, the Middle East and Asia to refine their business development processes to capture market share, starting with market analysis followed by specific targeting based on a myriad of important factors."

For more information, please visit: www.wealthx.com

About Wealth-X

Wealth-X provides its members with qualified prospects and intelligence on ultra high net worth (UHNW) individuals, along with the privately held-companies they control. We work with 8 of the top 10 global private banks, leading educational institutions, not-for-profits and luxury brands. Our firm's online business development solution profiles individuals who represent $10.7 trillion of the world's net wealth. The Wealth-X database additionally offers exclusive details on ultra wealthy individuals, including their wealth, income, passions, philanthropic interests, affiliations, politics, advisors, families and biographies. Wealth-X is the global leader on UHNW individuals and the worldwide standard for professionals working with the ultra affluent. Headquartered in Singapore, the company has offices in Beirut, Guangzhou, Hong Kong, Kuala Lumpur, London, Lugano, Madrid, New York and Sydney.

SOURCE Wealth-X