Next Generation Partners

Firms To Watch: Private wealth: PRC firms

Miao Zhao leads the Jingtian & Gongcheng private wealth team which acts for family offices and individuals on both litigious and non-litigious matters.  
The boutique firm Shanghai Hairuo Partners, led by founding partner Weiyi Wu, specialises in family and private wealth management. It advises on family wealth inheritance planning, cross-border asset allocation, corporate equity structure planning, family trust, and complex family dispute resolution.

Private wealth: PRC firms in China

Zhong Lun Law Firm

Zhong Lun Law Firm is widely recognised as the market-leader in PRC private wealth legal advice. The practice is co-led by the heads of the corporate departments, Han Hao and Audry Li, and the heads of the taxation and wealth planning practice groups, Mingjun Jia and Mark Gao. Jia is experienced in representing clients in disputes arising from equity inheritance and control rights of listed companies. Gao also regularly acts for clients with listed assets regarding family trust and family office structures. Peter Ni excels in succession planning services for founders of listed companies, including advice regarding marital status and tax planning for Chinese and other citizens. Hengka (Henry) Ji specialises in providing trust services to private banks and companies.

Practice head(s):

Han Hao; Audry LI; Mingjun Jia; Mark Gao


Other key lawyers:

Peter Ni; Hengka (Henry) Ji; Ashley Hu; Sakura Ji; Xin (Amber) Guan


Testimonials

‘Henry Ji’s team always makes themselves available and responsive for all of our urgent legal needs and sends back high quality advice. They are experts in many aspects and professional areas and as client, you do not need to search for different advisors.’

‘Henry Ji is young, capable, highly professional and definitely a compassionate leader for all cross-border matters.’

‘Zhong Lun is a leading Chinese law firm that provides tax law and personal and family wealth planning services.’

‘As one of the largest and most experienced private client legal advisors in Greater China, Zhong Lun excels in providing comprehensive wealth planning legal services to ultra-high net worth individuals and families.’

Key clients

Private Bank of Industrial and Commercial Bank of China


Private Bank of China Construction Bank


DBS BANK LTD


Law & Associate (Ireland) Consulting Limited


Henley & Partners Hong Kong Ltd


Work highlights


  • Advised Private Banking of Industrial and Commercial Bank of China on a few private client training and advisory services.
  • Advised Private Bank of China Construction Bank on a number of private client training and advisory services.

AllBright Law Offices

The AllBright Law Offices' private client and wealth management team focuses on non-contentious private client matters, including inheritance, marital affairs, and tax planning. Xuanling Guo leads the practice from its Shenzhen office, and regularly advises banks on the application of insurance, trust, will-making, gifts, and other tools for inheritance. In Shanghai, Xianming Li, often assisted by Han Zhang, advises trust companies on standardised family trust products, such as the right to claim insurance and disposal of trust property. Also in Shanghai, Qing Fang advises on matters concerning marriage planning regarding equity changes of companies, as well as divorces and relevant litigation plans regarding controlling rights of listed companies and division of equity.

Practice head(s):

Xuanling Guo


Other key lawyers:

Xianming Li; Han Zhang; Qing Fang


Key clients

Nanyang Commercial Bank Limited


BOCOM International Trust Company Limited


Shanghai International Trust Company Limited


Huaneng Guicheng Trust Company Limited


Hunan Caixin Trust Co., Ltd.


Minmetals International Trust Company Limited


ICBC AXA Life Insurance Company Limited


Work highlights


Dacheng

The family office business centre at Dacheng provides a range of litigation and non-litigation private wealth advice for high-net-worth individuals. In Beijing, Lijun Huang regularly engages clients regarding onshore and offshore trust issues, including relevant matrimonial and family litigation. Jing Xue, ‘a very professional and warm lawyer’, is an expert in establishing family trusts and dismantling wealth inheritance planning projects. In Shanghai, Naidong (Michael) Ma recently represented a client in a divorce dispute with their partner, both of whom were persons of significant control in a listed company. Jun Zhang is another key individual to note.

Other key lawyers:

Lijun Huang; Huimin Zhang; Naidong (Michael) Ma; Jing Xue; Jun Zhang; Xiaochu Zhang; Sean Wang


Testimonials

‘Dacheng Law Firm has strong innovation capabilities in legal business, and its service capabilities cover all legal and tax fields of wealth management for high-net-worth individuals, with high-quality service capabilities.’

Lijun Huang’s team of lawyers has in-depth legal expertise and extensive practical experience. They have provided us with comprehensive and customised legal solutions covering the areas of family trust establishment, corporate governance, wealth inheritance planning, tax compliance and cross-border asset allocation, which have effectively solved our pressing issues.’

‘Jing Xue’s team of lawyers is the top domestic team of wealth management lawyers, from Beijing Dacheng Law Firm.’

‘ Jing Xue is a very professional and warm lawyer.’

‘The family office team of Dacheng Law Firm is unique in the industry for its comprehensive, personalized and international services.’

‘Jing Xue is an outstanding family wealth inheritance lawyer with a great reputation in the industry. He is a very rare professional leader in the industry.’

Xiaochu Zhang and Jun Zhang have extensive experience in asset structure reorganization and planning involving domestic and overseas tax issues. In terms of cross-border business, they are able to accurately select the cooperation of appropriate overseas professional institutions to provide customers with high-quality wealth planning services.’

Sean Wang has rich experience and innovative capabilities in wealth management law and taxation. He stands out for his top-level innovation capabilities.’

Work highlights


East & Concord Partners

Based in Guangzhou, Zejun Lin leads the family and wealth management team at East & Concord Partners. Lin is particularly experienced in a vast range of cross-border matters, including assisting foreign families with migration to China, and providing families with offshore trusts, among other services. Xue Bai is well-versed in building family trusts and employee trust structures for controllers of domestically listed companies. Shuo Wu is also an expert on family trusts and inheritance plans.

Practice head(s):

Zejun Lin


Other key lawyers:

Xue Bai; Shuo Wu


Work highlights


Haiwen & Partners

Haiwen & Partners have a strong focus on assisting domestic clients with offshore family trusts, often in jurisdictions including the US, Singapore, Jersey, British Virgin Islands, and the Cayman Islands. Shanghai-based Han Bao heads the practice, and regularly assists clients in setting up and restructuring family and charitable trusts, often regarding substantial shares in companies that are to be listed overseas. Han is supported by Livia Tao and Cynthia Zhang.

Practice head(s):

Han Bao


Other key lawyers:

Livia Tao; Cynthia Zhang


Work highlights


King & Wood Mallesons

King & Wood Mallesons‘ family wealth management and inheritance team is led by Beijing-based Hui Wang who excels in inheritance planning, and the succession of controlling stake in listed companies. In Shanghai, Peng Wu, a dispute resolution specialist, regularly represents both Chinese and international clients in marriage and separation of property disputes. Also in Shanghai, Hui Zheng is experienced in assisting clients with reorganising their family businesses and governing structures, as well as designing company trusts. Yongqing (Bill) Ye is another name to note who advises high-net-worth individuals on the tax aspects of wealth planning and management.

Practice head(s):

Hui Wang


Other key lawyers:

Hui Feng; Peng Wu; Hui Zheng; Daisy Duan; Yongqing (Bill) Ye


Key clients

CCB Trust


A PRC high-net-worth individual and the family


Haimo Technologies Group Corp. & the actual controller


Bode Energy Equipment Co., Ltd. & the actual controller


HNA Trust Management Co., Ltd.


China Construction Bank


DBS China


AIA Life Insurance Co., Ltd. (AIA China)


Work highlights


  • Advised one of the founders of a renowned group, in the overall planning and implementation of the inheritance of equity in dozens of domestic/overseas companies, including drafting of domestic/overseas wills, establishment of domestic/overseas family trusts and conclusion of marital property agreements.
  • Advised the listed company Haimo Technologies Group Corp., its actual controller, and its directors, supervisors and officers involved on the resolution of a collective redress dispute with investors in connection with securities misrepresentation, helping the listed company and its actual controller avoid significant losses.

Commerce & Finance Law Offices

The private wealth team at Commerce & Finance Law Offices has extensive experience in assisting families and family businesses with compliance, wealth management, and tax planning. Xiaoman Zhang and Kun Liu jointly lead the practice. Liu is well-regarded for complex matters such as separation of family and enterprise cases. Haoran Chen regularly advises the founder of the companies on personal tax planning and overseas asset relocation during the pre-IPO stage.

Practice head(s):

Xiaoman Zhang; Kun Liu


Other key lawyers:

Haoran Chen


Work highlights


DeHeng Law Offices

The DeHeng Law Offices global fortune centre team specialises in advising on domestic and overseas investment management and family office and wealth management. Beijing-based practice head Weifeng Guo is experienced in a wide range of wealth advice for family companies, including setting up wealth inheritance committees, philanthropies, and family foundations. Based in Tianjin, Qi Cao is experienced in the establishment and governance of client's family offices.

Practice head(s):

Weifeng Guo


Other key lawyers:

Qi Cao; Jiaji Du; Ruchuan Tang; Jia Zhang


Key clients

HT Capital


CITIC Trust


China Construction Bank Private Banking


CHINA CHARITY FEDERATION


Beijing Air Business Investment Management Co., Ltd./Air Business College


Qijia Private Equity Fund Management (Hainan) Co.(MFO)


GREATWALL LIFE


GUOLIAN LIFE


Hangzhou Civil Affairs Bureau(Charitable trusts)


ICBC Private Banking


Tonglu Charity Federation


Work highlights


  • Advised HT Capital, a well-known family office in China, on a series of domestic and overseas investments.
  • Advised Beijing Air Business Investment Management Co., Ltd. on setting up a family wealth inheritance committee, and assisting with wealth management including asset allocation and crisis management to member companies.
  • Advised CITIC Trust Co., Ltd. on the establishment of multiple family office and investment platforms, provided a series of family business, family office and wealth management services including the creation of many family charters and family funds.

Global Law Office

The Global Law Office's private client and wealth management team leverages its strength in trust, tax, banking,  capital markets, marital and family matters as well as mediation and dispute resolution. It acts for high-net-worth individuals and families on a broad range of wealth management an succession planning matters. The team is jointly led by Chengdu-based Feng Sheng, Shanghai-based Jerry Liu, Tim Yimin Liu and Jun Qian, and Beijing-based Shino Hu. Sheng has notable experience in asset protection, tax planning, transfer, inheritance and other aspects of planning for high-net-worth individuals and individual shareholders. Qian who is a certified public accountant and certified tax advisor, excels in setting up family trusts and investment plans.

Practice head(s):

Feng Sheng; Jerry Liu; Jun Qian; Shino Hu; Tim Yimin Liu


Other key lawyers:

Minghao Xu; Dongdong Wang


Key clients

Taiping Life Insurance Co., Ltd. Chengdu Central Branch


Taikang Life Insurance Co., Ltd. Sichuan Branch


Taiping Life Insurance Co., Ltd. Chengdu Central Branch


Taikang Life Insurance Co., Ltd. Sichuan Branch


Taiping Life Insurance Co., Ltd. Chengdu Central Branch


Taikang Life Insurance Co., Ltd. Sichuan Branch


Work highlights


  • Advised ABC Wealth on the Preparation of Wealth Management Joint Venture.
  • Advised CITIC Trust and Dajia Health Pension Industry Investment Management Co., Ltd. on landing the first Community Direct Payment Service Pension Trust.

King & Capital Law Firm

King & Capital Law Firm‘s wealth management team has a strong focus on designing trusts. The practice is jointly led by Beijing-based Huiyun Gao who is experienced in designing equity trust programs for family businesses, including for international beneficiaries and Gary Bai who regularly advises on family trusts, family equity trusts, and charitable trusts.

Practice head(s):

Huiyun Gao; Gary Bai


Other key lawyers:

Liang Han; Fei Pei; Jie Teng


Key clients

CCB TRUST CO.,LTD.


CITIC Trust Co.,Ltd.


PetroChina Fushun Petrochemical Company


NORTHERN INTERNATIONAL TRUST CO.,LTD.


Work highlights


Merits & Tree Law Offices

The Merits & Tree Law Offices family law and private wealth team is led by Fangfei Ouyang, Chunjie Zheng, Kailun Li, and Fangfang Gui. Ouyang assists family offices with setting up trusts and organising their inheritance. Zheng is adept in inheritance planning services and foreign-related divorce and equity transfer disputes. Li’s practice focuses on establishing trust systems, including compensation incentive trusts and equity incentive systems.

Practice head(s):

Fangfei Ouyang; Chunjie Zheng; Kailun Li; Fanggang Gui


Other key lawyers:

Lu Zhou; Xinghan Wu


Testimonials

‘Strong business innovation capabilities, sufficient professional knowledge and high communication efficiency.’

Key clients

Minmetals International Trust Co., Ltd


Everbright Xinglong Trust Co., Ltd.


China Foreign Economy and Trade Trust Co., Ltd.


Harvest Fund Management Co., Ltd.


China Minsheng Banking Corp., Ltd. (CMBC)


China Merchants Bank (CMB)


Wong partnership LLP


Shanghai Kedun Partner TV Drama Production Co., Ltd


Work highlights


Yingke Law Firm

Yingke Law Firm's private wealth management offering is singled out for its 'cross-regional and cross-border collaboration capabilities', leveraging its impressive network of offices in China and overseas. The team is led by Shenzhen-based Qin Du who is experienced in planning family businesses, including diversifying investments and implementing equity incentive systems. In Beijing, Xiaojing Cao is regularly instructed in family investment management, including advising on domestic and foreign-listed shares and real estate.

Practice head(s):

Qin Du


Other key lawyers:

Xiaojing Cao; Wei Li; Xi Chen


Testimonials

‘Wei Li’s team has developed many practical trust-related legal service products and has a good reputation in the legal industry, financial industry and high-net-worth client groups.’

‘The biggest advantage of Yingke Private Wealth Team is its large scale, comprehensive network, abundant talents and rich experience. It is also innovative in service methods and has strong cross-regional and cross-border collaboration capabilities.’

Work highlights