DL Holdings Unveils Global AI Family Office for Strategic Wealth Management

DL Holdings Group Limited, a Hong Kong-listed financial services and asset management platform, has announced the launch of its artificial intelligence (AI) family office. This move is set to accelerate the company’s global strategic planning of AI wealth management, building on the foundations of its existing digital family office.

The surge in AI technology’s development and its global industrial application have presented both opportunities and challenges to the wealth and asset management sectors. The traditional methods of wealth management, asset allocation, valuation structure logic, and most importantly, customer needs are evolving in an unpredictable manner.

DL Holdings aims to stay ahead of this curve by creating a decentralized AI platform based on large models and big data. This platform is anticipated to be the backbone of future family office development and the wealth management industry.

Andy Chen, Chairman of DL Holdings Group, emphasized that artificial intelligence is set to revolutionize traditional family offices. He said that where family office services were once exclusive to ultra-high net worth clients, AI now allows individuals from all walks of life to have their own family offices. This change will enable them to enhance their financial investment capabilities and strive towards self-improvement.

DL Holdings is dedicated to embracing the opportunities and challenges presented by AI. The company has established the DL Institute For New Economic Research and a digital family office, transforming its asset management business into a smart asset management and wealth inheritance platform supported by digital technology.

Building on this foundation, DL Holdings has established a global AI business department. The AI family office system based on DL-GPT API is currently in the research and development phase and is expected to launch in January 2024.

The company also has plans to discuss science, technology, economy, and education with the presidents of China and the United States at a meeting in San Francisco. DL Holdings has incorporated an AI technology company in Silicon Valley, US, with the aim of creating a new ecosystem of AI wealth management.

This new ecosystem will leverage AI technology and blockchain technology to uphold the “Delivering Legacy” philosophy of the Group. It will provide everyone with access to an AI steward that can learn and evolve independently, giving them their own family office and control over their wealth and life.

DL Holdings Group (1709.HK) is primarily focused on investment banking business, covering securities trading, financial consulting, multi-strategy investment fund management, investment research, financial loans, and other financial services. Its subsidiary, DL Securities, holds SFC licenses for Type 1 (securities trading), Type 4 (advising on securities), and Type 6 (advising on corporate financing) regulated activities.

The Group’s subsidiary, DL Capital, primarily provides asset management services, holding SFC licenses for Type 4 (advising on securities) and Type 9 (asset management) regulated activities. ONE Advisory, another subsidiary of the Group, offers bespoke and comprehensive global identity planning consulting services and solutions for high-net-worth individuals and families.

The listed company also holds a Singapore RFMC fund license and a Cayman Islands SIBL fund license. It has established 18 limited partnership funds in Hong Kong, primarily investing in private equity. Seazon Pacific, another Group subsidiary, is dedicated to providing comprehensive solutions for supply chain management.

In the latest AI news, DL Holdings’ move towards AI-based wealth management represents a significant shift in the industry, demonstrating the potential of AI tools like the AI images generator and AI text generator in transforming traditional business models.