Spear’s Review

Andra Ilie, a senior adviser at HSBC Private Bank, advises multigenerational families seeking to establish a family office, as well as existing family offices and businesses on issues of professionalisation, structuring and governance.  

This can range from writing family constitutions and making succession plans, to reviewing the efficiency of family offices and advising on philanthropic strategy after an inheritance, liquidity event or divorce. Her work is complemented by the wider HSBC ecosystem, and she can connect clients to investment and other private banking services when needed.

Ilie’s clients span the globe, but she notes that a large proportion come from the Middle East. One key focus for her and her team is preparing the next generation, who are often seeking clarity around their responsibilities and roles within the family office space.

No matter the client, Ilie says, ‘What we’re trying to do every single time is be as impartial and as objective as possible.’