Lighthouse Canton Wins 'Best Family Office - UAE and Middle East’ at Global Private Banking Innovation Awards 2024

Leading global investment firm, Lighthouse Canton has cemented its position as a prominent provider of innovative family office solutions, securing two prestigious awards at the recent Global Private Banking Innovation Awards 2024 held in London on June 5th.‍

The firm was recognized as both ‘Best Family Office – United Arab Emirates’ and ‘Best Family Office – Middle East’, solidifying its commitment to delivering exceptional wealth management solutions to clients across the region. The Global Private Banking Innovation Awards celebrate excellence within the private wealth sector, honouring institutions that excel in advisory services, unbiased research, bespoke solutions, and exceptional client service. Lighthouse Canton’s win is a testament to its dedication to these core values, demonstrated through a rigorous judging process overseen by a panel of industry experts.‍

Shilpi Chowdhary, Group CEO of Lighthouse Canton, commented, "These awards are the real validations to Lighthouse Canton's dedication to the Middle East. Over the past six years, we've focused on building a client-centric approach with innovative solutions, and the impact is evident. We're grateful for the unwavering trust of our clients, partners, and team who make this success possible."‍

“The UAE team has taken forward Lighthouse Canton’s vision of delivering innovative investment solutions to our clients. Our teams have consistently delivered institutional-level family office services that stand out in the Middle East. We are at the forefront of developing the EAM/IAM industry in the region, furthering trade and investments between our key regions. Our ability to build these capabilities within a relatively short period validates the hard work of our team and reaffirms our dedication to pushing boundaries and delivering excellence”, says Prashant Tandon, MD & CEO of Lighthouse Canton UAE.‍

Over the past six years, Lighthouse Canton has leveraged its global expertise to provide institutional-level family office services to UHNWI and accredited investors in the UAE. On the wealth management side, it has evolved its offerings from pure wealth management and banking services, providing in-house structuring and cross-border solutions with its legal and business solutions team. It has tied up with regional and international institutional partners and private market facilitators to provide exclusive investment opportunities to its clients. Lighthouse Canton also launched a proprietary AI-powered wealth management platform, LC Vantage, focusing on redefining the wealth management experience for its UHNWI clients. Through its asset management business, Lighthouse Canton’s Venture Debt and Equity strategies is also empowering promising startups from India and Southeast Asia. Among its other recent achievements is establishing a Fund Management Entity (FME) in GIFT City, India’s first International Financial Services Centre, thus offering global investment opportunities through an Alternative Investment Fund (AIF) vehicle. ‍

Lighthouse Canton's wealth management business has garnered numerous accolades, including the Asian Private Banker Best Independent Wealth Manager for three consecutive years, Best Independent Wealth Manager - Investment Advisory, and receiving ‘Highly Commended’ recognition for Independent Wealth Manager India. This is also Lighthouse Canton’s second series of awards from the Global Private Banking Innovation Awards. In 2022, it was also awarded the Best Family Office awards for both UAE and the Middle East.‍

Lighthouse Canton, headquartered in Singapore, manages and advises on assets exceeding US$3.2 billion as of 31st December 2023. With a global presence spanning Singapore, UAE, and four cities in India, the company has a team of over 130 experienced professionals dedicated to delivering tailored wealth and asset management solutions to family offices, ultra-high-net-worth individuals, institutional investors, founders, and entrepreneurs worldwide.