Providentia Wealth

Providentia Wealth

Providentia Wealth began in 2010 as CBP Quilvest Singapore, a joint venture between five local wealth professionals and CBP Quilvest S.A., a Luxembourg private bank tied to the seven-generation Quilvest Family Office. Luke Peng, a founding member of that partnership, now leads the rebranded entity after the Singapore team bought out its European majority shareholder in 2021. The MBO left the firm entirely owned by its senior staff, a structure the firm frames as a continuity guarantee for client families. The firm deploys capital through two Monetary Authority of Singapore-licensed arms. Providentia Wealth Management operates as a licensed trust company, structuring family office vehicles, trusts, and fund entities — including Singapore Variable Capital Companies — while handling succession, legacy planning, and family governance. Providentia Wealth Advisory holds a Capital Markets Services license for fund management and investment advice, targeting accredited and institutional investors. Its investment menu spans alternative assets — private equity and debt, cryptocurrencies, hedge funds — alongside strategic asset allocation, pre-IPO planning, and impact investing with an ESG overlay. Providentia Wealth lists 30 professionals on its website, with practice lines divided into Wealth Advisory, Fiduciary & Family Office, and a general corporate unit. The leadership bench reflects the firm's lineage: Benjamin Lee, Eddie Er, Yukihiro Shida, and Mason Tan anchor the advisory practice, while Denise Heng and Carmen Chiang lead fiduciary services. The firm operates from a single office at UE Square on Clemenceau Avenue. In April 2021, the management buyout closed, transforming the former Quilvest affiliate into an independent, partner-owned multi-family office. The firm's structural differentiator is its dual-license architecture paired with full staff ownership. Unlike most Singapore multi-family offices, which rely on external trust companies or fund platforms, Providentia holds both a trust license and a capital-markets license in-house. This lets it serve as fiduciary and investment manager under one roof, a model shaped by its origin inside a European private-banking group.