Fee-Only, Commission-Free

Investment Management


Client-focused fee only investing, asset management and financial advice. Transparency and avoidance of commissions. Long-term mutually beneficial relationships based on unwavering integrity.

In addition to our core investment related services we have a team dedicated to the provision of Group Private Medical Insurance to our corporate clients. Operating from Hong Kong, Private Capital has a diverse client base which includes family trusts, high net worth individuals and corporations around the globe.

Founded in 1998, regulated by the Hong Kong Securities and Futures Commission (SFC) and a member of the Hong Kong Confederation of Insurance Brokers. 

Note: Authorisation or regulation by the SFC does not imply official recommendation.

Our Financial Services


Fee-Only, Commission-Free Asset Management. 

ORSO: Group Retirement Planning

ORSO: Group Retirement Planning

Installing a well-designed and well-communicated group retirement plan is an easy way for employers to deliver an exceptional employee benefit. Hong Kong has incredible group retirement legislation!

Read More >>
Group Private Medical Insurance

Group Private Medical Insurance

Optimise your cover vs. budget and simplify the process of getting the right cover in-force at the right price and at the right time.

Read More >>
Second Opinion

Second Opinion

Tailored reports for those seeking a second opinion on existing investments, offering a succinct, objective, third-party review.

Read More >>
Estate & Succession Planning

Estate & Succession Planning

Estate and succession planning provides peace of mind that your assets will be inherited by your chosen beneficiary. It starts with creating a will. Have you got a will?

Read More >>
Personal Retirement Planning

Personal Retirement Planning

Retirement is closer than you think! Click me!

Read More >>
Protection Planning

Protection Planning

Protecting you, your family/dependants and or business is one of the most important areas of advice.

Read More >>
Investment Management

Investment Management

Unbiased, unrestricted, fee-based investment. Get zero-commission investing and cost efficient execution

Read More >>

Meet Our Team


Our team at Private Captial has a combined experience of over 100 years so you can rest assure your investment strategy is in good hands.

Bill Thomson

Bill Thomson

Chairman

Bill is an international economist with over 35 years’ experience working on and in Asia with a v...

Read More >>

Bonnie Chau

Bonnie Chau

Accountant

Bonnie is a CPA and is responsible for all day to day financial matters. Bonnie is also involved ...

Read More >>

Cliff Harkins

Cliff Harkins

Group Medical Specialist

Cliff heads up our dedicated Group Medical Team providing the highest service and product access ...

Read More >>

Emy Mendoza

Emy Mendoza

Finance Director

Emy overseas our accounting and financial functions and works with the board on policy and implem...

Read More >>

Enzio von Pfeil

Enzio von Pfeil

Investment Strategist

With more than 30 years' experience in global investment economics, Enzio understands currency, c...

Read More >>

Mathew Bate

Mathew Bate

Fee-Only Advisor

An investment and asset management professional since graduation in 2002 from Liverpool Business ...

Read More >>

Phil Stockton

Phil Stockton

Director and Responsible Office

Phil advocates the rights and interests of financial services consumers and is championing UK RDR...

Read More >>

Rick Adkinson

Rick Adkinson

Managing Director and Responsible Office

Rick is a fierce advocate of consumer interests and rights and aims to ensure clients (internal a...

Read More >>

Recent Blog Posts


The latest financial planning news and investment updates from Private Capital Limited

Thursday, August 25, 2016

Markets: keep buying China and America

Keep buying China/Hong Kong  and America/the dollar; history stopped being a guide  as of 2010.  1.  Why the Chinese  fis... Read More >>

Monday, August 22, 2016

China: Plenty of room for fiscal stimulus

China's national debt levels are not worrying, so China can reflate happily - and effectively.  Keep buying.    ... Read More >>

Thursday, August 18, 2016

Why low interest rates create low capital investment

Low rates disfigure the market's pricing signals, so many cash-rich dinosaur companies are not investing in the real economy. What to do about th... Read More >>

Connect With Us

Operating from its Hong Kong head office, Private Capital has a diverse client base which includes family trusts, high net worth individuals and corporations around the globe.