Philip Marcovici, of the Offices of Philip Marcovici, is retired from the practice of law and consults with governments, financial institutions and global families in relation to tax, wealth management and other matters. He is based in Hong Kong.
Philip is on the boards of several entities within the wealth management industry, as well as of entities within family succession and philanthropic structures. Philip is actively involved in teaching in the areas of taxation, wealth management and family governance. The author of The Destructive Power of Family Wealth – A Guide to Succession Planning, Asset Protection, Taxation and Wealth Management, Philip works with global families, integrating his experience as an international tax lawyer with the many legal and non-legal issues families need to address in order to navigate an increasingly complex world. Philip was the founder and CEO of LawInContext, the interactive knowledge venture of global law firm, Baker & McKenzie (now named Baker McKenzie Link), a firm he joined in 1982 and of which he was a partner, based in Hong Kong for twelve years, and then in Zurich. Philip retired from Baker & McKenzie at the end of 2009. Philip is the former chair of the European tax practice of Baker & McKenzie and of the steering committee of the Firm’s international wealth management practice, of which he was one of the founders. Philip was also one of the founders of the Baker & McKenzie Asia-Pacific tax practice and has been involved in a number of firm and practice group management functions.
Among others, Philip received the Citywealth Magic Circle Lifetime Achievement Award in 2009 and the Wealth Management Innovator award in 2011 for his work in instigating the Liechtenstein Disclosure Facility. In 2010 Philip received the Russell Baker Award from Baker & McKenzie in appreciation for his exceptional contributions to the firm’s Global Tax Practice. In 2013, Philip received a Lifetime Achievement Award from the Society of Estate and Trust Practitioners and in 2016 a Lifetime Achievement Award from Wealth Briefing.
Philip is a member of the Advisory Committee of the Hong Kong University of Science and Technology’s Tanoto Center for Asian Family Business and Entrepreneurship Studies. Philip is a Founding Advisor of the Responsible Family Business and Wealth Ownership program created by Cambridge Judge Business School Executive Education and is one of the lecturers and facilitators. Philip holds law degrees from Harvard Law School and the University of Ottawa.