Farro Capital announced that it has officially launched a multi-family office in Singapore.
The new company aims to offer global ultra-high-net-worth (UHNW) families a holistic wealth management experience, including goal-based investing, risk management, credit solutions, cross-border structuring, next generation planning and philanthropic stewardship.
“The industry is seeing challenges in securing top talent, ensuring high standards of trust and governance and creating one-stop infrastructure to serve the complex needs of sophisticated clients,” said Hemant Tucker, co-founder and CEO of Farro Capital.
“Combining our expertise from different vantage points, we believe that Farro Capital will be able to provide our clients with trusted and holistic advisory services addressing the needs of these clients.”
Tucker also noted that there is increasing wealth and demand for professional and institutionalised wealth management services in Singapore.
Since its soft launch at the end of 2022, Farro Capital has accumulated more than $1bn in assets under management, serving clients across more than 12 markets, including billionaires, sophisticated family offices and unicorn founders.
Shortly after its establishment late last year, the family office has appointed Sarada Yechuri as executive director in Singapore, and Jocelyn Gian and Desiyanny Setiawan as directors.