Farro Capital establishes Independent Multi-Family Office from Singapore
Farro Capital, a wealth management platform and multi-family office, has announced the official launch of its office in Singapore.
The Singapore home-grown, MAS-licensed company will provide bespoke independent advice and innovative solutions to ultra-high net worth (UHNW) families, helping them to protect and grow their wealth and legacy.
Since its soft launch at the end of 2022, Farro Capital has accumulated more than USD 1 billion in assets under management, serving clients across more than 12 markets, including Billionaires, sophisticated Family Offices, and Unicorn Founders. The new company will offer global UHNW families a holistic wealth management experience, including goal-based investing, risk management, credit solutions, cross-border structuring, next generation planning, and philanthropic stewardship.
“Our founding team comprises industry specialists and thought leaders with a proven track record in wealth management and related services. Farro Capital was born on the premise that the approach to wealth management had to be reimagined to address the gaps in the current wealth management and family office (FO) space. 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. 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.” said Hemant Tucker, Co-Founder and CEO, at Farro Capital.
Hemant adds, "We are excited to be entering the wealth management space at a time of unprecedented growth and opportunity in Singapore and the region. With increasing wealth and demand for professional and institutionalised wealth management services, the decision to base Farro Capital in Singapore was a natural choice. We provide access to an ecosystem of global banks, fund managers, deal flow, industry experts, and other advisors. We look forward to serving existing and new clients with best-in-class services and support Singapore’s vision of becoming the premier family office hub in the region."