Asia family office demand is accelerating as growing private wealth and rising intergenerational transfers push affluent families towards more structured approaches to succession and governance, Raffles Family Office said. Chief executive Kendrick Lee said the firm recognised the shift early and built a presence across Singapore and Hong Kong to capture cross-border investment opportunities and diversify regulatory exposure. He said family offices increasingly complement priv

US family office Avestar Capital has opened a Singapore hub, positioning the city-state as its Asia-Pacific base as it expands beyond the United States. The new entity, Avestar Singapore Pte. Ltd., will be led by Zal Devitre, a wealth management executive with more than two decades of international experience, the firm said. Founder and chief executive Xerxes Mullan said Asian ultra-high-net-worth families increasingly require cross-border advice that integrates investment ma

The World Family Office Forum Asia opens on 9–10 October at The Ritz-Carlton Hong Kong, bringing together family principals, single and multi-family office leaders, and advisers for two days of private discussions focused on governance and investment strategy. The event, organised by Connect Group, aims for at least 70% participation from family offices to ensure peer-led dialogue. The sixth edition will feature sessions on global investment trends, public market allocations