From “Don’t Lose Grandfather’s Money” to “Let’s Build the Future” Family offices in Hong Kong and Asia are steadily shifting from a pure capital‑preservation mindset toward a more creative deployment of capital . Instead of only asking “How do we avoid loss?”, many are also asking “What new engines of wealth and influence can we build?” Global and APAC surveys show rising allocations to private markets, growth equity and direct deals, especially where families can contribute

Generational wealth transfer family offices are expanding rapidly as ultra-wealthy heirs and founders shift away from traditional private banks, speakers at the PWM/FT Live Global Wealth Management Summit in London said. Advisers pointed to declining trust in banks, commission conflicts and stronger demand for transparent, flat-fee advisory structures. Younger entrepreneurs increasingly seek governance, tax planning, philanthropy and succession services within multi-family of

A new Citi Hong Kong survey shows the number of Hong Kong multimillionaires has reached about 395,000 in 2025, up 5,000 from a year earlier and equivalent to one in 14 residents aged 21 to 79. These individuals hold at least HKD10m (USD1.28m) in net assets, including HKD1m in liquid assets, and report a median HKD20.5m in wealth and HKD10m in liquid holdings split evenly between property and cash or investments. The average multimillionaire is 55 years old, attained their fir

Family-owned enterprises are expected to outperform non-family firms over the next decade, despite mounting risks, according to Deloitte Private. Companies with at least USD100m in revenue now represent 22 percent of large enterprises and are projected to grow 22% in number between 2020 and 2030, with turnover rising 84% versus 59% for other businesses. Singapore family businesses are especially optimistic: 54% expect revenue growth above 10% in 2025, more than double last ye

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

Goldman Sachs is intensifying its legacy planning services in Asia, targeting wealthy families amid the rapid growth of Goldman Sachs...

Family offices worldwide are reallocating assets from the United States to Asia and Europe, driven by heightened tariffs, a declining US...