Asian Family Office

Asian Family Office Guide

Family offices in Asia are still relatively rare, given how much wealth currently exists in Asia.  The potential growth in Asian countries is expected to create an even greater need for qualified family offices to advise wealthy families and high-net-worth individuals.

The following free guide to Asian Family Offices will help you better understand Asian family offices. This guide will provide you with free resources to learn more about Asian family offices.  You should also check out our 100% free book on family offices.

Introduction to Asia

Asia is the world’s largest continent with the highest population of any continent.  3,879,000,000 people live in Asia, according to a rough estimate.  Asia has the second largest nominal GDP of all continents, second only to Europe, but the biggest when measured in Purchasing Power Parity.  A Citigroup study found 9 of 11 Global Growth Generator countries coming from Asia, largely spurred on by population and income growth. The nin countries are Bangladesh, China, India, Indonesia, Iraq, Mongolia, Philippines, Sri Lanka and Vietnam.

Asia is rapidly developing economically and in terms of wealth, as a new generation of affluent families and individuals look to preserve and grow their wealth.  Asian economies like Singapore, India, China and Japan grow rapidly, there is a lot of wealth being created in the region. This trend is expected to continue as these emerging economies join the world stage as more pivotal players in the international economy.

Here is a video I recorded while in Tokyo, Japan.  I speak primarily on family offices in Asia and the growing family office industry in Asia.

Why Asia

Asia is widely expected to be the biggest region of growth in the coming years.  China’s economy has been projected to surpass America’s as the biggest in the world by 2030 and India is rivaling China as the next up-and-coming economy.  Add those two future economic powerhouses to the already well-established international business centers of Singapore, Japan, South Korea and others and you can see why Asia has become the continent to watch.

How does this relate to family offices?  There is rapidly growing number of high-net-worth individuals and families in Asia, the people who have benefited from the boom in the economy.  This makes it a highly attractive region for family offices that want to tap into that wealth.

Family Offices in Asia

Asian countries have quickly embraced the family office concept, in perhaps a shorter amount of time than one would have expected.  There are an ever-growing number of family offices setting up offices in Asia to attract affluent families and high-net-worth individuals.

In the next decade there will be a lot of wealth changing hands in Asian families and family offices can help with this process.  While there is still some distrust of financial advisers, it appears that this is changing and more Asian families are beginning to adjust to the idea of seeking a family office for wealth management services.  The potential for family office growth in Asia is incredibly huge as there is already a lot of wealth being created in the region.

Asian Family Office Resources Guide

Asian Family Office Resource #1: This conference, the Asian Family Office Forum 2011, bills itself as ” the only dedicated conference for Asian family offices.”

Asian Family Office Resource #2: The 9th Annual Asian Pacific Family Office conference takes place every year in Hong Kong.  Here is a brochure. 

Asian Family Office Resource #3:  VP Bank has conducted a great study on family offices in Asia that is worth reading.  Click here to download the PDF.

Asian Family Office Resource #4: If you are looking for contact details of family offices places such as Asia you may want to consider using a Family Offices Database.  A Family Office Database provides you with the complete contact details for 100’s or sometimes even up to 1,000 global single and multi-family offices within an easy to use Excel spreadsheet format.  Learn more about this by clicking here.

Asian Family Office Resource #5: If you would like to connect with others interested in Asian family offices, you can join the Asia Family Offices LinkedIn group


Asian Family Office Resource #6: Here is another study on family offices in Asia.  This one focuses primarily on Singapore and the growth of family offices in the country.  The report is titled: “Family Offices in Asia with a Special Focus on Singapore.” 

Asian Family Office Resource #7:  Here is a video that I shot on the waterfront in Singapore talking about the country.  In this video, I talk about Singapore and how there is a great concentration of wealth in this booming country.

Asian Family Office Resource #8: This article provides a great summary of family offices in Asia to complement this guide.   

Asian Family Office Resource #9: This study shows that while family offices are expected to grow in Asia, family offices are still relatively rare in Asia. 


Asian Family Office Resource #10:  Here you can find a familyofficesgroup.com profile of Japan’s family office industry.

Are you an employee or manager of a family office in Asia?  Then we’d like to keep in touch with you.  Simply send us an email at Richard@RichardWilsonCapital.com

Be sure to check out FamilyOffices.com for our family office database and our free book on family offices.

Related Resources

Tags: Asian Family office, Asian Family offices,  Asian family offices guide, guide to Asian family offices, family offices in Asia, Asian finance, Asian wealth management

About Richard C. Wilson

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