INTHEBLACK November 2025 - Magazine - Page 19
The Asia-Pacific region is tipped
to be the top investment location
for family offices globally in the
next five years, as they invest
huge amounts of capital.
Managing the generational
wealth transfer is the next big
challenge for family offices in
jurisdictions such as Singapore
and Hong Kong.
As huge tranches of family capital fall into
the hands of younger generations, fast-growing
family offices in the Asia-Pacific region must
make some tough calls on their purpose and
investment strategies — then decide who is
going to help them manage the generational
wealth transfer.
Words Cameron Cooper
Banks and advisers may
need to rethink their services
if they want to be part of the
wealth-management solution
for APAC families.
A QUIET FINANCIAL REVOLUTION
is reshaping the Asia-Pacific region’s
wealth landscape.
Analysis from McKinsey & Company
suggests that between 2023 and 2030,
high-net-worth (HNW ) and ultra-highnet-worth (UHNW ) families across the
Asia-Pacific region (APAC) will pass on
US$5.8 trillion (A$8.8 trillion) in assets.
This flood of capital will require new levels
of stewardship from family members and
their trusted advisers.
Managing this generational transfer
of wealth is likely to contribute to a surge
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