Asian multi-family office Farro Capital is launching a new immigration service catered to the world’s ultra-rich, it announced on Wednesday.
Farro & Co, a new subsidiary under Singapore-based Farro Capital, will offer a full suite of services including migration by investment, citizenship acquisitions, skilled visa assistance, business incorporation, international real estate services and others.
The firm added that it goes a step beyond traditional immigration services by integrating it with wealth management offerings in areas such as portfolio asset allocation, structuring and estate planning, next-generation succession strategies, and philanthropy through Farro Capital.
“We have an opportunity to build an international client offering that facilitates innovative, cross-border wealth planning at scale,” shared Farro & Co, co-founder and managing partner Sandeep Jain.
“In recent years, we have seen more affluent families looking for flexible advisory platforms that can bring added geographic diversification and risk mitigation to the wealth management process,” added Jain in the statement.
Asia Pacific is currently on track to be the world’s largest wealth hub by 2026, according to a recent report by Knight Frank. India, Hong Kong, Taiwan, Australia, and Singapore are seen as the fastest-growing hubs in the APAC region for HWNIs and UHNWIs, according to The Wealth Sizing Model and The Attitudes Survey.
“Our mission at Farro Capital is to continually raise the bar of our holistic platform. The launch of Farro & Co reaffirms our commitment to that mission. The synergies between our teams strengthen our ability to serve clients across generations. We look forward to working closely with Nirbhay and Sandeep to ensure our group becomes the partner of choice for globally minded and ambitious families,” said Hemant Tucker, Co-Founder and CEO of Farro Capital.
Farro Capital is led by a team of industry veterans who oversee over $1 billion in assets under management (AUM) for family offices. Since its launch in 2022, the firm has deepened its leadership bench with the appointment of Tiffany Ong as its North Asia partner, and Abishek Menon as its Middle East partner, bringing its total team to four partners and four support staff.