How Asia’s family offices are recalibrating for permanence and purpose
The family office landscape across Asia is maturing—not just in how capital is invested, but in how families think about continuity, governance, and longevity. As newly wealthy entrepreneurs and second-generation inheritors shape their futures, three major shifts are coming into focus:
A generational pivot in investment behaviour
A rising willingness to reassess long-standing wealth management providers
A growing emphasis on independence, diversification, and future-ready structures
In a conversation with LC IDEAs: Views & Insights, Charlene Lin, Managing Director for Strategic Growth (North Asia and Southeast Asia) at Lighthouse Canton, shared how these trends are reshaping conversations—not just around asset allocation, but around how families want to live, lead, and build for the long term.
Read the full article here: https://www.lighthouse-canton.com/insights/how-asias-family-offices-are-recalibrating-for-permanence-and-purpose
A REWIRING OF WEALTH
A growing segment of Asia’s ultra-wealthy is no longer satisfied with legacy-based models or passive wealth preservation strategies. They’re asking bigger questions—not just “how do we protect our wealth?” but “how do we professionalise, govern, and grow it with purpose?”
According to the EY 2025 Global Wealth Research Report, nearly one-third (29%) of clients globally plan to switch their primary wealth manager within the next three years.
In Asia-Pacific, these shifts are even more pronounced, with 36% of clients looking to switch providers. Among Millennials, the number rises to 46%, compared to just 13% of Boomers.
“Clients today are not just evaluating performance,” said Lin. “They’re rethinking who is best positioned to support them in the long term. It’s not about product anymore—it’s about independence, alignment, and the ability to engage across generations,” Lin observed when talking about these trends.
For firms like Lighthouse Canton, this shift is driving demand for advisory models that can complement and collaborate with private banks—playing to each institution’s investment strengths.
“Our advisory and investment committees are not removed from the client relationship—in fact, they work closely with families and are actively engaged in client conversations,” Lin explained. “What sets them apart is their professional objectivity and focus on long-term returns. The structure ensures that decisions are made with the right governance and expertise, not product bias or generational preference. And with a flat-fee model, our interests are fully aligned with the client’s success.”
Also read: Asia’s family offices shift gears as generational wealth, and portfolio strategy evolve