Lighthouse Canton White Paper Projects 3,200 Single-Family Offices in Asia Pacific by 2030
Mumbai: Lighthouse Canton, a global investment institution, has released its latest white paper, The Multi-Family Office Advantage, presenting a compelling case for institutional family office structures as the future of strategic wealth management.
As intergenerational wealth transfer accelerates and affluent families diversify investments across jurisdictions, many are seeking scalable, governance-driven frameworks. This paper explores how Multi-Family Offices (MFOs) offer a cost-effective and strategic solution by helping families consolidate investment operations, enhance transparency, and future-proof wealth through technology and regulatory preparedness.
The paper also sheds light on the emergence of family offices in Asia and the Middle East- regions where the concept remains relatively nascent compared to its more established Western counterparts. In Asia Pacific, single-family offices have grown to 2,290 surged by 28% since 2019 and the region is expected to outpace North America moving forward, growing 40% by 2030 to 3,200 offices. This underscores the growing importance of AI and digital innovation as critical tools for multi-family offices to remain competitive. As new family office patrons continue to emerge in Asia, digital transformation is expected to become indispensable by 2028.
India is undergoing a similar evolution. A growing number of ultra-high-net-worth individuals and startup founders are turning to institutional family office structures to manage wealth and succession planning. According to a recent industry report, the number of family offices has grown nearly sevenfold over the past six years, rising from 45 in 2018 to close to 300 in 2024. The nation’s booming startup ecosystem and generational wealth transfer are fuelling this growth, with many Indian families increasingly seeking institutional-grade investment strategies and governance solutions.
