New Singapore Multi-Family Office Adds To Team

Editorial Staff

13 April 2023

, a Singapore-based wealth management platform and multi-family office, has appointed Vincent Valladares as a senior advisor.

The move strengthens the firm’s corporate and investment banking expertise, it said in a statement yesterday.

Valladares has more than 27 years’ international financial services experience in India, the Middle East, Singapore, and Australia. He has held several leadership positions within financial institutions, including as executive director at Bank of Singapore; head of commercial banking at RBL Bank; and managing director, Middle East head of commercial banking at Citibank.

“Vincent’s appointment is a part of our larger 2023 goal to grow our team with top-class wealth management talent and global industry experts who can service existing and prospective global clients looking to have access to Asia,” Hemant Tucker, CEO and co-founder of Farro Capital, said.

Farro, which had its “soft launch” late last year, has more than $1 billion in assets under management, serving clients across more than 12 markets, including billionaires, family offices, and “unicorn” founders (founders of startups worth $1 billion or more).

The company, licensed by the , has announced plans to add another 50 families in the next 18 to 24 months and aims to expand to a 20-member team by the end of the year.

Singapore, which has taken steps to try and be more attractive to single-family offices, introduced a new legal framework in April 2022. (See here for an update.)