The paper covers talent acquisition, technology integration, risk management, and portfolio management. The firm also refers to challenges such as current market uncertainty and dealing with wealth transfer.

Lighthouse Canton – whom this news service interviewed late last year – said it is important for affluent families to institutionalise their approach to preserving and growing wealth across generations. 

The white paper entitled The Multi-Family Office Advantage was launched at a roundtable hosted in collaboration with the Dubai International Financial Centre's (DIFC) Family Wealth Centre. The DIFC is home to more than 800 family-related entities, including over 120 families and wealthy individuals who are managing more than $1.2 trillion globally.

“As family wealth becomes increasingly complex – spanning multiple jurisdictions, asset classes and governance structures – family office structures such as single-family offices or multi-family offices, can provide a structured yet adaptable framework for such families to navigate these intricacies,” Prashant Tandon, managing director and CEO for Lighthouse Canton in the UAE, said. 

Beyond investment management, the paper reinforces how families can leverage single family office, multi-family office or blended service models to address a broader spectrum of needs through governance, transparency, and innovation. These include estate planning, philanthropy, intergenerational wealth transfer and risk management.

Lighthouse Canton has more than 190 experienced professionals working from its offices in Singapore, Dubai, India and London, overseeing more than $4 billion of assets under management and advisory (as of 31 December 2024).