Wealth Office
Over the next twenty years, more than $100 trillion in private wealth will transfer across generations. Nearly half of that capital will be in Asia. In this episode of Wealth Office, Michael Macfarlane is joined by Marshall Jen, a scholar and advisor deeply embedded in Asia’s evolving family office ecosystem. As Co-Director of one of the world’s few Master’s programmes dedicated to family wealth and governance, Marshall works directly with families navigating this historic shift in private capital. This conversation moves far beyond technical succession planning. It examines how Asian family offices are evolving from defensive wealth-preservation structures into entrepreneurial platforms capable of shaping global markets. As private capital becomes more internationally mobile and increasingly technology-driven, Marshall explains why family offices are no longer simply investment vehicles, but strategic institutions balancing three pillars: capital allocation, human capital development, and long-term societal contribution. The discussion explores: * Why Asian family capital is becoming more outward-looking and globally influential * The tension between patriarchal control and next-generation ambition * How identity, culture and cross-border education are reshaping investment mandates * Whether Asian and Western family office models will converge or diverge * How Hong Kong, Singapore and the Greater Bay Area fit into the global capital ecosystem * Why family capital - not institutional capital - may become the decisive force behind transformational industries such as AI and biotechnology At its core, this episode is about stewardship at scale. As technological acceleration and geopolitical complexity redefine markets, the choices made by family principals and next-generation leaders may influence far more than portfolio returns. They may shape the next era of global value creation. Watch the full conversation to understand how Asian family capital is preparing for the greatest wealth transfer in history - and what it means for the future of private wealth worldwide.
10 episoder
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