A private multi-family office established last year has selected Hong Kong as the headquarters for its business.

Landmark Family Office (LFO) has chosen Hong Kong as its global headquarters, according to a statement. The private multi-family office was incorporated in the city in 2022 to serve founding families as well as independent clients and it also has offices in Sydney.

«Our private multi-family office model differs significantly from the typical external asset manager models prevalent in the market, which rely on recruitment of relationship managers and by proxy their clients, from private banks and instead places the primary focus on investments and asset management,» said LFO CEO Cameron Harvey.

LFO Leaders

Harvey has over 20 years of industry experience including senior management roles at UBS, BNP Paribas, and ANZ across the APAC region. In his career, he built and managed an international client base of high net worth individuals with a book value of over $450 million. He also built and led teams of international relationship managers with a book value of more than $2 billion.

On the investment side, LFO is led by CIO Andrew Sharrock who has more than two decades of banking experience. Previously, he was working at State Street as managing director, APAC CIO and APAC regional treasurer overseeing the management of $30 billion of the bank's balance sheet while leading a management team across seven countries.

«We are extremely confident about the strategic location of LFO's headquarters in Hong Kong, where the world-class regulatory environment and strong government support for the family office sector provides an optimal ecosystem for our family office setup,» Harvey added.