#Singapore #Singapore Office #Avestar Capital #Xerxes Mullan

Avestar Capital Expands Global Footprint with Singapore Office

Avestar Capital, a prominent multi-family office based in the United States, has made significant strides in its international growth strategy with the launch of its new office in Singapore. Officially designated as AVESTAR SINGAPORE PLC PTE. LTD., this new locale will serve as a pivotal hub, providing specialized wealth management solutions for ultra-high-net-worth (UHNW) families in the Asia-Pacific region.

Founded and helmed by Xerxes Mullan, Avestar Capital has gained a solid reputation for its distinctive blend of U.S. wealth management rigor and a nuanced understanding of global family dynamics. The firm's comprehensive approach integrates investment advisory services, tax and estate planning, philanthropy, and next-generation education into a cohesive platform designed for families navigating complex international interests.

According to Mullan, "Singapore represents a natural extension of our global vision. Families in Asia are increasingly in search of an advisory partner who comprehends the intricacies involved in managing multi-jurisdictional wealth. They require a service that can provide institutional-quality expertise while remaining agile and personalized. This is the core principle that Avestar is founded on."

The leadership of the Singapore office is entrusted to Zal Devitre, who carries over 20 years of international experience in wealth management and family office advisory. Devitre highlighted that establishing an office in Singapore allows Avestar to cater to clients in one of the world's foremost wealth centers. "Families today are looking for global reach, innovation, and a long-term vision. Our model, which emphasizes trust, discretion, and lasting results, is highly relevant to Asia's wealth creators and entrepreneurs," he stated.

In line with this launch, Avestar intends to deepen its collaboration with key partners in investment management, tax, and legal advisory. This strategic move will bolster the firm's capability to support families with transnational financial interests, reflecting Avestar's commitment to delivering globally informed yet locally grounded solutions.

Singapore's emergence as a prominent destination for family offices, bolstered by its robust regulatory framework and stable economic climate, further reinforces Avestar's commitment to address the evolving needs of Asian business families, investors, and next-generation leaders.

The establishment of Avestar Singapore is a significant milestone in the firm’s mission to provide tailored wealth strategies and foster global connectivity, all the while creating enduring value for families through generations. With a focus on personal relationships and sophisticated service, Avestar Capital aims to redefine the wealth management landscape in the region, catering specifically to the unique requirements of ultra-high-net-worth individuals.

Overall, Avestar's Singapore office marks the beginning of a new chapter in its operations, one where it can actively engage with Asian clientele, understanding their specific needs and delivering bespoke solutions to enhance their wealth management journey. As the landscape of wealth management continues to evolve, Avestar Capital is poised to solidify its position as a trusted advisor in the Asia-Pacific market, ready to meet the intricate challenges presented by the region's affluent families.

In conclusion, the opening of Avestar Singapore not only signifies a strategic growth for the company but also highlights a pivotal movement in wealth management practices tailored for Asia’s elite. With seasoned leadership and a commitment to client-focused service, Avestar is well-equipped to take on this new endeavor and continue its trajectory of success.