He brings over 25 years of experience in the financial services industry, 10 years of which he spent in Hong Kong in leading family office and investment advisory businesses. 

Alvarium Investments has appointed Peter Golovsky as its managing director, head of family office services for Asia-Pacific, it announced on Wednesday in a statement.

Golovsky joins from investor services provider IQ-EQ, where he was head of private wealth for Asia, based in Hong Kong. He was previously the global head of fiduciary services head and head of Asia role at an international legal, accounting and fiduciary services firm, and spent 10 years in private banking, with senior roles at Macquarie and Westpac.

He will help drive the growth of Alvarium’s platform across Asia-Pacific with a particular focus on developing the platform in both Singapore and Australia, together with providing more holistic family office services to Asian entrepreneurs, families and family offices.

Next-Gen Wealth Opportunities

Alvarium said it sees «significant business opportunities» in the region, both for first generation and multigenerational wealth creators. It also noted the increase in intergenerational wealth transfer, estimated in excess of $15 trillion globally over the next 20 years, as an opportunity to expand in the region.

One of its priorities in Asia-Pacific is coordinating and advising on the establishment of family office structures and leveraging the Alvarium platform for its network of global intermediary advisors and custodians, as well as accessing its proprietary real asset deal flow, the announcement said.

Alvarium has been established in Asia for more than a decade ,with offices now in Hong Kong, Singapore, Australia and New Zealand. The firm advises in excess of $21 billion in assets on behalf of institutional clients and multi-generational entrepreneurs and families.