Farro Capital, a multi-family office founded a few years ago, has quickly established itself in the wealth management sector. In an interview, co-founder Manish Tibrewal discussed issues like the “fear of missing out” (FOMO), demonstrating true value, and guiding clients through volatile markets.
Tibrewal highlighted the overwhelming number of investment products and the tendency of some advisors to push high-commission options rather than the best choices for clients. He emphasized the importance of distinguishing between short-term fads and long-term trends, noting that while fads can be tempting, markets always return to fundamental realities.
Farro Capital, which expanded to Dubai in December 2023, prioritizes long-term value and advises clients to avoid large portfolio dips to benefit from compounding. Tibrewal explained that while wealthy clients often take significant risks, it’s essential to have deep conversations about family dynamics and investment philosophy. Successful entrepreneurs might not always be successful investors, especially during market volatility.
Established in 2022 and licensed by the Monetary Authority of Singapore, Farro Capital prides itself on its independent approach, free from conflicts of interest. The firm uses technology to provide clients with a comprehensive view of their portfolios, including alternative assets like real estate, art, and wine.
Tibrewal criticized traditional wealth management firms for their outdated practices and conflicts of interest, which often lead to overpromising and underdelivering. He emphasized the need for personalized advice and regular communication to build trust with clients.
Sometimes, Farro has to advise clients against certain decisions. Tibrewal shared an example of a tech entrepreneur who wanted to invest all his capital into high-growth ventures. After discussions, the client understood the importance of diversifying and creating a safety net for his family.
Overall, Farro Capital aims to provide unbiased, best-in-class solutions and maintain strong, trust-based relationships with clients by prioritizing their long-term interests.
