Australia\u2019s vast agricultural wealth is attracting a new specialist advisory firm, with Larapinta Private launching to provide wealth management and succession planning services tailored to regional, agricultural and pastoral families whose assets are largely tied up in farmland.<\/p>\n
Founded by former Koda Capital adviser, Troy Armstrong, the firm has been established to serve families whose wealth is concentrated in farms, stations and rural properties, arguing their financial needs differ significantly from those of metropolitan investors.<\/p>\n
\u201cThere is enormous wealth tied up in the land in this country, and almost no one advises it properly. Existing firms are typically built for the city executives and boardroom-based, quarterly review cycle, with conversations geared to share portfolios, superannuation and the family home.<\/p>\n
\u201cThese conversations and rhythm are poorly suited to a farming or pastoral family. For these families, seasonal cashflow, illiquid balance sheets and operating risk are the starting point. A good season and a drought year call for very different plans.\u201d<\/p>\n
Larapinta Private said it had been designed to fill what it sees as a gap between large financial institutions and local accounting firms by offering specialist wealth, investment and succession advice for regional families.<\/p>\n
\u201cThe investment capability is institutional. The relationship is personal,\u201d Armstrong said.<\/p>\n
\u201cMost wealth firms ask a family to choose between the two. I built Larapinta because the firm I wanted for these families didn\u2019t exist. I will make the long drive or the flight to a remote property, because that is where deep conversations happen and real trust is built.\u201d<\/p>\n
The firm\u2019s investment approach centres on what it calls a Foundation and Conviction framework, combining a diversified long-term core portfolio with modest, time-bound higher conviction allocations and a treasury allocation tailored to each family\u2019s cashflow needs.
Larapinta Private said it offers no proprietary investment products and receives no commission income.<\/p>\n
The launch comes against a backdrop of rising agricultural wealth, with Australia holding 387 million hectares of agricultural land and farmland values having nearly tripled since 2010 to reach a record national median at the end of 2025, according to Bendigo Bank Agribusiness and ABS figures.
The firm said much of this wealth remains illiquid and is approaching a generational transfer as landholders age.<\/p>\n
Succession planning forms a central part of the firm\u2019s offering, with Armstrong arguing it is the issue most commonly raised by farming families.<\/p>\n
\u201cThe hardest conversation on the land is rarely about returns,\u201d he said. \u201cIt is about who takes over, and how you keep the place whole and fair across the next generation and then how to manage the day-to-day wealth when that liquidity event arrives.<\/p>\n
\u201cThat is the work I care most about.\u201d<\/p>\n
Armstrong said families should not have to sell agricultural assets to build long-term wealth.<\/p>\n
\u201cMost of these families have spent a lifetime building something on the land,\u201d he said. \u201cMy job is to build lasting wealth from that, without them having to give up the place to do it. Planning the right structures and buckets of wealth before the liquidity event is paramount.\u201d<\/p>\n
Having previously worked at Koda Capital and Australia\u2019s major financial institutions, Armstrong said the new firm aimed to combine institutional investment capability with personalised advice, including travelling to clients\u2019 rural properties.<\/p>\n
\u201cWe invest with a long horizon. We are not chasing short-term performance,\u201d he said. \u201cWe are stewarding wealth that needs to last across generations.\u201d<\/p>\n
\u201cThe families I work with are not looking for another name on a city tower, they want an adviser who understands life on the land and will be there for the long term. That is the firm I set out to build.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"Australia\u2019s vast agricultural wealth is attracting a new specialist advisory firm, with Larapinta Private launching to provide wealth…\n","protected":false},"author":2,"featured_media":784485,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[6634,64,63,5474,44,193],"class_list":["post-784484","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-agriculture","tag-au","tag-australia","tag-investment","tag-news","tag-wealth"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/784484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=784484"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/784484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/784485"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=784484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=784484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=784484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}