New advice firm to service ‘niche’ agricultural wealth channel

Yasmine Raso

Senior Journalist

8 July 2026

Former Koda Capital partner and seasoned investment adviser, Troy Armstrong, has brought a new offering to the advice market with the launch of Larapinta Private, a dedicated wealth and family office firm servicing the “niche” channel of regional, agricultural and pastoral clientele.

Larapinta Private has been designed to operate in the “largely unadvised” space covering regional, agricultural and pastoral families whose “wealth is tied up in farms, stations and the land itself”, taking on their unique needs and delivering the required expertise that bigger institutions have typically been unable to.

As founder of the new firm, Armstrong said that the launch comes as Australia has 387 million hectares of agricultural land, and farmland values have nearly tripled since 2010 and hit a record national median at the end of 2025.

“The investment capability is institutional. The relationship is personal,” Armstrong said.

“Most wealth firms ask a family to choose between the two. I built Larapinta because the firm I wanted for these families didn’t 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.

“There 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.

“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.”

In addition to his investment advice capabilities from his time at Koda Capital, Escala, Akambo Private Wealth and ANZ, Armstrong has also engaged arcpoint OCIO to develop Larapinta Private’s institutional investment offering and ‘Foundation and Conviction’ framework backing, including strategic asset allocation and a high-conviction list that informs Larapinta’s positions.

Armstrong said that succession planning would also form a core part of Larapinta Private’s offering, given its pertinence to farming families.

“The hardest conversation on the land is rarely about returns,” he said.

“It 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. That is the work I care most about.

“Most of these families have spent a lifetime building something on the land. My 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.

“The investment capability behind us has to be institutional, but the relationship stays personal. arcpoint gives us that institutional engine, a strategic core and a high-conviction list we use on our own terms, so we can focus on the families we serve and the land their wealth sits on.”

Armstrong also said Larapinta is intended to offer clients the “same depth of investment capability without the
conflicts of a larger group”, as well as a touch of personal service.

“We invest with a long horizon. We are not chasing short-term performance,” he said.

“We are stewarding wealth that needs to last across generations.

“The 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.”