Independent Wealth

The Capital Company LeoGroup and BFT Financial Group Complete Merger to Form USD4.3 Billion Global Wealth Advisor

The Capital Company LeoGroup and BFT Financial Group Complete Merger to Form $4.3 Billion Global Wealth Advisor.

Three leading independent wealth advisory firms, The Capital Company, LeoGroup and BFT Financial Group, today announced the completion of a merger to serve the rapidly evolving needs of the global wealth sector. The newly merged company, Leo Wealth, provides seamless international wealth solutions which integrate portfolio and asset management with international tax and estate planning.

Leo Wealth unites three dynamic and influential players from Hong Kong, New York and Dallas Fort Worth who together serve some of the world’s most discerning global citizens, providing expert, personal advice on their wealth portfolios. The rising number of high-net-worth individuals in Asia-Pacific and North America, which combined account for two-thirds of the world’s high-net-worth population1, is fueling the trend for more personalized and all-inclusive wealth and tax capabilities, with demand currently unmet by the existing industry. This merger seeks to capitalize on this trend by providing unique and comprehensive solutions in both investment and tax and estate planning.

The merged entity oversees and manages US$4.3 billion of assets and operates with offices in Hong Kong, New York, New Jersey and Texas. This geographic coverage allows it to serve clients in major investment markets from Asia-Pacific to North America and beyond with comprehensive global investment strategies and the ability to capture thematic investment opportunities. Leo Wealth is licensed by the Securities and Futures Commission (SFC) in Hong Kong and by the Securities and Exchange Commission (SEC) in the United States.

 

Jessica Cutrera, President, Leo Wealth, Hong Kong said: “The pandemic and other geopolitical risks have created new challenges for global citizens looking for wealth creation and protection across international borders. The increasingly global flow of wealth and the complex investment and legal landscape have generated new demand and give rise to a new generation of global citizens and internationally-minded investors. At Leo Wealth, we understand their aspirations and can help clients capture these opportunities via personalized advice, international coverage, and a broader range of solutions – beyond what traditional private banks could offer.”


Matthew Allain, Chief Executive Officer, Leo Wealth, New York said: “Our expanded geographic and international coverage are a perfect match for clients migrating across the US and for international clients, including overseas US and global citizens. Being licensed in the US and Hong Kong is our advantage. We offer our expertise and personalized service to clients across multiple jurisdictions, leveraging technology to actively bridge the gap where traditional services end and the digital experience begins.”