LeoGroup enters merger to form US$4.3b global wealth advisor

The Leo Wealth merger also involved The Capital Company and BFT Financial Group.

Hong Kong-based LeoGroup, The Capital Company, and BFT Financial Group have completed the US$4.3B merger that will create Leo Wealth.

Leo Wealth will be providing seamless international wealth solutions that integrate portfolio and asset management with international tax and estate planning.

The company will be operating offices in Hong Kong, New York, New Jersey, and Texas.

“The pandemic and other geopolitical risks have created new challenges for global citizens looking for wealth creation and protection across international borders,” Jessica Cutrera, President, Leo Wealth, Hong Kong, said.

“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.”

The company banked on the growing number of high-net-worth individuals in the Asia Pacific, as well as North America, by bringing solutions in investment and estate planning amongst others.

Leo Wealth has been licensed by the Securities and Futures Commission in Hong Kong and the Securities and Exchange Commission in the US.