LeoGroup Merges with Capital and BFT Financial

INVESTMENT MANAGEMENT DEALS BLOG

September 29, 2021

On August 18, 2021, it was announced that LeoGroup had merged with The Capital Company and BFT Financial Group to form Leo Wealth.

Under the terms of the agreement LeoGroup merged with The Capital Company (“Capital”) and BFT Financial Group (“BFT”). The merged entity will operate under the name Leo Wealth and will manage $4.3 billion in assets. Matthew Allain, CEO of LeoGroup, will serve as CEO of Leo Wealth. Further terms of the agreement were not disclosed.

LeoGroup, based in New Jersey, is an advisory firm specializing in wealth management and estate planning.

Capital, based in Hong Kong, is an asset management firm offering investment and portfolio strategies for high net-worth individuals in Asia and around the world.

BFT, based in Bedford, Texas, is a private wealth management firm serving clients in Texas and around the United States.

To read the press release: please click here.