Leo Wealth is entering a period of significant growth across its Asian operations. By separating its US and non-US business lines, the firm has established a clearer structure to focus on the markets of Tokyo, Hong Kong, and Singapore. Harmen Overdijk, Co-Chief Executive Officer, says this shift is designed to strengthen their pan-Asian wealth management platform while keeping their fiduciary and cross-border services at the core of the business.
To support these objectives, the firm secured a minority investment from private equity firm Ocean Link. Unlike many capital infusions, this transaction involves the issuance of new shares where all proceeds are dedicated to internal growth rather than providing cash to existing shareholders. This capital will fund senior recruitment, new technology infrastructure, and the expansion of the firm’s regulated capabilities in regional hubs.
The firm intends to broaden its service offerings as it scales. In Hong Kong, the team is working toward a Type 1 license, which will allow for a move into investment advisory services alongside their current discretionary portfolio management. Similar regulatory work is underway in Japan, where the firm seeks a securities license to support onshore wealth management. These steps reflect a commitment to meeting the needs of entrepreneurial clients who require complex, multi-jurisdictional support.
Leo Wealth differentiates its model by combining three primary areas of expertise: cross-border tax services, estate planning, and investment management. By charging separately for planning and project-based work, the firm maintains a clear separation between its advisory roles and its investment management services. This multidisciplinary approach ensures that clients receive technical support from specialists who coordinate across different facets of their financial lives. As the company continues to hire, the focus remains on finding team-oriented professionals who can contribute to this collaborative structure.