25 Apr 2019. Buchanan Capital has acquired a strategic minority stake in HK-based wealth manager, BMP Wealth Limited, with an option to further increase its stake in the future. In addition to financial resources, Buchanan capital will also assist with any strategic planning required by BMP Wealth Limited, through taking a non-Executive seat on the Board.
BMP Wealth Limited offers the full range of wealth-management services to its client base, which tends to be expatriates and internationally mobile clients.
Buchanan Capital, Executive Director, Jarl C. Smidt-Olsen, said, “We liked the combination of deep knowledge of the advisory space coupled with a clear vision of where the market needs to go, expressed by the management team of BMP Wealth Limited”.