Macquarie Private Wealth Asia hires three experts

New Key Client Adviser Leonard Tan beefs up company’s South East Asian operations.

Macquarie Private Wealth Asia (MPWA) on Wednesday announced the appointment of three senior private wealth executives, further growing its business and providing additional expertise to support its clients throughout the Asian region.

The Head of MPWA, Joseph Poon, said Macquarie Private Wealth Asia continued to support the private wealth management needs of ultra high net worth individuals by recruiting experts who understand their clients’ unique needs.

“This includes ensuring we have senior executives with extensive Asian wealth management experience,” Mr Poon said.

The three appointments are:

• James Mak; who was the former Head of JP Morgan’s Strategic Advisory Group Asia Pacific, has been appointed as MPWA’s region Head of Co-Investments and Strategic Advisory.
• Robin Harris; the former Managing Director for leading independent provider of trust and fiduciary services, Equity Trust, has joined MPWA to lead the strategic partnership development initiatives
• Leonard Tan; a former leading private banker at Morgan Stanley Private Wealth Management (Asia) has joined Macquarie Private Wealth Asia’s Singapore office as a Key Client Adviser, focusing on the South East Asian markets.

Mr Mak will work in MPWA’s Hong Kong office. He has provided financial advice in the Asian region for the past 13 years. Eleven of those years were spent in Investment Banking focusing on Mergers and Acquisitions and capital raisings for major corporates. He also had responsibility for launching a direct investment opportunities platform for Ultra High Net Worth individuals and sophisticated ‘institutional style’ private clients.

Mr Tan has more than 20 years’ private banking experience throughout South East Asia. Most recently, a Director of Focal Capital, he has a strong track record in providing holistic solutions for business owners through the integration of structured finance and institutional investment platform into private wealth management.

Mr Poon said MPWA has seen strong interest and an increase in activity from its private wealth management clients
“Expanding our team with these three experienced executives is recognition of the promise we see in the region, and is a direct response to the demands of our clients,” Mr Poon said.

“Responding to the market demand for true diversification strategies, MPWA has focussed on providing access to real asset co-investments, where clients invest alongside major institutional investors into assets with low correlation to traditional asset classes. This is a unique offering providing our clients with access to the benefits of investments typically available only to institutional investors,” Mr Poon said.

“Macquarie Private Wealth Asia’s service offering is tailored to provide solutions for a range of client profiles. The services offered include Holistic Management of Wealth which delivers to our clients’ wealth preservation goals: Bespoke Wealth Management which allows greater client involvement in investment decisions; and access to aspirational, institutional scale investments for clients with large investment potential.

“Each of our new recruits has been selected to add greater depth to the expertise within each of these key offerings,” he said.