The number of financial advisors in the United Arab Emirates (UAE) has grown tremendously due to economic diversification, rising wealth, as well as a growing sophisticated investment landscape. In the past few years, the UAE has been moving from an oil reliant economy to a diversified economy by adopting tourism, technology and finance as the spearhead of growth. This has allowed for a burgeoning affluent class, and necessitated providing personalized financial guidance. The wealth of individuals and families expands, and so do their financial needs. HNWIs in UAE, are looking for comprehensive wealth management solutions— investment strategies as well as estate planning and tax optimization solutions. The result has been the emergence of a large number of financial advisory services, both local and international firms offering their services.
Also the regulatory... >>More
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