As multi-family office creates UAE operation to tap into the ‘underserved’ region
Ajman Bank has opened its first dedicated wealth management branch in Jumeirah, Dubai to serve its high net worth customers.
The branch will give HNWs direct access to its financial and wealth management experts specialised in its suite of investment products and services.
The Ajman Wealth solutions are Sharia-compliant and tailored to serve the individual’s business and investment needs.
Mohamed Amiri, chief executive of Ajman Bank, said: “Our objective with the new Ajman Wealth management branch in Jumeirah is to be a distinctive all-encompassing space that delivers personalised and superior banking and investment services crafted around the customers’ lifestyles and financial priorities.
McFaddens & Co Expands Multi-Family Office Into the Middle East
McFaddens Co (the Group ), an international multi-family office providing the global suite of investment, wealth management, philanthropic and lifestyle services, announces that it has completed the establishment of the McFaddens Co UAE operation, expanding the Group s operations in the fast-growing and underserved EMEA market.
The McFaddens Co operations hub in the UAE adds over $300 million to the Group s AUM and brings an experienced team with a proven track record of building AUM. The UAE office provides a foothold to expand into the wider region and forms a key pillar of McFaddens Co s ambition to become a leading provider of family office services in the APAC and EMEA regions. By expanding into this market, the Group will offer clients local service, trusted advice and a truly international suite of services.