Latest news with #WealthbrixCapitalPartnersLimited
Fintech News ME
24-06-2025
- Business
- Fintech News ME
Wealthbrix Launches in DIFC to Serve Growing Global Wealth
Wealthbrix Capital Partners Limited, a newly established independent wealth management firm, has officially launched operations from the Dubai International Financial Centre (DIFC), the financial hub for the Middle East, Africa, and South Asia (MEASA). Founded by professionals from private banking and asset management backgrounds, the firm brings over 150 years of combined leadership experience, with a track record of managing more than US$30 billion in assets for clients across the Middle East, Asia, and Europe. Wealthbrix aims to provide a client-centric, independent approach to wealth management, targeting a growing group of globally mobile, self-made clients seeking tailored solutions beyond standardised offerings. The firm's launch coincides with ongoing shifts in global wealth patterns. An estimated US$85–100 trillion is expected to change hands globally by 2050 in what has been referred to as the 'Great Wealth Transfer'. In the Gulf Cooperation Council (GCC), around US$1 trillion is projected to be passed down, alongside rising numbers of high-net-worth individuals (HNWIs) in the UAE. In 2024 alone, over 6,700 new millionaires reportedly relocated to Dubai, bringing the total number of HNWIs and ultra-HNWIs (UHNWIs) in the country to more than 68,000, with further growth anticipated. Wealthbrix is particularly focused on Mid-Tier Millionaires (MTMs), individuals with investable assets between US$5 million and US$30 million, and UHNWIs with over US$30 million. MTMs, often overlooked by traditional models, account for around US$55 trillion in global wealth and are growing at a faster rate than the broader HNWI population. UHNWIs are projected to increase by 38% in the next five years, driven by growth in Asia and the Middle East. Wealthbrix positions itself to serve these segments through a combination of wealth preservation, succession planning, asset diversification, and advisory services. Its platform is built to offer regional insight and global structuring expertise, supported by in-house capabilities across equities, fixed income, and real estate. The firm operates with a partner-led model and holds a license from the Dubai Financial Services Authority (DFSA). It plans to establish a fund platform based in DIFC, in line with Dubai's broader ambitions to strengthen its position as a global financial centre. Wealthbrix has secured an eight-figure equity investment from a group of international investors, including regional family offices, a venture capital firm, and angel investors. The capital is expected to support its plans to attract talent, expand its services, and scale operations. Rajesh Khanna, CEO of Wealthbrix, said: 'Dubai offers a unique convergence of regulatory clarity, global talent, and a robust entrepreneurial ecosystem, making it the ideal base for a firm that is home-grown, yet global in outlook.' Wealthbrix operates on a hybrid model that combines personal engagement with technology. Its secure, cloud-based platform enables consolidated portfolio reporting across banks and asset classes, offering clients a centralised view of performance and risk.
Hi Dubai
23-06-2025
- Business
- Hi Dubai
Wealthbrix Launches in DIFC as Demand Grows for Tailored Wealth Management in UAE
Wealthbrix Capital Partners Limited, a new independent wealth management firm, has officially launched from Dubai International Financial Centre (DIFC), aiming to serve the region's growing population of mid-tier and ultra-high-net-worth individuals with a personalised, partner-led model. Founded by industry veterans with over 150 years of combined experience and a history managing $30 billion in assets, Wealthbrix enters the market at a pivotal time. The UAE, and Dubai in particular, is rapidly emerging as a magnet for global wealth—more than 6,700 millionaires moved to the city in 2024 alone, with tens of thousands more expected in the coming years. Wealthbrix is targeting two of the fastest-growing investor segments: mid-tier millionaires (with $5–30 million in assets) and UHNWIs (over $30 million). Together, they represent a market that demands more than standardised solutions. The firm offers tailored wealth preservation, succession planning, asset diversification, and fundraising strategies built on independence, transparency, and institutional rigor. The company is fully licensed by the Dubai Financial Services Authority and is backed by an eight-figure USD equity funding round from a strategic group of global investors. Its platform combines global structuring expertise with regional insights, while leveraging technology to deliver a seamless, consolidated view of portfolios across banks and asset classes. 'This is Dubai's moment,' said Dr. Hamad Buamim, Chairman of the Wealthbrix Advisory Board. 'Global capital, regional ambition, and client expectations are converging—and Wealthbrix is built to meet that demand.' Wealthbrix joins DIFC's expanding ecosystem of financial firms, aligning with Dubai's economic agenda to become a leading global centre for innovation in wealth and asset management. News Source: Dubai Media Office
