Employee-owned wealth manager Bentley Reid has opened an office in Dubai, Bentley Reid (DIFC) Limited.
The company is incorporated in the Dubai International Financial Centre (DIFC) and has been granted a Category 4 regulatory licence by the Dubai Financial Services Authority (DFSA).
Chief executive Peter Clark (pictured) has relocated with his family from the UK to Dubai to help establish the new operation, and the company has opened an office in the DIFC’s new Funds Centre.
Clark said: “We are thrilled to build on the firm’s growth of the past few years. Bentley Reid has been helping high and ultra-high-net-worth international families with their wealth management needs for over 40 years.
“Our vast experience with expat clients in Hong Kong, in particular, makes opening a Middle East office a natural next step.”
Salmaan Jaffery, chief business development officer at DIFC Authority, added: “Originally founded in Hong Kong with a strong UK and European presence today, Bentley Reid’s decision to establish a presence in the Centre reflects DIFC’s continued appeal to respected wealth and investment managers with a global mandate.
“We look forward to supporting Bentley Reid as they expand their footprint and connect with the opportunities available from the Middle East, Africa and South Asia’s leading financial centre.”
