Dubai: Bentley Reid, the employee-owned wealth manager, today announced the opening of its Dubai office, Bentley Reid (DIFC) Limited. The company is incorporated in Dubai International Financial Centre (DIFC) and has been granted a Category 4 regulatory licence by the Dubai Financial Services Authority (DFSA), securing an office in the DIFC's new Funds Centre.
According to Emirates News Agency, Peter Clark, CEO of Bentley Reid, expressed enthusiasm about the expansion, highlighting the firm's growth over the past few years. Bentley Reid has been assisting high and ultra-high-net-worth international families with wealth management for over 40 years. The firm's extensive experience with expatriate clients in Hong Kong has made the establishment of a Middle East office a strategic move.
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, welcomed Bentley Reid to DIFC's financial community. Founded in Hong Kong with a strong UK and European presence, Bentley Reid's decision to open an office in the Centre underscores DIFC's attractiveness to global wealth and investment managers. Jaffery expressed optimism about supporting Bentley Reid as they expand their reach in the Middle East, Africa, and South Asia.