Dubai International Financial Centre (DIFC) has announced the official launch of Wealthbrix Capital Partners Limited, an independent wealth management firm entering the UAE market to serve the country’s rapidly expanding community of millionaires and ultra-high-net-worth individuals (UHNWIs).
Wealthbrix arrives with over 150 years of combined leadership experience, having previously managed more than $30 billion in assets across the Middle East, Asia, and Europe. Its entry comes amid the ongoing “Great Wealth Transfer,” a global phenomenon expected to redistribute $100 trillion by 2050, with nearly $1 trillion projected to shift hands in the GCC alone.
Serving a Surge in Wealth Across the UAE
In 2024, over 6,700 new millionaires relocated to Dubai, contributing to the UAE’s current base of 68,000+ HNWIs and UHNWIs. This figure is forecast to exceed 98,000 in the next five years, reflecting the country’s growing allure as a wealth management destination.
Wealthbrix aims to capitalise on this growth by focusing on two key client segments:
- Mid-Tier Millionaires (MTMs): Investable assets between $5 million and $30 million
- UHNWIs: Clients with wealth above $30 million
Together, these two segments control nearly $55 trillion globally, and are expanding faster than the broader HNWI population.
A Client-First, Independent Wealth Management Model
Wealthbrix Capital Partners offers a holistic model that blends independence, innovation, and customisation. Services include:
- Private wealth and asset management
- Debt and equity advisory
- In-house investment solutions across equities, fixed income, and real estate
- Consolidated reporting and risk tools, powered by cloud technology
The firm is fully licensed by the Dubai Financial Services Authority (DFSA) and launches with strong financial backing, following a successful eight-figure USD equity raise supported by regional family offices and global VC partners.
Endorsements from Leadership
Dr. Hamad Buamim, Chairman of the Advisory Board at Wealthbrix Capital Partners, remarked:
“This is the Dubai moment – an inflection point where global capital, regional ambition, and client expectations are converging.
Today’s wealth creators want more than just access to financial products. They seek partners who can preserve their legacy, provide strategic guidance, and support their aspirations.”
Arif Amiri, CEO of DIFC Authority, welcomed the firm into the DIFC ecosystem:
“Wealthbrix joins a growing network of firms shaping the future of wealth and asset management. As Dubai continues to attract a high concentration of regional and global wealth, DIFC remains a natural base for next-generation financial service providers. We look forward to supporting their growth journey.”
Anchored in Dubai’s Economic Vision
As part of its broader strategy, Wealthbrix is developing a DIFC-based fund platform, aligned with the Dubai Economic Agenda (D33). This initiative aims to further anchor investment activity within the emirate, bolstering Dubai’s status as a global hub for financial innovation and wealth management.
