In line with a number of firms that have been increasing their presence in Dubai and neighbouring Abu Dhabi, Titan Wealth has launched a new team in Dubai.

Titan Wealth, a UK wealth management and asset management company, has launched Titan Private Clients in the Dubai International Financial Centre (DIFC). The team provides wealth planning and investment advice to individuals and families whose wealth spans jurisdictions, structures and generations, and coordinates the other professionals who advise them.

The launch reflects the growing number of internationally connected families based in the UAE and the wider region, the firm said in a statement.

Each client has a Titan Private Client Planner who sits at the centre of their plan, the firm continued. The planner coordinates with the client's tax advisor, investment manager, fiduciary, lawyer and private bank, so that every recommendation is made with the full picture in view. The plan can cover investments, retirement, tax and structuring, estate and legacy, protection and business wealth. Where a family needs further expertise, the planner can draw on specialists from the Titan Wealth group and the wider professional community.

In line with a number of investment managers such as Paris-based Carmignac, the decision to establish a team in the UAE reflects the firm’s confidence in the country’s growth prospects. KKR, a New York-headquartered investment firm, and Zurich-headquartered private bank UBS have also recently bolstered their presence in the Middle East, exploiting the rising level of demand for wealth management. See more here and here.

"In our experience, the most value is lost not within individual disciplines but between them,” Mark Leale, senior executive officer of Titan Private Clients, said. “Many of the families we work with have good advisors in several countries, but that advice is often given in isolation, and too often the client is left holding it all together. Our job is to bring it into one plan, working alongside the advisors our clients already trust."

“Titan Private Clients adds to what we already offer in the UAE, giving families with more complex, cross-border affairs one relationship that brings the right expertise together around them,” Dan Dickinson, chief executive officer of Titan Wealth International, added.

Titan Private Clients is led by Mark Leale, who has more than 30 years' experience in private banking and wealth management. The firm is regulated by the Dubai Financial Services Authority (DFSA) and supported by the wider Titan Wealth group.