New Office
British Expats Specialist Opens In GCC

The business concentrates on serving UK expats worldwide.
The Fry
Group, a financial advisory firm specialising in UK expat
clients, has launched its Middle East business by opening a new
office in the Dubai International Financial Centre. The move
comes after The Fry Group appointed Stuart McCulloch as market
head.
“The firm plans to use Dubai as a platform to offer its services
in the local market and across the wider Gulf region,” it said in
a statement today.
The organisation said there are about 240,000 UK expats in the
United Arab Emirates, and about 65 per cent of them think that
they have significantly higher disposable income than they would
have in the UK, which means that they need professional financial
advice.
McCulloch has worked across the region in a number of senior
roles and has more than 27 years’ experience in financial
services, previously acting as head of operations at Bank of
Singapore in Dubai and before that, head of operations, Middle
East at Coutts.
“There is a huge opportunity for us to bring our approach to
financial planning services to a market that is crying out for
professionally qualified advisors that operate under strong
governance models, and provide intelligent solutions with fair
and transparent charging structure,” McCulloch said.