Dubai, UAE (November 3, 2025)
Bentley Reid, the employee-owned wealth management firm, has officially launched its Dubai operation, Bentley Reid (DIFC) Limited, marking its entry into the Middle East market. The company is incorporated within the Dubai International Financial Centre (DIFC) and has obtained a Category 4 regulatory license from the Dubai Financial Services Authority (DFSA).
CEO Peter Clark has relocated from the UK to Dubai with his family to oversee the new office, which is located in DIFC’s new Funds Centre.
Commenting on the expansion, Clark said:
“We are thrilled to build on the firm’s growth over the past few years. Bentley Reid has been supporting high and ultra-high-net-worth international families with wealth management solutions for more than 40 years. Our extensive experience with expatriate clients in Hong Kong makes opening a Middle East office a natural next step.”
He added:
“We believe our discreet, highly personalised, and service-driven approach will resonate strongly in this rapidly growing market.”
DIFC Welcomes Bentley Reid
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, said:
“We are delighted to welcome Bentley Reid to DIFC’s dynamic financial ecosystem. Originally founded in Hong Kong with a strong presence across the UK and Europe, Bentley Reid’s decision to establish a base here highlights DIFC’s continued appeal to leading global wealth and investment managers. We look forward to supporting their growth and helping them capitalise on opportunities across the Middle East, Africa, and South Asia.”
Dubai: A Growing Hub for Wealth Management
According to a Henley & Partners report, Dubai has the highest concentration of wealth among Middle Eastern cities as of the end of 2024. The UAE is projected to attract approximately 9,800 new millionaires in 2025, outpacing traditional financial hubs such as London and Singapore.
DIFC has become a key destination for ultra-wealthy families, hosting over 1,000 family-related entities, including 120 family offices managing USD 1.2 trillion in assets globally. Bentley Reid’s arrival further strengthens the Centre’s position as a premier hub for high-net-worth and ultra-high-net-worth clients in the region.
