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Bentley Reid Opens Dubai Office at DIFC
Bentley Reid, the employee-owned wealth manager, has officially opened a Dubai office under the name Bentley Reid (DIFC) Limited. The firm is incorporated within the Dubai International Financial Centre (DIFC) and has received a Category 4 regulatory licence from the Dubai Financial Services Authority (DFSA).
CEO Peter Clark has relocated with his family from the United Kingdom to Dubai to oversee the new operation, which is based in DIFC’s newly established Funds Centre. Clark highlighted the firm’s experience with high-net-worth international clients, particularly in Hong Kong, and described the Middle East expansion as a natural extension of the company’s growth over the past four decades.
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, welcomed Bentley Reid to the financial hub, noting that the firm’s UK and European presence aligns with DIFC’s strategy to attract global wealth and investment managers.
Dubai has increasingly become a focal point for affluent families. A Henley & Partners report shows that, as of the end of 2024, the city had the highest concentration of wealth in the Middle East. The UAE is projected to welcome roughly 9,800 new millionaires in 2025, surpassing traditional financial centres such as London and Singapore. DIFC hosts over 1,000 family-related entities, including 120 family offices managing $1.2 trillion in global assets, reinforcing its position as a hub for ultra-wealthy clients.
Photo credits: Government of Dubai Media Office
Alexander Agafiev Macambira is former tech contributing writer for Forbes Monaco.
Alexander Agafiev Macambira
Vladyslava Garkusha
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