Family office McFaddens opens UAE business

UK-based multi-family office McFaddens & Co has expanded into the Middle East with the opening of a UAE operation.

The Dubai-based office will add US$300 million assets under management as well as a foothold into the Mena wealth management market.

It will be led by newly appointed director, Nathan Tolman, who founded Offshore Management Consulting FZE in 2004.

“The Middle East is home to nearly 200 billionaires and more than a million high net worth Individuals, yet the region is underserved by the multi-family office market”, said Max Eppel, chief executive at McFaddens.

“From our hub in the UAE, we have ambitious multi-phased plans to expand the reach and breadth of our offering across the Middle East and other fast-growing markets globally.”

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