Vault, the pioneering private wealth management platform backed by global venture capital firm Outliers VC, is set to revolutionize investment practices in the UAE through its state-of-the-art digital platform.
Recognizing the prevalent challenges faced by clients, Vault’s founders leveraged their industry experience to address key issues and reshape the investment landscape.
“In the region, many clients were receiving inconsistent financial advice and being mis-sold investment products that did not align with their long-term objectives. For example, whole of life insurance plans sold as investments, or individual high yield bonds sold as capital-guaranteed investments.
Another common problem was that clients would be sold an investment by an advisor and rarely hear from them again,” explained Sami Abdul-Hadi, Co-founder & Chief Product Officer at Vault.
The prevailing trend in the UAE is to hold the majority of financial wealth in cash, while the United States sees over 80% of financial wealth actively invested. This is primarily due to a lack of awareness and understanding regarding effective investment allocation.
Having obtained a regulatory license from the strictest and most stringent regulator in Abu Dhabi Global Markets, Vault aims to solve these problems by fostering lasting relationships and helping individuals secure their financial future.
As part of Vault’s commitment to providing personalized support to each individual client, the platform remains invite-only. Upon joining the waitlist, advisors arrange a 30-minute discovery call to ensure Vault is the right fit for each individual’s investment goals.
