Dubai International Financial Centre announced the market entry of Wealthbrix Capital Partners Limited from DIFC, describing it as a newly launched independent wealth management firm headquartered in the centre and licensed by the Dubai Financial Services Authority. The firm is positioned as offering a holistic model spanning private wealth, asset management and corporate finance advisory. The announcement describes Wealthbrix as founded by senior private banking and asset management professionals with over 150 years of collective leadership experience and a track record managing more than USD 30bn in assets under management. It also reports an eight-figure USD equity funding round backed by global investors including family offices, a venture capital firm and angel investors, and sets out a focus on mid-tier millionaires with USD 5mn to USD 30mn in investable assets and ultra-high-net-worth individuals with more than USD 30mn. As part of its longer-term strategy, Wealthbrix plans to build a DIFC-based fund platform and in-house asset management capabilities across equities, fixed income and real estate, supported by a cloud-native platform for consolidated client reporting across banks and asset classes.

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