The Family Office empowers Bahrain’s digital wealth management ecosystem

  • Date: 28-Jun-2023
  • Source: GCC Business News
  • Sector:Technology
  • Country:Bahrain
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The Family Office empowers Bahrain’s digital wealth management ecosystem



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The Family Office, a leading Bahrain-based wealth manager with offices in Dubai and Riyadh, has been implementing numerous innovative digital initiatives to advance efforts in engaging with an increasing base of digital-savvy clients.

The revolutionary measures enable greater efficiency and personalization to meet client needs for wealth management and wealth preservation in the Middle East region.

To facilitate the increasing demand for financial advice calls for wealth management firms to offer more personalized services while serving a broader range of clients at reasonable fees without incurring additional costs, The Family Office has adopted a hybrid approach, face-to-face plus virtual, providing clients greater access to financial advisors with improved efficiency. As clients are commonly accustomed to interacting digitally, roughly two-thirds of wealth management executives have been prioritizing digital initiatives.

Encouraging the use of digital platforms can also improve access to wealth management for the under-served “affluent” segment, $250,000 to $1 million, who represent the future HNWI clients, but are too small for traditional wealth management firms.

Recognizing the needs of the regional market, The Family Office is following a multi-faceted strategy. The firm’s investment philosophy adheres to time-honored fundamentals and agile investment selection in private markets that usually outperform traditional 60 percent bonds,