Empowering Wealth Management in the Middle East: A Client Success Story

Client Background 

The client is a leading Middle Eastern platform offering private and wealth management services across the UAE, Saudi Arabia, and Turkey. With a strong foothold in these key markets, the company primarily serves high-net-worth individuals (HNWIs) and mass affluent clients seeking comprehensive investment and advisory solutions.

Client’s Challenge 

The client needed granular market intelligence to enhance its advisory capabilities and strengthen recommendations for wealth management opportunities across the UAE, Saudi Arabia, and Turkey. Specifically, they sought insights into HNWI service portfolios, private banking revenue trends, foreign currency investment patterns, and standardized financial products targeting the mass affluent segment.

Without this intelligence, the client risked missing profitable market niches and falling behind competitors in delivering personalized, data-backed financial services. Mordor Intelligence was engaged to conduct a detailed study on asset allocation trends, HNWI investment behaviors, and private banking best practices, supporting the client’s goal of providing timely, research-driven advice to its customers. 

How Mordor Intelligence Helped 

Key Findings

• Service Offerings: High demand for personalized wealth management solutions, with growing interest in diversified investments and tax-efficient advisory services among HNWIs. 
  
  
• Consumer Profiles: Significant variation in wealth thresholds and demographic characteristics across the UAE, Saudi Arabia, and Turkey, influencing private banking eligibility and service design. 
  
  
• Investment Preferences: Strong appetite for foreign currency investments, alternative assets, and standardized products among both HNWIs and mass affluent customers. 
  
  
• Regional Market Dynamics: Accelerated growth of private banking in the UAE and Saudi Arabia, driven by an expanding base of HNWIs and intensifying competition among financial institutions. 

Impact Created

• Improved Consumer Focus: The client refined its offerings to match specific market trends, strengthening outreach to HNWIs and mass affluents in the UAE, Saudi Arabia, and Turkey.
• Sustained Competitive Edge: More detailed insight into competitor activity and consumer demand kept the client ahead of the local wealth-management pack.
• Strengthened Service Portfolio: Insights into personalized services and total addressable market led to robust product development, tapping into identified growth opportunities within the region. 

Our Industry Coverage 

Mordor Intelligence has produced 460+ in-depth market research reports in the Financial Services and Investment Intelligence sector. Our tailored research services address a variety of client requirements. When it comes to wealth management in the Middle East, we provide: 

By combining these focused services with deep industry expertise, Mordor Intelligence enables financial institutions to make informed decisions and stay competitive in the evolving wealth management landscape.