Re/think assists Vesper Wealth secure ADGM investment advisory license

Re/think assists Vesper Wealth secure ADGM investment advisory license

8 October 2024, Dubai, UAE – Re/think Middle East (Re/think), the award-winning UAE business advisory and outsourced services firm, has assisted Vesper Wealth Advisors (Vesper) with obtaining their Category 4 (CAT4) investment advisory license by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM). This achievement marks a significant milestone in Vesper’s journey and underscores its commitment to providing top-tier financial services in the UAE.

Re/think has helped set up over 100 regulated entities in the ADGM and Dubai International Financial Centre (DIFC) in the last decade and is recognised as one of the top three firms in the UAE in both numbers of authorisations and outsourced Compliance Officer/MLRO and Finance Officer mandates.

The CAT4 license empowers Vesper to operate as a fully-fledged financial services provider in the ADGM – from wealth and family planning advisory to arranging deals – that curates private wealth solutions for their clients’ complex and global financial needs.

James D. Haller, Vesper’s Senior Executive Officer, is widely recognized as one of the top experts in investment advisory. Throughout his career, he has consistently demonstrated a deep understanding of financial markets, guiding clients through complex investment strategies and helping them achieve long-term financial growth. His leadership and expertise have earned him a reputation for delivering exceptional results while maintaining the highest standards of integrity and client service.

Mr. Haller commented: “Securing this investment advisory licence is a fantastic milestone for Vesper Wealth Advisors, and we are incredibly grateful and excited for the opportunity to achieve great success out of the Abu Dhabi Global Market (ADGM).”

John Kartonchik, Senior Director at Re/think and Senior Advisor on the project, said: “We are delighted to be supporting Vesper Wealth Advisors on this important step. We look forward to witnessing their continued success and contributions to the UAE’s financial services industry.”

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Note to editors

1. Vesper Wealth Advisors is an independent advisory services firm curating private wealth solutions for their clients’ complex and global financial needs. The firm is registered under the Laws of the Abu Dhabi Global Market (ADGM) and authorized and regulated by the Financial Services Regulatory Authority (FSRA). For further information, please visit www.vesperwealth.com/.
   
2. Re/think Middle East is an award-winning business advisory and outsourced services firm providing regulatory and compliance, accounting, tax, audit, HR consultancy and recruitment services to regulated firms, multi- and single-family offices, and other operating businesses. Established in the UAE in 2013, Re/think today has 80 compliance, finance, tax, and HR professionals across three offices in Dubai and Abu Dhabi focused on providing clients with timely, proactive, and customized business solutions from set-up and early development to the latest stages of a business lifecycle. www.rethink-hq.com
   
3. Re/think partners and senior directors uniquely combine over 50 years of practical regulatory and compliance experience across the UAE financial free zones with an array of ancillary services capabilities, including a tax team familiar with the specific features and needs of proprietary investment firms, family offices and financial regulated firms.
   
4. Re/think’s Regulatory & Compliance practice is recognised as one of the top 3 firms in the UAE in both numbers of authorisations and outsourced Compliance Officer/MLRO and Finance Officer mandates.
   
5. For further information about this press release, please contact Sarah D’Souza, Marketing & Communications Specialist at dsouza@m-hq.com and +971 56 368 7106.