UK-headquartered IFA firm Shalchi & Partners has made its way to the big smoke with a team of qualified advisers on board.
The privately-owned business said it is fully licenced by the Financial Conduct Authority and offers a “full suite of advisory services” ranging from pensions and retirement, to savings, investments and mortgages.
Chief executive Hamzah Shalchi was previously the Middle East regional director of Dubai-based Guardian Wealth Management, before leaving at the end of 2018.
Shalchi said: “As an independent company, we can search the whole market without influence, giving clients the confidence that we are recommending the most suitable products and strategy to meet their goals, and at the best pricing.”
Looking East
Overall, he said the firm is looking to work with clients globally, especially expats and “repats” (those looking to return to their country of origin).
The offering will be available to “clients of all mixes”, Shalchi added, but he is mainly targeting high net worth and ultra-high net worth individuals.
The firm, however, is not looking to enter the DB pension transfer segment, since it has a UK partner firm which specialises in this type of financial advice
Shalchi & Partners is not stopping at the UK, as “growth plans are a must”, according to the chief executive.
He told International Adviser the firm is “looking at getting a licence in the UAE” as well.
