Regulation of Financial Advisors in UAE

Updated 15/4/2018.  It is important to note that in UAE there is no regulation of individual advisors, no licence registry, and no minimum requirement for examinations and qualifications.

This underlines the importance of doing your own due diligence, before you decide which financial advisor to work with.

Reputable territories elsewhere allow you to search an official website and check an advisor’s existence on the registry. However, not in the UAE.

Check my Licence

Personally, I have been a regulated advisor for 7 years in Singapore (probably the most tightly controlled location anywhere for our industry), licenced by the Monetary Authority.

By visiting  https://eservices.mas.gov.sg/rr, and entering my Licence number WRS300043281, you will see my employment record, and the various areas in which I am permitted to provide regulated advice.

Guardian Wealth Management Licencing

GWM Group is headquartered in UK and has offices in London, Brussels, Geneva, Miami, Dubai, and Abu Dhabi.  Branches are licensed and regulated by all relevant authorities in each location.  In UK, it is regulated by the Financial Conduct Authority (FCA).  In UAE, regulatory compliance falls under the jurisdiction of both the Securities and Commodities Authority (SCA), and the Insurance Authority (IA), and GWM is licensed by each:

Financial Conduct Authority (UK)
https://register.fca.org.uk/ShPo_FirmDetailsPage?id=001b000000MfMvaAAF

Securities and Commodities Authority (UAE)
https://www.sca.gov.ae/English/Opendata/Pages/BrokerDetail.aspx?cosym=608018

Insurance Authority (UAE)
https://ia.gov.ae/en/eservices/Pages/CompanyDetail.aspx?k=4752


To the best of my knowledge, GWM is the only firm in our industry operating in UAE with the full suite of licences.


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