UAE-based Globaleye Wealth Management has opened a new office in Moscow to serve the increasing demand for independent financial advice and wealth management in Russia and neighbouring Eastern European countries.

The new office opening comes in response to the firm’s global expansion strategy, according to Zawya.

Moscow office is Globaleye’s ninth office. The firm has more 10,000 client spread between the Middle East, Far East and Europe.

Tim Searle, chairman of Globaleye, said: "We have seen an increasing demand for independent financial advice in the Eastern European market, and Moscow being the hub of the region was our prime choice in our global expansion strategy."

Daniel Adams, vice president Globaleye in Moscow, said: "More importantly, demand for quality financial planning advice is growing rapidly, not only in Russia but across all of Eastern Europe. We have an outstanding team of wealth managers in place here with more than 25 years collective experience."

Globaleye, launched in 1999, currently has over 350 employees and nine offices worldwide and provides unbiased and qualified financial advice and insurance solutions bespoke to its clients’ requirements.