Globaleye teams up with multi-family office Fortu Family

Globaleye, a Dubai based wealth management firm, has teamed up with Russian multi-family office Fortu Family to manage its retail business.

The partnership is aimed at offering ongoing support for Globaleye’s offshore products, reported International Adviser.

Tim Searle, CEO of Globaleye, said: "Fortu has some offshore planning solutions but they weren’t getting the service they wanted, so we thought we could offer additional value by managing some of their assets."

Additionally, Globaleye is in negotiations with other firms to sign more deals globally.

Moreover, Globaleye has also opened a new office in Zurich that complements its existing office in Geneva that was opened in 2012.

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By GlobalData

Licensed by the Organisme D’Autoregulation des Gerants de Patrimoine, the new Zurich office currently employs six advisers and intends to further expand the number of staff amid rising demand for financial advice in this region.

Searle added: "Initially Geneva was our target market, but what tends to happen is our clients move somewhere else and more and more we saw that there was a reason to provide advice on a permanent full-time basis in Zurich."