Vault, a wealth management company unveils new digital platform
By Leandra Monteiro
Vault, a UAE-based digitally enabled private wealth management platform, backed by global venture capital firm Outliers VC, is set to revolutionise regional investment practices with its digital platform.
Recognising the prevalent challenges faced by clients, Vault aims to reshape the investment landscape in the UAE.
Vault’s investment philosophy maximises investment outcomes by generating natural yields from diversified income-generating assets, prioritising long-term preservation, mitigating risks through diversification, and capitalising on global opportunities.
The UAE, home to a population of 8 million adults, boasts a staggering total wealth exceeding 1 trillion USD, with financial assets representing 63.4% of this amount. Notably, around 9.6% of adults possess over 100,000 USD, and the average wealth per person amounts to approximately 122,841 USD. Remarkably, about 177,000 individuals can be classified as USD millionaires.
However, despite this significant wealth, there is a prevailing trend in the UAE to hold the majority of financial resources in cash, in contrast to the United States, where over 80% of financial wealth is actively invested. This disparity arises primarily from a need for more awareness and understanding regarding effective investment allocation.
Vault offers exclusive access to thematic and private investments, including venture capital, artificial intelligence, and private real estate. By lowering the minimum investment requirement to as low as $60,000, Vault democratises asset classes traditionally limited to ultra-high-net-worth individuals.
Additionally, Vault provides the opportunity for passive monthly income and an impressive 4.53% APY interest on cash, over five times the average UAE bank’s offer, without any lock-in periods.
Exemplifying Vault’s dedication to personalized support, the platform operates exclusively invite-only.
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