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Don’t be fooled by unlicensed financial advisory firms operating within the UAE. That is the message coming from the SCA (the Securities and Commodities Authority) today. In a press release issued on their website the SCA set out stark warnings to investors to be wary and only do business with licensed financial consultancy and analysis companies. The authority encourages investors to check the names of licensed companies for piece of mind, by using their website. They have also issued a reminder that it is well within investors rights to demand to see proof of licensing from any financial advisory or analysis company they are considering trusting with their finances. The DFSA (Dubai Financial Services Authority) have echoed the warning and often issue advisory notes of their own in a bid to reduce the number of people falling for scams and losing their hard earned money. Guardian Wealth Management support the words of warning from the SCA, we are a group of several global organisations each registered in the relevant jurisdiction in which we operate. GWM Qatar LLC is authorised by the QFCRA (Qatar Financial Regulatory Authority.) GWM Dubai is regulated by the SCA (United Arab Emirates Securities and Commodity Authority.) As financial planning is one of the most important tasks you will undertake in your life time it matters to us that you get the best financial advice wherever you are in the world. For more information, or to hear how we can help you, get in touch today.

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