Middle East's first financial advisory aggregator website launched

  • Mar 29, 2019

Financial advisory aggregator website launched to assist GCC investors select the best advice firms in the UAE. primarily seeks to discourage financial scams, along with cold calling malpractices. The aggregator website, the first of its kind in the Middle East, offers consumers the largest choice of financial advisory firms regulated by two of the UAE's regulatory authorities – the Insurance Authority and the Securities and Commodities Authority. (WFA) gives individual investors and consumers the power to make informed choices by bringing together, on one convenient platform, financial advisory firms which are regulated in the UAE, and advisers who are members of one or more professional bodies, including the Chartered Insurance Institute, Chartered Institute for Securities & Investment and/or London Institute for Banking & Finance.

Nigel Sillitoe, founder of and CEO of Insight Discovery, said, "As the leading provider of consumer intelligence in the MENA region we could see an obvious gap in helping UAE residents understand the quality of firms that they were engaging with - or indeed a place for customers to go to, to help them compare the type of advisers available to them."

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