Overview:
- 71% of UAE families believe in strategic investment in digital assets like cryptocurrencies, NFTs, and tokenized traditional assets, surpassing the global average of 69%.
- 75% of UAE families trust AI tools for wealth decisions, provided human advisers remain involved in major judgment calls, compared to 70% globally.
- UAE families combine openness to innovation with strong governance frameworks, positioning the country as a leading hub for digital and AI adoption.
- Over 67% of UAE family offices report active involvement of next-generation members in wealth and investment decisions, driving sustainability and digital diversification.
- Philanthropy and succession planning remain priorities, with 88% favoring global causes and 92% emphasizing cross-border succession strategies to preserve wealth.
UAE families are emerging as global frontrunners in embracing artificial intelligence and digital assets, signaling a profound shift in wealth management strategies across the region.
AI and Digital Assets Take Center Stage
A recent study reveals that 71% of UAE families invest strategically in digital assets, including cryptocurrencies, NFTs, and tokenized traditional holdings—outpacing the global average of 69%. This trend underscores the nation’s growing appetite for innovation in financial ecosystems.
Human Oversight Remains Crucial
While 75% of UAE families trust AI tools for wealth decisions, they insist on human advisers for critical judgment calls. “Technology is a tool, not a replacement for wisdom,” said one industry expert during the interview.
Next-Generation Leadership and Governance
More than 67% of family offices in the UAE involve next-generation members in investment decisions, ensuring sustainability and digital diversification. Strong governance frameworks further position the UAE as a leading hub for tech-driven wealth strategies.
Philanthropy and Succession Planning
The report highlights that 88% of families prioritize global philanthropic causes, while 92% emphasize cross-border succession planning to safeguard wealth for future generations. “Our focus is on legacy and impact beyond borders,” the speaker added.
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Guest’s ideas:
Vinay Gandhi
Global Head Of South Asia Community And Regional Head For EMEA
Standard Chartered
Vinay Gandhi, Global Head of South Asian Community and Regional Head for Africa, Middle East, and Europe Private Banking at Standard Chartered, oversees one of the bank’s largest and fastest-growing businesses. His appointment, effective January 2024, reflects the bank’s strategy to strengthen its private banking footprint across key global markets.
Under his leadership, Standard Chartered has expanded its private banking capabilities, focusing on bespoke solutions for high-net-worth and ultra-high-net-worth clients. Gandhi emphasizes innovation and governance in wealth management, positioning the bank as a trusted partner for families seeking global connectivity and sustainable growth.