Mayfair Private, the high net worth private client advisory business launched in 2014 by top law firm Mishcon de Reya, has rolled out a wholly-owned subsidiary in Dubai.
The new Dubai office, launched in response to “client demand”, will offer the same suite of private advisory services to HNW families as the London-based original. It will advise on succession planning, family governance, international structuring, asset protection and the like, but not on investments, nor does it provide investment management services.
Mayfair Private does, however, offer a property advisory service, which promises to “facilitate residential and commercial property deals by bringing people, financial investment and opportunities together… we offer a single and comprehensive point of contact to procure, co-ordinate and oversee the multiplicity of professionals that can be involved in any real estate transaction.”
Deepak Malhotra has been signed up to run the show, based out of swish digs on Sheikh Zayed Road in Dubai’s Sharjah district. Malhotra was formerly Managing Director of private banking operations at Barclays Wealth, and has previously worked for UK firms including Deloitte and Grant Thornton.