Wealth managers are increasingly helping their clients evacuate the Middle East since the beginning of the Iran conflict as part of a widening suite of services to rich investors.
Cresset, which has over $237bn in assets under management and advisement, is one of the investment firms to have extracted clients from the United Arab Emirates in the weeks since the US and Israel launched strikes on Iran.
“These situations impact us in multiple ways,” said Susie Cranston, chief executive at US-based Cresset, which provides wealth management and financial planning services to rich families.
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