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UK financial services firm targets international expansion

It wants to have offices in Dubai, Hong Kong and Singapore

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SPF Private Clients (SPF), which offers a range of services including wealth management, has announced it wants to open offices in Dubai, Hong Kong and Singapore.

This came during the firm’s financial results for 2022, where it reported a 13% increase in gross revenue to £37.4m ($47m, €43m) for the year ending December 2022. Its insurance and wealth business grew by a combined 19%.

Mark Harris, group chief executive of SPF Private Clients, said: “This year, we plan to open offices in Edinburgh and Bristol to complement our existing office base, as well as in Hong Kong, Singapore and Dubai, enabling us to grow our international market share.”

SPF Private Clients offers mortgage, insurance, real estate and wealth management services from its offices in London, Cambridge, Manchester, Oxford and Guernsey.

Its wealth management arm offers retirement, investment planning, inheritance tax planning, and life and health insurance services.

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