What Neovision Wealth Management does

Neovision Wealth Management Limited is an ADGM-native Management Company and wealth manager incorporated in Abu Dhabi Global Market and regulated by the FSRA under Financial Services Permission No. 220080. It operates three concentrated service lines under a single regulated licence: ADGM Fund Management (full ManCo services for open- and closed-ended vehicles), Funds-as-a-Service (white-label hosting that lets sponsors launch funds in 8–12 weeks versus 9–18 months for a standalone ManCo), and Wealth Management (discretionary, advisory, and bespoke mandates for UHNW individuals, family offices, and institutions). As of 2025–2026 the firm manages five live ADGM fund vehicles — Tabby Capital Fund I (private credit CEIC backed by Tabby's BNPL flow), Mina Residential REIT (Shari'a-compliant residential CEIC REIT), GFC Global Carbon Credit Development Fund (FSRA green-certified CEIC), DSP Funds PCC (Indian equities OEIC PCC), and DIP ICC Limited (private assets/pre-IPO platform) — and runs a wealth management platform with open-architecture access to more than 35,000 instruments executed through third-party custodians and tier-one counterparties.

The business model is fee-based and recurring: ManCo/FaaS engagements earn a setup fee plus an ongoing management fee calculated in basis points on AuM, while wealth mandates earn discretionary or advisory fees on managed assets. The firm does not operate a proprietary technology stack; its core capability is regulatory structuring, fund management, and compliance infrastructure, supplemented by third-party platforms including Allfunds for fund distribution and the Digital Investment Platform (DIP). Distribution is exclusively direct and senior-led — sponsors engage with the CEO and CIO from first contact, and wealth clients are handled by the Head of Client Relationship Management with handoff to the CIO. All services are restricted to FSRA-defined Professional Clients.

The eight-person team is led by Founder & CEO Dr Ryan Lemand (former UAE Federal Government Senior Advisor on financial regulation; founding builder of the ADSS Wealth & Asset Management arm) and Director & CIO Ashish Marwah (prior CIO of ADS Investment Solutions Limited), with senior staff drawn from Credit Suisse, UBS, HSBC, First Abu Dhabi Bank, Gulf Capital, KPMG, and Merrill Lynch. The firm has won consecutive WealthBriefing MENA Awards (2024 External Asset Manager up to US$1B AuM; 2025 Overall Fund Manager and EAM Newcomer), achieved FSRA green certification for the only carbon credit fund in ADGM, and in June 2026 partnered with Mashreq and Red Lions Capital to deliver private markets access to HNW and family office clients via the Digital Investment Platform.

Name

Neovision Wealth Management

Legal name

Neovision Wealth Management Limited

Website

https://neovision-wealth.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Neovision Wealth Management is an FSRA-regulated ADGM Management Company and wealth manager providing fund hosting, Funds-as-a-Service, and bespoke discretionary mandates to Professional Clients — UHNW individuals, family offices, and fund sponsors — across the GCC and selected international markets.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910)

SIC

Investment Advice (6282)

akta.pro primary industry

Private Client/High-Net-Worth Advisory (FSAEAAAN)

akta.pro secondary industries

Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF), Digital/Hybrid Private Wealth (Robo-Enabled HNW Service) (FSAAABAO)

Keywords

• Fund management services
• Wealth management
• Fund hosting
• Investment advisory
• Portfolio management

Headquarters

HQ city

Musaffah

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Fund Management Fees (ManCo Services): NWM earns management fees as the regulated Management Company for hosted funds. For FaaS engagements, fees are structured as a setup fee plus an ongoing management fee typically calculated in basis points on AuM. For bespoke fund structuring and ongoing fund management, fees cover incorporation, FSRA filings, portfolio management, compliance oversight, and service-provider coordination.
2. Wealth Management Mandates: Discretionary portfolio management, advisory mandates, and custom-made structures for UHNW individuals, family offices, and institutional clients. Fees are charged on managed assets under discretionary or advisory mandates. The open-architecture platform accesses 35,000+ instruments with custody through regulated third-party custodians.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Neovision Wealth Management is an FSRA-regulated ADGM Management Company providing three service lines: (1) ADGM Fund Management — end-to-end regulated fund hosting, portfolio management and ManCo services for sponsors launching open- or closed-ended vehicles; (2) Funds-as-a-Service (FaaS) — a ManCo-as-a-Service / white-label fund platform enabling sponsors to launch ADGM-regulated funds in 8–12 weeks without building a standalone ManCo; and (3) Wealth Management — discretionary portfolio management, advisory mandates, and custom-made structures for ultra-high-net-worth individuals, family offices and institutional clients with open-architecture access to 35,000+ instruments.

Product overview

Neovision Wealth Management is an ADGM-native Management Company offering a three-service-line platform: ADGM Fund Management (regulated fund-hosting for sponsors launching open- or closed-ended vehicles), Funds-as-a-Service (FaaS / ManCo-as-a-Service / white-label fund platform enabling faster, leaner fund launches), and Wealth Management (discretionary, advisory, and custom-structured mandates for UHNW individuals, family offices, and institutions with access to 35,000+ instruments). The firm currently manages four live funds under its regulated umbrella: Tabby Capital Fund I (private credit CEIC backed by Tabby's BNPL flow), Mina Residential REIT (Shari'a-compliant residential CEIC REIT), GFC Global Carbon Credit Development Fund (FSRA green-certified carbon finance CEIC), and DSP Funds PCC (Indian equities OEIC with protected cells), plus the DIP ICC Limited platform for private assets and pre-IPO growth.

Differentiator

Problem solved

Functional benefit

Products and services

• ADGM Fund Management Regulated fund-hosting, portfolio management, and end-to-end ManCo services for sponsors launching open- or closed-ended vehicles in the ADGM. Each fund is structured individually, not assembled from a template.
• Funds-as-a-Service (FaaS) ManCo-as-a-Service / white-label fund platform allowing fund sponsors to launch regulated ADGM funds faster and leaner by leveraging NWM's FSRA-authorised entity and compliance infrastructure rather than building their own ManCo.
• Wealth Management Discretionary portfolio management, advisory mandates, and custom-made structures for ultra-high-net-worth individuals, family offices, and institutional clients, with open-architecture access to more than 35,000 instruments through tier-one counterparties and third-party custodians.
• Tabby Capital Fund I A private credit Closed-Ended Investment Company (CEIC) that originates and holds short-duration consumer and SME receivables from Tabby's BNPL transaction flow, providing professional investors exposure to a high-turnover credit book underwritten on granular, real-time consumer data.
• Mina Residential REIT One of the largest Shari'a-compliant residential REITs in the ADGM, structured as a CEIC investing in income-generating onshore UAE residential real estate, with FSRA-registered Shari'a board oversight. Co-sponsored by Mina Properties and Rasameel.
• GFC Global Carbon Credit Development Fund The first and only FSRA green-certified carbon credit fund in the ADGM, structured as a CEIC. Develops and holds a diversified portfolio of carbon credit-generating projects across nature-based solutions, renewable energy, and sustainable agriculture, sponsored by Global Frontier Capital.
• DSP Funds PCC A Public Open-Ended Investment Company structured as a Protected Cell Company (PCC), offering professional investors access to Indian equity strategies through an ADGM-regulated vehicle managed by NWM, with investment strategy from DSP Asset Managers.
• DIP.Market (DIP ICC Limited) An institutional-grade fund platform structured as an Incorporated Cell Company (ICC), providing streamlined access to private assets and pre-IPO growth opportunities within the ADGM regulatory framework.

Quantifiable outcome

• Fund launch in 8-12 weeks via existing FSRA licence vs 9-18 months for standalone ManCo build
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered flagship, core and minor.

• MashreqflagshipStrategic or Co-development Partner · 9 June 2026Mashreq, a UAE bank, collaborated with NWM and Red Lions Capital to execute an investment through an ADGM-domiciled fund structure facilitated via the Digital Investment Platform (DIP). NWM provided fund management services as an FSRA-regulated fund manager. The collaboration aims to provide Mashreq's high-net-worth and family office clients with institutional-quality access to pre-IPO opportunities and private markets within the ADGM regulatory framework.
• Red Lions CapitalcoreStrategic or Co-development Partner · 9 June 2026Research and technology firm Red Lions Capital collaborated with NWM and Mashreq on private markets investment infrastructure via an ADGM-domiciled fund structure. Red Lions Capital contributed research and technology capabilities to the digital investment platform.
• AllfundscoreTechnology or Integration · 9 June 2026Allfunds provided integration support for the Mashreq-NWM-Red Lions Capital private markets transaction, facilitating institutional-grade digital investment platform connectivity and fund administration integration within the ADGM regulatory framework.
• DSP Asset ManagersflagshipStrategic or Co-development PartnerDSP Asset Managers is one of India's oldest family-owned asset management firms, serving as the sponsor for DSP Funds PCC — a Public OEIC structured as a Protected Cell Company offering professional investors access to DSP's Indian equity strategies through an ADGM-regulated vehicle. DSP provides the investment strategy, India-market research, and track record; NWM is the regulated Management Company.
• Global Frontier CapitalflagshipStrategic or Co-development PartnerGlobal Frontier Capital (GFC) is the sponsor of the GFC Global Carbon Credit Development Fund — the first and only FSRA green-certified carbon credit fund in the ADGM. GFC brings origination and project-development capability across nature-based solutions, renewable energy, and sustainable agriculture in emerging markets. NWM structured the fund as a CEIC and secured FSRA green certification.
• Mina Properties & RasameelflagshipStrategic or Co-development PartnerMina Properties (a subsidiary of Kuwait's Rasameel Investment Company) and Rasameel serve as co-sponsors of Mina Residential REIT — one of the largest Shari'a-compliant residential REITs in the ADGM. NWM structured and manages the fund with oversight from an FSRA-registered Shari'a board. The combination of NWM's regulatory specialisation and the sponsors' real estate origination brings institutional quality real estate investment to professional investors.
• TabbyflagshipStrategic or Co-development PartnerTabby is MENA's highest-valued FinTech and the region's leading Buy-Now-Pay-Later platform, serving over 20 million shoppers and 40,000+ merchants across Saudi Arabia, UAE, Kuwait, Bahrain, and Qatar. Tabby is the sponsor of Tabby Capital Fund I — a private credit CEIC that originates and holds short-duration consumer and SME receivables from Tabby's BNPL transaction flow. NWM structures and manages the fund as the regulated Management Company.
• Allianz, Amundi, BlackRock, Goldman Sachs, HSBC, J.P. Morgan, Morgan Stanley, UBS, and 12 other institutional counterpartiesminorOthersNWM's CIO curates and synthesises full-year investment outlooks from the firm's institutional counterparty network for client-facing investment outlook publications. Sources include Goldman Sachs, J.P. Morgan (Asset Management and Private Bank), BlackRock, BNP Paribas, HSBC, Barclays, Standard Chartered, T. Rowe Price, UBS, Morgan Stanley, and others. These outlooks are compiled into NWM's annual and mid-year investment outlook publications.

Scale indicators5 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Apex Group: Global fund administration and ManCo services provider with extensive ADGM presence through acquisitions. Offers the full suite of fund hosting, ManCo, depositary, and administration services that NWM provides boutique-style, but at much larger scale and with template-driven product offerings — directly comparable as competing ManCo platforms for ADGM fund launches.
• IQ-EQ: Global investor services group providing ManCo, fund administration, AIFM, and private wealth structuring across multiple jurisdictions including the UAE. Directly comparable as a regulated ManCo platform targeting fund sponsors and UHNW clients, though operating at significantly larger scale than NWM with broader geographic footprint.
• Ocorian: Global provider of fund administration, ManCo, corporate, and fiduciary services with strong Middle East presence. Directly comparable as a competing ManCo-as-a-Service provider in ADGM and the wider GCC, serving fund sponsors and HNW clients with similar regulatory structuring capabilities.
• Trident Trust: Independent provider of fund administration, ManCo, corporate, and trust services with operations in the UAE and other major financial centres. Comparable to NWM as a ManCo platform serving alternative fund sponsors, though typically at larger scale with more standardised service offerings.
• Vistra: Global provider of fund administration, ManCo, corporate, and wealth services with significant Middle East operations. Comparable to NWM as a competing ManCo platform in the GCC, offering fund hosting and structuring services to international sponsors targeting the region.
• BlueBay Asset Management: Global fixed income and credit asset manager with prior institutional connections to NWM's CIO through his Fixed Income track record. Comparable as a broader alternative-credit platform that could compete for fixed-income fund hosting mandates in ADGM, though operating at much larger institutional scale.

Regional players

• Mashreq Private Banking: UAE-headquartered bank offering private banking and wealth management to HNW and UHNW clients. Direct collaboration partner of NWM (June 2026) for private markets access via DIP ICC, and a competitor for discretionary wealth mandates in the same GCC UHNW segment.
• First Abu Dhabi Bank Wealth Management: UAE's largest bank with a substantial wealth management franchise serving HNW and UHNW clients across the GCC. Comparable to NWM as a regional wealth manager, though operating at much larger scale and with broader product suite including in-house ManCo capabilities.
• Emirates NBD Wealth Management: Major UAE bank offering private banking, wealth management, and asset management services to HNW/UHNW clients regionally. Comparable to NWM as a competitor in the GCC wealth management segment with discretionary and advisory mandate capabilities.

Emerging players

• ADS Investment Solutions: Abu Dhabi-based investment management firm where NWM's CIO Ashish Marwah previously served as CIO before joining NWM in 2023. Directly comparable as a fellow ADGM-based asset manager operating in the GCC investment management space, with similar regional focus and product mix.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/neovision-wealth

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neovision Wealth Management