Dubai, United Arab Emirates Dec 28, 2022 (Issuewire.com) - In a bid to help more people in the Middle East learn how to build wealth with confidence, Dubai-based digital wealth advisor Sarwa has committed itself to educate a new generation of investors by providing them with the tools and resources they need to become smart long-term stock market participants.
By teaching investors how to safely buy US stocks in the UAE and equipping them with the timeless principles of successful investing, Sarwa has opened a tested and trusted path to wealth building that many UAE-based investors have now come to embrace.
Today, Sarwa offers numerous investment tools, including automated ETF investing for passive investors, a stock trading app, and access to trade over 10 cryptocurrencies. Since the pandemic began in early 2020, Sarwa has grown its investment platform from just 10,000 users to over 100,000 as of the end of 2022. Sarwa believes this success is due to the personalization it offers investors, which is key to building confidence with people investing for the first time.
Sarwa wealth advisors use the Nobel-prize-winning Modern Portfolio Theory (MPT) to create low-cost investment portfolios of exchange-traded funds (ETFs) and index funds that match the risk tolerance and time horizon of investors while being personally designed to help them achieve their unique investment goals. Sarwa also launched Sarwa Trade in November 2021 for investors who prefer to create their own portfolios instead of subscribing to one that Sarwa creates based on MPT.
Today, Sarwa does not just provide tools for investors; it also seeks to consistently educate them about the timeless principles of successful investing. The four most crucial principles are goal-based investing, systematic investing, long-term investing, and diversification. In particular, when it comes to new investors, setting up SMART (specific, measurable, achievable, relevant, and time-bound) goals is an important first lesson.
Sarwa also aims to educate about the importance of changing your mindset to think for the long-term, which can be helped by building a systematic investment plan (SIP) that automates monthly investments and portfolio rebalancing, both of which are offered as part of the Sarwa platform.
Due to this focus on the continuous education of users, Sarwa was among the fintech companies in the Middle East that most prospered during the pandemic. In Q1, 2020, Sarwa grew its assets under management (AUM) by 100% and its new account openings by 80%. A month later (in April), it tripled its AUM.
All in all, Sarwa's business grew by more than five times in 2020. “This was a testimony to how retail investors reacted. They were resilient and either stayed the course or doubled down on their investment,” said Mark Chahwan, co-founder and chief executive of Sarwa.
Sarwa is currently well-established in the UAE and was recently named on the Forbes Middle East Top 25 Fintech Companies list. But the company is making moves to build a stronger presence in other parts of the region. Going forward, Sarwa aims to provide more investors in the Middle East with access to the US stock market through low-cost and high-quality investment tools, all while equipping them with the educational resources they need to confidently build wealth and achieve their financial dreams.
Media Contact
Sarwa *****@sarwa.co
