Vault, a global digital wealth management and advisory platform, has announced its expansion into Saudi Arabia following the approval of the Capital Market Authority (CMA) to provide advisory services. The company has also appointed Abdulrahman Al-Sudairi as General Manager for its operations in the Kingdom.
This expansion reflects Vault’s strategy to strengthen its presence in one of the fastest-growing wealth management markets in the region.
Targeting an Underserved Investor Segment
Vault is focused on serving investors with investable assets ranging from $1 million to $10 million, a segment that is often underserved by retail investment platforms and not fully prioritized by traditional private banks, which typically focus on ultra-high-net-worth clients.
The company aims to bridge this gap by offering tailored, goal-based advisory solutions.
Data-Driven, Goal-Based Advisory Model
Vault introduces a data-driven investment model in Saudi Arabia, aligned with financial goals and long-term planning strategies.
The Saudi wealth market is undergoing significant structural transformation, with investable wealth estimated at $1.04 trillion and projected to reach $1.31 trillion by 2029, driven by a young, digitally active investor base.
Shift Toward Digital Wealth Solutions
The market is witnessing a clear shift away from traditional asset allocations such as cash and real estate, alongside reduced reliance on pension-based planning.
Vault aims to capitalize on this shift by providing digital-first investment solutions tailored to evolving investor behavior in the Kingdom.
Diversified and Sharia-Compliant Investment Philosophy
Vault’s investment framework follows a globally diversified and Sharia-compliant approach, structured as follows:
- 45% in low-cost, globally diversified ETFs
- 30% in satellite allocations including thematic and private market investments
- 20% in SmartCash liquidity solutions
This structure is designed to balance growth, diversification, and liquidity while aligning with client risk profiles.
Local Leadership Driving Expansion
Sami Abdulhadi, Co-Founder and COO of Vault, stated that Saudi Arabia represents one of the company’s most significant growth opportunities, highlighting the role of technology in enabling broader access to global markets.
Abdulrahman Al-Sudairi emphasized that the focus will be on delivering personalized advisory services that support long-term wealth building through retirement, education, and major life planning.
Strong Growth in Client Assets and Accounts
Vault has recorded strong performance metrics, with client portfolios growing by 20% over the past 12 months and total accounts increasing by 160% year-on-year.
The number of accounts exceeding $1 million in assets has also doubled annually, reflecting growing trust in the platform’s advisory model.
Expanding Access to Private Markets
Private markets remain an underutilized asset class in Saudi Arabia due to complexity and limited access.
Vault aims to simplify access by integrating private market investments into structured, goal-based portfolios, enabling investors to diversify more effectively.
Global Expansion Backed by Leading Investors
Founded in 2023 by Bilal Abu Diab and Sami Abdulhadi, Vault is backed by global investors including Outliers VC and Peak XV (formerly Sequoia Capital India & SEA).
The company currently serves clients in more than 20 countries and continues to expand its global footprint.
