Wealth managers now offer emergency evacuations for ultra-rich clients amid global crises
Wealth managers are expanding their services beyond financial advice to include emergency evacuations and lifestyle support. Nearly a third now provide concierge-style assistance, with 58% catering to ultra-wealthy clients. Recent conflicts in the Middle East have pushed firms to organise urgent relocations for high-net-worth individuals.
Since US and Israeli strikes on Iran, firms like Cresset—managing over $237 billion in assets—have helped clients leave the United Arab Emirates. In one case, they secured seats on a private plane out of Dubai. The company has also arranged armed escorts and transport out of Israel during past conflicts, including the Russia-Ukraine war and attacks in the region.
Alpen Partners has assisted around 30 clients in leaving Dubai and Israel, with 80% of them being European. Their services extend to finding Swiss residences, schools, and housing for relocating families. Meanwhile, Global Guardian has evacuated over 4,200 people from the Middle East, with 40% of those extractions requested by family offices and wealth managers. These firms are increasingly relying on specialist concierge functions to stand out and justify their premium fees. While no public data tracks private evacuations of wealthy individuals, state-led efforts—such as China's evacuation of over 3,000 citizens from Iran—highlight the broader demand for secure exits.
The shift toward concierge and emergency services reflects a growing need among high-net-worth clients for rapid, discreet support during crises. As geopolitical tensions persist, wealth managers are positioning themselves as essential partners in both financial planning and personal security. This trend is likely to continue as firms compete to offer exclusive, high-touch solutions.
