The organisation, one of the largest independent advisory companies in the world, said hitting $10bn represented a year-on-year growth of $1bn and that its client base had also grown by 10,000 over the last 12 months to reach the 80,000 it hit at the end of 2013.
DeVere Group’s chief operating officer, Beverley Yeomans, said: “2013 was a fantastic year for deVere, we expanded into new territories and acquired some of the world’s most respected firms. Our trusted financial advisers based in over 70 offices worldwide, have helped deVere to secure 11 consecutive years of growth.
“2014 looks set to be another successful year for deVere as we continue to recruit and train the best to ensure that thousands of people across the world can achieve and even exceed their financial goals.”
Yeomans added that deVere’s growth was also reflective of the “wider increasing sense of public confidence in the financial services sector”.
The growth is also reflective of the acquisitions made by the company during the past year. Notable acquisitions were Broadgate Investment Advisory Services in Thailand, Elite Investment Group in Shanghai and Precision Group Asia in Hong Kong and Acuma in the Middle East.
In order to support further growth during the coming year, deVere announced last month it is to expand its administration hub in Malta by 30%.
