new devere technology will help
The deVere Group has unveiled a new computerised system it says will help its advisers to customise insurance, investments and pension plans to fit their clients, wherever in the world they live.
The deVere Group has unveiled a new computerised system it says will help its advisers to customise insurance, investments and pension plans to fit their clients, wherever in the world they live.
The deVere Group, which claims to be the largest advisory company in the world, is now also laying claim to be the world’s most regulated brokerage, after the US federal regulator approved the organisation’s investment adviser licence.
The deVere Group today said it had put together an “executive committee” for its European operations, as part of a corporate effort to “raise standards throughout the region”.
DeVere Group’s chief executive Nigel Green has heavily criticised the American government’s Foreign Account Tax Compliance Act in an interview with a US based news organisation.
The chief executive of deVere Group, which claims to be the world’s largest IFA company in the world, has posted a video on YouTube discussing negative blogs.
The deVere Group plans to open its first office in the Cayman Islands within days, and will aim to staff it initially with around “four to six advisers”, according to chief executive Nigel Green.
Gross turnover at the deVere Group increased by more than 20% in the first quarter of this year compared to the same period last year, with profit increasing by more than 300%.
The deVere Group has ceased to be regulated by Belgium's Financial Services and Markets Authority, as of the end of March, and today announced a reorganisation of its European operations.
The deVere Group, which is entering its eleventh year in business, is launching what it said will be a “comprehensive, six-month strategic review” of its global operations.
J.P. Morgan has released details of its Fusion Fund range to be run by ex-Henderson director of multi-asset, Tony Lanning, and confirmed that deVere Group will be introducing their worldwide clients to the funds.
Fund Advisers Europe, a Luxembourg-based advisory firm whose two principals worked for industry giant deVere at earlier points in their careers, is looking to expand into the Gulf, and has hired well-known ex-deVere exec Spencer Lodge to head up its new Dubai office.
DeVere Group, which claims to be the biggest financial advisory company in the world with offices in more than 100 countries, said it has seen an increase of more than a third in the number of QROPS cases its advisers conducted last year.