Welcome to Devere Group Community
deVere Group, one of the world’s leading independent financial advisories, has a truly global presence. With offices in over 100 countries serving 80,000 clients worldwide, we endeavour to offer the very finest financial advice available. By teaming up with some of the world’s largest and most trusted investment firms, deVere Group offers clients honest and secure financial planning. We strive to protect and grow the wealth of all our clients worldwide, resulting in over 10 billion funds under administration. Our impeccable training programme ensures that our global consultants are fully qualified, making deVere Group one of the most regulated IFAs in the world.
Latest review first
Devere Group Aggressive Sales Tactics
deVere & Partners deVere, Inter Alliance International, PIC, Professional Investment Consultants scam, cold calling, aggressive, unregulated, liars. deVere and Partners and their cohorts around the world give shoddy service which will mean you'll stand almost no chance of making money nor their products working the way they should. The desperate advisors will try anything to get more commission. Its basically a boiler room. Stay well clear and just use someone else, there are plenty of decent companies. Your investments will get eaten up with their heinous charges therefore little or nothing comes back to you. They have been masquerading as genuine Financial Advisers for years, they are SALES PEOPLE, COMMISSION DRIVEN ANIMALS that have little or no respect for your investments. That's even if they know what investments are. Funny how they always tell you they will go away and research the market place yet they always come back with a long term savings Generali Plan. Their staff turnover is about 90% anyone who is decent leaves pretty quickly. They have engaged the services of various companies to consistently write so called good news (media machines), working 24/7 in a desperate bid to block out all the truth about their scams & unscrupulous sales operations globally. devere have been thrown out of many countries, fined, in some cases had staff locked up. They have a blatant disregard for any countries employment laws, company laws, immigration laws.
Devere Group in Maidenhead, England - Devere Promised All-Delivered Nothing
If you have purchased a product through this company can I strongly urge you to check the advise you were given by them with the PRODUCT PROVIDER. In particular please: Check the Terms & Conditions: Get a FULL copy from the provider. Check what fees you will be paying, how much they will be and over what period of time. Check you have been given ALL the documentation provided by the product provider. I didn't and was misinformed and misled. I believe that the information and documentation from my product providers that I should have been given was deliberately withheld from me so that only verbal advise was available from their financial advisors. This I believe is because it is so easily disputed. This has cost me dearly as the product they sold me is highly inappropriate to my needs and circumstances. This was despite me asking appropriate questions at the time which of course would have been answered in the literature that was withheld. They pray on your naivety and trustworthiness and have no conscience or integrity. Once they had my money I never heard from them again despite being told they would be in regular contact to manage my funds. I had to move the product to another financial advisor. This it turns out is because they predominantly sell products that pay them all commissions up front at higher rates. I have had no replies from several letters and emails to both the Hong Kong office or their HO in Switzerland. Conversations just seem to lead to more time wasting and falsehoods. Please be careful. Please don't take my word for it, check these out for yourself! http://devere-group.pissedconsumer.com/de-vere-partners-financial-planners-3a-warning-20100415178426.html http://www.mas.gov.sg/news_room/enforcement/2008/Inter_Alliance_International_Singapore_Pte_Ltd.html http://www.ripoffreport.com/Search/Company/deVere-Partners.aspx http://devere-group.pissedconsumer.com/de-vere-partners-financial-planners-3a-warning-20100415178426.html http://muscatconfidential.blogspot.com/2010/03/devere-oman-locally-somewhat-bent.html http://www.xpats.com/q-a/1.119622 http://www.canyoutrustthem.com/index.php?go=quick_search http://dubai.dubizzle.com/discuss/general-chat-fun/6725/ http://www.complaintsboard.com/complaints/de-vere-financial-services-scam-c453023.html http://www.moneyworks.ae/news_article.php?news_id=1478 http://www.complaintsboard.com/complaints/de-vere-financial-planners-c375687.html http://www.scaminformer.com/scam-report/de-vere-group-aka-nigel-green-lying-cheating-c20494.html http://www.merareview.com/54110/Misselling-of-financial-products.html
Devere Group in Maidenhead, England - Who Stole My Pension Devere
Search on YouTube- Who stole my pension. Panorama documentary about the offshore company devere Group. Remember Stanford Group - its all about appearances, impressing, flashy websites... They are a complete scam - the employees cannot even tell you the basics about the company - they seem to have such a high turnover . Taken from the experience of a potential client who was pestered so many times (by four different people in three months) to have a meeting, after having cancelled several times, he said he will get back when he has time. They wouldnt let loose, till he found a day and time for a replacemtn and in fact, in the end he got curious and went to see them . After all, the claim to be "the world's largest independent financial advisor" lol. "we have been around for 18 years" - website says founded in 2002... nothing like well-informed staff ;) "we have offices in 54 countries" - Website says over 40 countries "we are a financial adviser" - "we don't give financial advice, we are a broker" "we don't manage money, we give it to third parties" - website boasts 7 or 8 bn AuM - How are you remunerated? "Well, err when we do a good job for example for Deutsche or Morgan Stanley, who all work with us, we err, get thank you presents". - So you get kickbacks. "No, fees for doing a good job. (looking sheepish)" - But the others are doing the job, you are giving the money to manage - so why pay you? "We are brokers." "you don't pay us anything." Website says financial advisors. - Where is your Headoffice? "we moved back to the UK". (Not regulated in Switzerland - and would never get the approval of a proper regulator, only some SRO - which is not worth the paper its stamped on.) - Can I have an annual report? "we don't have an annual report." "We are a private company - founded by billionaire Nigel J. Green. Only he has the figures." - Who is he? How did he come into wealth?"He started as a financial advisor like me (looking sheepish again)" (thought they are brokers...) - How come I have never heard of the group? Has there been a name change? Nobody has ever heard of the group. But if you are so big and have so many clients, so many offices and so much staff, more people must have heard about you. "..." - Can I have a brochure? "We don't have any brochures - its all on the internet." - Can I have your business card? "I don't have any business cards right now" (we are at his offices and he has apparently been with the company two years). Office is basically empty, nobody really sitting and working, just lots of people moving around, clean, apart from some employees standing around and eyeing any prey, ahem visitor. Desks are empty and unsused. Looks all like a set-up job, will probably break up their tents and move out again soon - and change names. Does not look like a proper working environment. Very unpleasant athmosphere, the moment you step in. All eyes are on you. Meeting room is just a completely unprivate glass-box, like an aquarium. All staff are watching you whilst you are in there...like they are starved for a success...you literally feel they re going to pounce on you...they are desperate and hungry. They also create their own press releases... They hire graduates, unskilled sales people, preferrably people who know nothing about finance...
Devere Group - Devere & Partners Spencer Lodge Sued
Elton John's charity sues director of "˜world's largest' IFA over unpaid charity auction bid. Spencer (I'm a man of my word, not) Lodge, regional director at de Vere Group is being sued by The Elton John Aids Foundation for failing to honour a Â£700,000 bid made at a charity auction, according to media reports. Lodge, who is based in Dubai, signed a contract promising to pay the money to the foundation, according to reports in the Mirror Newspaper, but is yet to pay up more than a year after the event took place. Lodge made the bid, for a day out with John and his husband David Furnish, at the charity's White Tie and Tiara Ball in June 2010. Another bidder had already offered Â£650,000 for the prize, before Lodge made his higher bid. Just goes to show you what devere is made up of.
Devere Group in Dallas, Texas - Devere Directors Jump Sinking Ship-OMG!
OMG- Two high level Directors have resigned in nearly as many months. Simon Pratt (devere Regional Director) & Spencer Lodge (Middle East Regional Director).. Simon Pratt is currently on the run from Hong Kong Tax authorities Whilst Spencer Lodge has been named, shamed & publicly embarrassed. He is currently been sued by Elton John's AIDS charity because he failed to honer a $1,100,000 charity auction bid he made to spend the day with Elton and his partner David. The troubled CEO Nigel Green has a very checkered past himself with BBC's Panorama program hot of his heels (WHO STOLE MY PENSION, you tube). Devere Group/devere & Partners/PIC/Worldnet/Inter-Alliance/Providence Capital and many other dodgy trust & DIRECT SALES OPERATIONS that Nigel is behind are currently waiting for the inevitable fallout. Nigel Green, his loyal foot soldiers (Managers) are currently pushing a global recruitment drive in a last ditch attempt to fleece the unsuspecting expat exec/worker out of their life savings. Devere are attempting to open as many offices as they can globally, fill them up with gullible recruits from UK that they have fed *** and bull stories to of great wealth. Devere have a great looking website, a media machine which is well oiled, constantly spurting out good stories about devere to try to cover all the bad press which inevitably finds it's way on to the internet. The reason devere open so many offices is because it doesn't cost them a cent to do so. Initially the local Manager will pay key money open the office, all the office furniture will be leased unless already furnished. From this moment on the gullible recruits, so called consultants (sales staff) will pay for the privilege of working there. Generally this cost will be between $250-350.00 p/m. You pay for the heating, lighting, water, waste, paper, fax, electric, toilet roll, telephones. Devere do not take this from their operating cost because they don't have any. Devere are all geared up for profit, profit, profit at the customers expense (sales staff aren't excluded from this either). You would think that Devere might pass this on to their clients by way of discounted products-Oh no, in fact it's the total oppersite, they front load all their lump sum products with 4% charge whilst being paid approximately 6% by the Bank or institution. 10% gain. Devere will pay 1.5% to the consultant if he's lucky. For devere QROPS they will sell you a vehicle that costs you 1.75% for life of the plan plus quarterly charges. For funds generally they like to stick you in high risk funds that they get extra commissions on at 4.75%. They will also hold back a good % of your money to make sure you have enough to pay a few years charges. Once this is all set up you can expect to have your funds changed around every 6 months to earn more commissions for devere, this is called fund churning. devere are a GREEDY SALES ORG who have a complete disregard for customers & staff. They will be recruiting in an area near you so be warned-A good looking website, global offices, strategic alliances-What does it all mean? Gross mismanagement of your money, theft, lies, dishonorable people from the top right the way down to the bottom. All is not lost, there are much better companies to to business with, companies that will be honest, upfront. Companies that will have your interests as a priority, companies that can give you great products that aren't front loaded, fair charges & in many cases not for the life of the plan. If it's a company that Nigel Green & his cronies are behind stay well clear.
Devere Group - Devere qrops WARNING-WARNING-WARNING
devere Group, devere & Partners, PIC, Inter Alliance, Worldnet, Providence Capital & all the other dodgy companies devere are behind********* STAY WELL CLEAR******** If you would like to see your hard earned PENSION disappear quickly then do business with the sharks above. Your hard earned will plummet if they get their grubby little hands on it. My friend Had $450,000 when he encountered the devere shark pond, lucky for him he did his due diligence (google) and realized he'd had a very lucky escape. Providence Capital- 1.75% FOR LIFE (Rip off) ANOTHER CO-EIB = 1.2% FOR 8 YRS ONLY devere Structured Products- 4% Entry (Rip off) ANOTHER CO-Structured = NO CHARGE devere Valis Funds 4.75% (Rip off) ANOTHER CO-Funds = 2-3% DO YOU GET THE PICTURE**********************YES WE SEE*************************
DEVERE GROUP-TRUE MEASURE
There are plenty of complaints about this company, it's Directors, Managers & sales staff. Really funny how they go away to search the market place after a meeting but always come back with the same product? Front ended, massive charges, inflexible, highly likely driven by greedy commission hungry fat Managers. But don't believe me, go see for yourself or do your diligence through google & get the true measure. Parasites is a word that bests describes this bunch of *** artists, unfortunately they wont stop until they have sucked all the money from your bank account. Service? very little from my experience even non existent.
Devere Group - Devere Lies- Conmen- Fraudsters
I am a former client and took out an investment with deVere – a Generali Vision 20-year life insurance policy – having naively believed the information provided by the "independent financial adviser".He said exactly what I needed to hear to sign up. But I discovered afterwards that I had been misled. Misled about the nature of the investment (entirely unsuited to my needs), misled about deVere being an "independent financial advisory company" (not a sales organisation), misled about them searching the "whole market" (not a small group of expensive products) and misled about the supposed IFA's financial qualifications (he was a salesman with a flexible attitude to the truth). They do what they do very well, but it's not independent financial advice and it's not honest salesmanship… Stay well away from these parasites, my experience of devere isn't good. They have been thrown out of many countries for misbehaving, this seems to be a very common theme.
Devere Group - Inter-Alliance & Devere-1 of The Same
Kicked out of Singapore for operating without proper licences (same old story). In fact devere actually thrive in a number of countries where they don't need licences (this they prefer). Devere have been booted out of many different countries for unscrupulous/dodgy practices, one of their favorites is to scare you in to believing you need a very costly front end, over priced retirement plan, usually Generali vision product. This company are scammers of supersonic, intergalactic levels. They love to take the vulnerable, old, frail as documented in BBC Panorama program part 1 & part 2 (look up Nigel Green/devere BBC Panorama on You tube, see for yourself). This was another company that Nigel Green was in charge of. Do business with this company at your peril. You have been WARNED!
Devere Group - Devere USA-Director Does A Runner From HK Tax Inspectors
The deVere Group has opened an office in New York City. The company said the new office will mark the 17th office it has opened worldwide in the last two years, and its second in the United States, unfortunately devere Director Simon Pratt was nowhere to be seen. He had to get on his toes because he's being chased by Hong Kong Tax Authorities. Speaking via SAT PHONE from some where in the remote out-back Regional director, Simon Pratt said: "I am proud to announce the opening of deVere New York. This latest addition proves that the deVere Group is indeed successful in squeezing every last drop of cash out of the elderly and frail. New York has massive potential (lots of old expats) and we are very excited to have the opportunity to expand to NYC." deVere now has more than 60 boiler rooms worldwide and the group said, with over a million British expatriates and international investors losing money every day we feel great cos it's all coming our way, the USA is a "natural market for deVere Group's progression".
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