Reply by Devere Group

deVere Group are proud to offer industry standard qualifications to all new recruits who train with us. This has been the driving force behind our continued global success resulting in 70,000 active clients around the world. The financial service industry is not suited to everyone as it requires long hours and hard work. But by working hard, being honest and offering sound impartial financial planning to clients, you can create a very rewarding career for yourself.
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Dubai, Dubai
1.8K views
8 comments

A young colleague has been invited to an interview with a recruiter from the DeVere Group in Dubai. Apparently they have a subsidiary recruitement company called Forefront Recruitment that handles the hiring.

The interview will be with one of the directors in Dubai and for a 'consultant'/sales role. Has anyone had any experience with this recruitment company that is hiring for DeVere? How to find out if these guys are legit and decent?

We have read up on alotof the negative reviews ad complaints about DeVere but would appreciate any info about this recruiter and from anyone who has been to an interview with them.

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London, England, United Kingdom #607573

To want to expose bad practice: send the link of this site and threads to everyone you know and ask them to keep sending forward...and just ask people to read and think twice before taking advise from anyone company listed in this site.

truthaboutdevere
#574433

Pay attention from the comments in this post.I worked for them in Brazil as their Area Manager and I paid an unbelievable price for my association with them: my career totally destroyed.

Clients who knew me and had immense appreciation for my work and even considered offering me jobs at their companies in different areas turned their back on me and all because slowly these people started to find out the background of deVere...who paid the price: Myself!deVere can get away with murder...possibly for the very first time they are feeling the heat with my pressure as I am posting the truth about them and reviewed my name to everyone...know it is no longer anonymous people writing but a very recent former Area Manager who witnessed who many clients and ex-clients were ignored after they run out of cash to invest, how they were advised to invest in some terrible funds and lost a lot of money...when you ask Nigel he says: there are not unhappy clients...and in my case, he would complete the sentence saying that I am lazy because I am a Brazilian as he did twice, verbally and in writing...and let´s not forget, threatened and intimidated me not to publish anything...

Anonymous
#516813

I used to work for them and have now moved on. I got some unbelievable sales training from them in Malta. So if you're unsure, then at least go to that and then decide. Yes the market is very very competitive and as a result the dropout rate is undoubtably as you say, very high. It's a hard hard job and very few can handle the stress and the high commission/low base salary side of it. But the financial rewards, as with any overseas based sales job, are fantastic and I have first hand experience of this. Many of my friends still work for them and love it. If you're already in Dubai then you're bound to know somebody who knows somebody who works for them. They're very well established over there. Find one and ask them yourself :)

With all due respect, websites like this, although sometimes useful, are often less informative than you would hope. If you pretty much type in any brand into the search it'll come back with some complaint somewhere by somebody.

At the end of the day, it's a very well paid profession and as such it definitely takes an exceptional person to be able to succeed at the job. If that's you, then great, if you're one of the very many that don't fit that profile, then it's not for you.

Good luck :)

Anonymous
#516250

Its not a basic salary.Some people get a 'retainer' due to laws in certain countries that forbid commission only.

You are self employed but devere pretend to the local authorities that you are employed.

Any earned income is simply deducted from future commissions.Switzerland is a good axample.

Anonymous
#516231

If Devere are as bad as you say why do they off a base salary now?

Anonymous
#510095

My advice would be not to do it.

They have a very high turnover of staff and run a constant recruitment programme in Malta where it is usual to see 12-15 people every week on the course.They need this many because 90% do not last much longer than 6 months.

The earnings are exaggerated to get people into the offices then reality strikes home.There is a film called boiler room watch it, and then consider is this what you want to do with your life.

MayHosie
#510076

I am quite surprised at all the negative experiences with this Group because I always thought it was an properly regulated, established company.

I will advise this young man to stay clear. I hope the UAE enforces stricter regulations for these 'companies' operating here.

Denver and Martin, appreciate the information!

Anonymous
#509948

Either way, if your young friend is considering taking a job with Devere in Dubai, or anywhere for that matter...do your very best to talk him out of it .It will end in tears.

And even if he ends up being a great salesman and is successful, it is done at great personal expense of other people. He will be trained to lie and cheat and embezzle money from clients, many of who will end up hating him.

That is my advice and it is based on bitter personal experience with Devere in Germany.KEEP AWAY FROM THEM

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