Devere Group's reply to:
Devere Group - Former deVere Employee now working for a reputable IFA in Zurich.
deVere Group Zurich/ Global is nothing more than a pump and dump brokerage (Selling risky structured products, Front loaded Insurance policies, Dodgy pension transfer schemes. The cream on top however is options in funds sold to clients such as UAM which were part owned by Nigel Green until it came to light) deVeres motto globally should be "We treat our clients & our staff equally like ***!"
The Zurich office is supposed to be managed by a fellow called Stuart Holmes who has little interest in managing the office. He is useless at developing the Junior staff as he makes false promises & holds back allowances, the Junior staff are supposed to get towards their accommodation etc.
In the year 2012 -2013 the Zurich offices had ten Junior Staff, now only two remain as the others saw sense and left after been bullshitted one to many times. Out of a senior staff of eleven people four have left. This brokerage has a higher turnover of staff then that of a temp office. No doubt more will leave in the coming months as well.
Do yourself a favor and stay away from this company the staff are not qualified to give any of the advice that they pedal and deVere are in no way independent they work with a select number of companies who pay them high commission to sell their products. Most of the staff hired by deVere do not even come from financial backgrounds their only knowledge of finance is from CNBC that they have on 24/7 in their offices!
Monetary Loss: $1000.