Reply by Devere Group

The opportunity we offer to aspiring wealth consultants is tough but ultimately rewarding. Our comprehensive training programme ensures that all our advisers are fully qualified with internationally recognised qualifications. Our advisers are continuously developed to make sure that they are kept abreast of new financial opportunities that may benefit our clients.
Author's
Bangkok, Krung Thep
6.2K views
29 comments

I worked for Devere (financial 'co-ordinator').Essentially the office consists of people from Skegness who used to work in 2nd hand car sales or something equally unqualified.

They promise you the world when you get a job with them. In reality you sit in an office full of arrogant *** and have to call companies claiming to be from 'expat magazine' or something equally as ridiculous in an attempt to source names to then cold call and pitch financial services products to. Names are either sourced this way or Via linked in. Either way you are given no training on products or services.

Simply pressured into 'selling' by under qualified managers. Toby Williams is one of the area managers, he screws expats over then uses the money to spend on projects like his latest - 'The mansion' bangkok nightclub. The others invest in 'Levels' on Soi 11. Invest with them if you wish, just remember the fees are ridiculous and the 'consultants' don't have a clue what they're talking about.

If you're *** enough to say yes then I wish you the best of luck, you're better off buying lottery tickets though.

I would advise you don't invest with them, and if you are tempted by a job offer from them, don't bother.Unless you're from skegness of course...

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Anonymous
Bangkok, Krung Thep, Thailand #941227

Anyone hear of Bernie Madoff, ripped off his friends & investors in billions, gotta do your due diligence before giving your money to complete strangers. Go with recommendations from your most trusted friends/relatives but also check past history/performance.

Don't trust anyone with your hard earned money unless you are 100% sure and even then, don't go all in until promised/expected results materialize.

Anonymous
to James Bangkok, Krung Thep, Thailand #971954

I totally agree James. Great point made there :)

Anonymous
Bangkok, Krung Thep, Thailand #939726

Apparently they have beeen closed down for 6 months....something to do with regulations and apparently all the **** scam artists are now worried lol

Anonymous
to Anonymous #940276

i heard Toby Williams was arrested in UK for stealing old ladies washing off their laundry line??

Anonymous
to Anonymous Bangkok, Krung Thep, Thailand #941787

Buddy of mine today also told me the same.They must have closed down like you said with the regulators and also he was saying they may come up with a company name.

Not sure if so but yeah hope those *** faces leave and also stop scamming people.We work too hard for our money don't let it go

Anonymous
#850503

The Thai SEC has published an Investor Alert about deVere in Thailand.deVere Group" and "deVere & Partners (Thailand) Limited" and the website "www.devere-group.com" are all specifically listed by the Thai SEC, with this text:

"Investor Alert - In response to a number of tips and complaints about fraudulent solicitation of unauthorized securities and derivative business by which many of investors has been victimized, the SEC wishes to notify that legitimate businesses are required to receive license to undertake securities business or registered as securities business under the Securities and Exchange Act of 1992 and derivatives business under the Derivatives Act of 2003.

List of licensed business can be found at

To provide investors with information useful for making prudent decision before using investment services, the SEC has prepared a list of unlicensed or unregistered business from the traces and complaints received from investors and will keep the list update. In some cases, the name of unlicensed business may bear resemblance or possess similarity to one another; however, they may be or may be not related.

If you have enquiries about investment in securities and derivatives products or related services, please feel free to contact the SEC at 0 2263 6000 or complain@sec.or.th.In case of investment that likely to be a fraud or embezzlement with characteristics similar to Ponzi scheme and loan shark, investors may contact or...

Here's the link to the Thai SEC's website: http://market.sec.or.th/public/idisc/InvestorAlert.aspx?lang=en&reportcode=PP07&table=T01

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Anonymous
to Thai SEC Investor Alert deVere #888887

What a b***** made up post...I have heard the original author of the full comment "I worked for deVere" was fired because he was useless and can't even keep a job for more than a few months. Regarding the SEC website what a load of old nonsense I checked it out there's nothing there. I am a client of theirs as of one year and I'm happy and making money (although lost some recently) but that's the investment game.

Anonymous
to Trev1966 #892904

Trev1966 You obviously did not check the link, or you are lying.Or perhaps you work for deVere or are paid by them to write such rubbish?

Why not call the Thai SEC directly if you have some doubt?

deVere is operating illegally in Thailand.No question about that!

Anonymous
#845103

How about a gourmet dinner with some interesting financial opportunities on the side?

deVere Group Thailand is happy to invite you to an exclusive dinner at the award-winning restaurant Enoteca Italiana in Sukhumvit soi 27.The event is complimentary so this is a perfect opportunity to speak to the best in the industry regarding any aspects of finance and your long term financial prosperity.

The invitation is for two people so this is also a good opportunity to bring along any friend or colleague you believe may benefit from such information.

The moderator for the evening is Dr.

Richard Johnsson of the deVere Group in Thailand who will be accompanied by Mr. Idris Asghar and Mr. David Dunn.

Welcome!

RSVP: Register now by sending an email to arjun.bapat@devere-group.com no later than July 30th.

Name and mobile number required. NB! Limited number of seats, so register today. The Team About Dr.

Johnsson Richard received a Ph.D. in economics from Uppsala University in Sweden, but has also studied at Sydney U, Innsbruck U and Oxford U. He has spent the last decade in the wealth management industry in client facing roles, as a CEO in China and as a private banking executive in Sweden. Richard lives in Bangkok with his wife Jessica and three sons, Dante, Hector and Leon.

You can see his LinkedIn profile at http://th.linkedin.com/in/richardjohnsson. About Idris Idris has been in the finance industry for the...

You can see his LinkedIn profile at http://th.linkedin.com/in/idrisasghar About David David has a background as a Professional Engineer and has worked for Fortune 500 companies in North America. He has assisted individuals in personal finance and investing for over 20 years. He joined the deVere Group in 2013 to continue to help people grow their personal wealth and reach their financial goals. He is currently taking on new clients.

David lives in Bangkok with his wife Elaine and has 4 daughters, Aria, Mairi, Hannah and Julia.You can see his LinkedIn profile at http://th.linkedin.com/in/daviddunnpeng Kind Regards, Arjun Bapat BA (Hons), ACSI Financial Coordinator, Mob: +66 88 504 1194 / Tel: +66 2260 6830-36 | Fax: +66 2260 6837

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Anonymous
Bangkok, Krung Thep, Thailand #842263

James the guy who you will meet as Dr is Richard Johnsson.Swedish guy.

He is a very lovely and also honest guy. He knows his finances very very well and one of the best advisors I have seen. Go see him and see how you feel.

But others than that the rest are a bunch of *** and *** mans.Stick with Richard and let me know how your meeting went.

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