Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .


deVere Group: One third of new advisers in 2018 are re-hires


Re-hires make up nearly a third of all financial advisers who have this year joined deVere Group, one of the world’s largest independent financial advisory organisations, it has today been revealed.

New figures published by the firm show that 31 per cent of all its advisers taken on in 2018 across its global network of 70 offices have previously worked for the company.

Speaking on this unusual trend, James Green, deVere Group’s Divisional Manager for Western Europe, comments: “This year we’ve experienced a particularly high number of advisers re-joining our different teams across the world.

“Clearly, people originally decide to leave for a variety of reasons. However, it is usually the case that advisors leave with the perception that the ‘grass is greener’, only to find things aren’t as good as they were promised.

“They often find that the fees being charged to clients are much higher, that licenses are not as robust, and that back office systems are weak, in comparison to deVere.”

He continues: “It is always extremely disappointing when talented advisers who have been trained, mentored, given world-class support, resources, incentives and cutting edge technology, plus access for clients to the best suite of products and services from the world’s biggest financial institutions, decide to move on to other firms.

“But, that said, we are usually ready to welcome back the best financial advisers as the experience and expertise they bring benefits our clients as long as they left on good terms.

“This is especially true now more than ever as we seek to increase adviser numbers and further expand our global network of offices this year in order to meet ongoing and increasing client demand for our specialist financial advice.”

In a video on his YouTube channel earlier this week, Nigel Green, the founder and CEO of deVere Group, set out five key reasons why he believes people want to join his company.

These are training, mentoring, the opportunities, the firm’s well-established global presence and the security of working for a financial advisory giant.

He states in the short video: “A career with deVere can take you anywhere you want to go!”

For his part, James Green concludes: “It is always said by those who know that working in financial advice is incredibly tough.  This is absolutely true. But as those who leave typically find out, it is a considerably tougher industry when not working with deVere.”

Global Banking & Finance Review


Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post