deVere Group reviews

3.6

76% would recommend to a friend

(983 total reviews)
avatar

Nigel Green

85% approve of CEO

81% positive business outlook

deVere Group has an employee rating of 3.6 out of 5 stars, based on 983 company reviews on Glassdoor which indicates that most employees have a good working experience there. The deVere Group employee rating is in line with the average (within 1 standard deviation) for employers within the Finanza industry (3.7 stars).

Reviews by job title

983 reviews
1.0
Mar 22, 2015

Extreme Care.CEO Nigel Green fraudster.

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

If you have no morals whatsoever DeVere will want you.

Cons

CEO selling own investment funds, then suspended. Serious con. Look at Daily mail reports and Watchdog UK

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deVere Group Response
10y
We are disappointed that your experience at deVere Group wasn't a success. Finding the path forward in a new business can be very demanding. Good luck in your next adventure.
1.0
Aug 5, 2018
Recommend
CEO approval
Business Outlook

Pros

Apply if you want to travel a little but you will burn through your savings to relocate and because they place you on a draw. If you apply you will get through, they take everyone since so many people quit so at least it's an easy process. Some people will make commissions, this could earn you an average amount within the first year. These people are in the minority, a number of factors out of your control will effect it. You will have fun on training, its basically a boozy holiday with a bunch of other 21 year olds. There is no actual training though, we were forced onto the phones to recruit other people for the course.

Cons

This is neither a graduate course nor a finance role. It is entirely sales. You will dredge through LinkedIn to find prospects then cold call 100 of them a day, everyday. There is no personal development, financial training or knowledge. You advise clients to transfer their UK pensions or save. But there is no thought to suitability for clients hence the trouble the firm has been in around the world. Do a quick search for "devere group" then either "fines" or "suspended" or "complaints" before you apply. There is a striking lack of ethics at the company. You will be placed on a draw so you will earn no immediate income apart from in one or two select locations. Even in these locations, salary is below the living salary. You will require significant savings and be prepared to burn through this. There is very little assistance when relocating abroad. They recruit 50 people anticipating many will leave. Including myself, there are 5 people left from my course of about 30. They tell you these people leave because they could not put the hard work in whereas the truth is the work is basic and monotonous. You are essentially a glorified secretary. As an example, some people doing the job were floor fitters back in the UK, which there's nothing wrong with but just don't go expecting a tough graduate course that will develop your financial knowledge. They will actively lie about how much they will pay and what your role in the field will be. Personally, I felt scammed when I arrived in the field. We were not paid the promised amount after the training course and certain expenses we were told would be covered in the field were not covered when we arrived. The salary listed online of up to 40k or 80k is simply a lie. Certain places will give you 27k GBP or lower, then you may get commissions but almost every office you work in has employees on a draw. During the training they scrape your LinkedIn and send recruitment messages to your connections whilst mentioning your name . They ask your permission but you are pushed into doing this. Be aware that moving to a new finance role after is challenging because the company is not viewed very highly by others in the industry. I would never recommend this role to another graduate.

1.0
Jul 19, 2018

Avoid by all means!

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

There are no pros. You are constantly told that through your hard work you can succeed but all lies. Before accepting employment you are not told the company pays for your exams. All lies they pay for the first one and the rest have to be covered by you. If you are naive enough to believe that then you may believe that they actually pay for your first 2 weeks accomodation.

Cons

Perfect job if you are looking to join a pyramid scheme. If you want to be stuck in a foreign country on the same salary as a delivery driver in the UK this is the scheme for you. NOT TO MENTION THE LEVEL OF SEXISM! Honestly, even Trump would be outraged by some of the open comments made at my office. Oh and if the company was as good as we are told then why do you spend all day cold calling? Surely, customers would be fighting to invest their money.

Viewing 34 - 36 of 983 Reviews

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