deVere Group reviews

3.6

76% would recommend to a friend

(983 total reviews)
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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
Jul 15, 2016

An awful firm to work for

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

The training before joining was good

Cons

It's an awful company to work for. The pay was dreadful. The job description was for a Financial Advisor but it was simply a cold calling job. You had to bring your own computer, pay for any work done by unpaid graduates and suffer some very poor management. Sales meetings consisted of long boring speeches by a very boastful sales manager who told you several times a week how much he was earning, and what tacky things he wasted his money on. Targets were like a weird religion to them. Having listened to how many sales he made in his first 8 weeks I beat that in 5 weeks as I knew people in the local market. Fortunately I'd walked out by then (as had 25% of the office!), so I gave the business to one of their local competitors. They seemed to have no respect for professional qualification and got around UK regulations by basing themselves overseas. Restrictions on who you could contact meant only the managers could contact potential clients that might have any interest in their products (leading to more boasting about how wonderful they were and how awful everyone else in the office was). Many local expats had little time for them and had banned their cold calling (understandably as it took place during their working days). Basically it really is a firm to avoid.

5.0
Jan 11, 2016
Recommend
CEO approval
Business Outlook

Pros

I have been working with DeVere Group now for just less than 2 years and was part of the graduate programme. I first started my training in Malta, with everything paid for (flights, accommodation) and a base salary before I was put into the field. The training in Malta was excellent, the management have one-to-one training and you are able to gain insight from the CEO Nigel Green himself who is an inspiring individual. DeVere also aid you in passing level 1 of CISI (The Chartered Institute for Securities & Investment), they pay for your exam and provide study aids throughout the Malta training course. After Malta I was sent to Shanghai to continue my training and work one-on-one with a consultant. This involved para-planning, dealing with existing clients, learning about financial solutions and passing my level 3 CISI. I have now been a fully qualified wealth advisor for a year and the opportunity is like no other. I now have associates working under me who I train, while expanding my client base in Shanghai. The role has a massive learning curve and is not for the faint-hearted as the hours are long but extremely rewarding. DeVere Group provides you with all the tools you need to become a successful advisor, and the reason people fail is that they do not have the determination, hunger for success or positive attitude that you need. I would recommend this role for any graduate that is looking for a fast-track to success in the world's largest independent consultancy that has the right mental attitude!

Cons

This role is not easy, they are certain requirements expected by DeVere graduates; positive attitude, dynamic fast paced learning, hunger for success. I am positive that no other multi-national company can provide you with the training, tools and opportunity that DeVere does but please do not expect it to be easy!

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deVere Group Response
10y
Thank you for your review. We are pleased to hear that you are enjoying your career with deVere Group and we hope that you continue to enjoy your career with us for many years to come.
1.0
Apr 12, 2023
Recommend
CEO approval
Business Outlook

Pros

There are genuinely no good things I can say about the management / training / experience/ work life balance, environment/ company culture - however - you can have unlimited use of the fruit bowl - can use the water dispenser whenever which is great to use in countries where you can't drink tap water - Get to explore another country (could just go on holiday!)

Cons

Have been thinking whether to do this review or not and have decided to as fresh grads need to see this and not even think about working for this company DO NOT FALL FOR THE DREAM THAT THEY SELL YOU TRUST THE REVIEWS THAT ARE ALREADY ON HERE -there are enough awful reviews on here, I didn't believe them and I wish I had, a horrific experience of how a company shouldn't be ran The recruiters will sell you a dream and glow it up to be this fantastic opportunity - its not - its a complete pyramid scheme and you are set up to fail Absolutely zero work life balance you will work 12+ hr days when you are contracted 8:30-5:30. If you turn up at 8:30 you will get fired, they can do this because the contract is heavily weighted in their favor - they can fire you on the spot. They mention 10% of the contract and leave out the most important info that would most definitely steer you away The company provides you with as much support as a chair with 3 legs, you will end up loosing money with this company Different rules and procedures for different days of the week - a complete lack of consistency. You will get told the 'training is unparalleled' - they are correct unparalleled in the sense its so catastrophic its nothing like how other successful companies run their training Employee retention is similar to that of trying to fill up a sieve with water If you are a recent grad - please please please take on board what you are reading on this review website - I didn't have to do this but I don't want others to experience this train crash of a company - go and join an actual 'grad scheme' where you are valued, you CV is actually looked at and your not going to be treated like the scum of the earth I could write 3/4 pages on how poor this company is but hopefully you get the picture, don't get me started on the management I have nothing good to say about this company.

Viewing 58 - 60 of 983 Reviews

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