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
Sep 15, 2015
Recommend
CEO approval
Business Outlook

Pros

They are really good at Bulshit! Masters of it.

Cons

They treat their clients and employees equaly badly. Excessive charges on products that go straight to the pocket of the top management and Nigel Green. Just google Devere UAE review to see the extent of the damages they have caused to clients. Don't believe the lies of the recruiters on the amount of money new employees make. The truth is that 70% of new starters give up after 2 months, and after a year the figure is up to 90%.

avatar
deVere Group Response
10y
This is clearly not a genuine comment from a current employee of deVere-Group.
2.0
Dec 1, 2018
Recommend
CEO approval
Business Outlook

Pros

There is opportunity to grow but keep in mind its not ever going to be in the time frame of "6-12 months" as they preach. Most BDM's will work for around 3 years to become a financial advisor.

Cons

There's no basic salary, only retention when your a BDM which builds up as debt. I'ts a pyramid scheme. The company does not care about you. There are no benefits. You dont have the luxury of going wherever you as in the end they do choose for you. They will make you try and recruit 50-60 year olds in the training for 3 weeks non stop from CV's that were bought 7 years ago. It's a business inside a business. They use you for advertisement in training to add 100 linkedin connections each day and also make you post stuff that will market their business. Once you become a FA You will have to use linkedin to get all your leads. It's a call centre job. My recruiter lied to me and told me i would be getting 1200 a month basic salary + half my rent up to 900 paid for + travel expanses and NONE OF THIS WAS TRUE I also decided to leave the training early after i realised that my recruiter was actually just a sales man, my roommates the day after were than brought into the office and told them that if i didn't leave the apartment that day they would be kicked off the course so I was left without a place to stay for 4 nights. All in all, it's a corrupt company with a even more corrupt CEO. Also the webinars with the ceo are not live. you could literally attend the same one every day if you wanted I know this as i was trying to recruit people during training. I advise that you seriously think twice about going for this job.

1.0
May 30, 2017

scam operation

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

High profit rewards for scamming customers on international long term saving plans with high undeclared fees and high undeclared surrender values.

Cons

Devere Group and Nigel Green basically run a global boiler room operation on a massive scale. Fact is most clients loose the majority of their investment because the company forces its staff to withhold key information about the products they SELL. Devere are not financial advisors. They are just the middle man selling very very expensive insurance products on behalf of large international firms such as Zurich Life but dress this up as some fancy expat investment product.

Viewing 61 - 63 of 983 Reviews

Glassdoor has 1,078 deVere Group reviews submitted anonymously by deVere Group employees. Read employee reviews and ratings on Glassdoor to decide if deVere Group is right for you.