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
4.0
Feb 15, 2016

Malta Training Scheme

Anonymous employee
Recommend
CEO approval
Business Outlook

Pros

Pushes you Hands on In-depth training

Cons

Long Hours intense working environment

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deVere Group Response
10y
thank you for your review, we hope you continue to enjoy your career with us
4.0
Feb 15, 2016
Recommend
CEO approval
Business Outlook

Pros

Without out a doubt it would be the people. Your fellow grads and the wealth of experience in the office. As you endure early morning after early morning, often arriving in the office in the dark and leaving in the dark the on thing that gets you through is the camaraderie. You have a great laugh and the competitive edge keeps a buzz going in the office. As for the learning opportunities, the Malta office is home to some of deVere's top people. A fountain of knowledge which will satisfy your thirst for learning.

Cons

You will have bad days without a doubt. You spirit will be crushed on multiple occasions but its all part of the process and you wouldn't have been chosen to be there in the first place if you didn't have the mental energy to pull through. You have to give up any notion of free time, this scheme has no weekends off and you will find yourself sat at your kitchen table working as soon as you get home in the evening.

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deVere Group Response
10y
Thank you for your Review, we hope that you continue to love your career for deVere for many years to come. Your comments have been noted and will be passed along.
1.0
Feb 14, 2016
Recommend
CEO approval
Business Outlook

Pros

Good opportunity to earn lots of money, but you've got to think differently from everyone else who's trodden the well worn path of failure before you. The training course in Malta is quite good fun

Cons

Where to begin? Here are my top 10 1. Commission only for the 1st 3-month probation period, but you don't find that out until after the training course 2. COLD CALLING: If you aren't comfortable with calling strangers who are generally too busy to speak with you, or trying to get past receptionists who are well practiced at bouncing phone sales techniques, avoid de Vere completely and save yourself the discomfort. 3. Virtually no support to get you started, you're on your own. When you do get a coordinator you have to pay them to support you, on top of all the other expenses you've already incurred to get started. 4. Expenses: You need to pay for all your own flights, accommodation and living expenses from any savings pot you may have already built up. If you're prepared to risk £5-10k to see what's possible, then you're probably OK. 5. Everyone for themselves! Established consultants (in Switzerland at least) don't share their referrals. Those that have been successful will get more referrals than they can possibly handle. Rather than sharing them with new starters, the normal behaviour is to hang on to them. Not good team players 6. Useless information: The ongoing training assumes that you've already got a portfolio and can put that information to good use. Not in any way useful for new starters that need help building their portfolio. 7. Rubbish local managers. I can only speak for de Vere Switzerland, where the two country/area managers spent more time back slapping each other and presenting themselves with achievement awards than managing and developing people. 8. Unrealistic target setting: Shout outs each Monday morning of what business you thought you could pursue were always challenged upwards which made them unachievable. 9. Pedantry: To be 'told off' for getting in to the office 4 minutes later than normal (while not actually missing anything important) was not only highly annoying, but missed the bigger picture mentioned in points 1 - 8 above 10. Negative press: de Vere Switzerland is widely reviled by people who are utterly fed up with being pestered by successive calls from different consultants trying to break through. If you're going to pick a country in which to work, go somewhere the negative press hasn't built up.

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deVere Group Response
10y
Thank you for your review. We are disappointed that your experience at deVere Group wasn't a success. Working in financial services isn’t for everyone , but for those who work hard and offer sound financial advice, it can be a very rewarding career. Good luck in your next adventure.
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