Avoid. - Wealth Manager deVere Group Employee Review

1.0
Apr 30, 2020
Recommend
CEO approval
Business outlook

Pros

-Being able to live abroad and granted an exposure to that. -Developing an unparalleled work ethic.

Cons

-Commission only sales role. No basic salary, instead it's a retainer based system that sees early commissions wiped out until your "debt" to the company has been settled. -Realistically takes over a year to get up and running unless handed deals and clients to close because other Advisers have left. -The company uniform. Looking like a knock off Wolf of Wall Street tribute in the office each day. Many guys in the office looking like their wardrobe was furnished by George from Asda thinking they look like Patrick Bateman from American Psycho. -Dated sales environment built exclusively around the art of Cold Calling. The company wouldn't effectively allocate resources into marketing and advertising schemes to target clients. Instead dedicated calling sessions to get through to people who've been called dozens of times before. -An appalling reputation within the industry for a mismanagement of clients and prospective clients alike. -Setting up a fund management service to entice clients with better returns and lower fees. Instead it's an LLP in which the Senior Manager's for each region are listed as Directors on Companies House in the UK.

Explore other reviews about deVere Group

5.0
Jun 8, 2026
Recommend
CEO approval
Business outlook

Pros

Elite, intense focus on training & development Locations Culture

Cons

Period of grind is intense before results come rolling in

1.0
May 2, 2026
Recommend
CEO approval
Business outlook

Pros

I dont think there are any

Cons

Awful leadership, pay etc etc

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