deVere Group

  www.devere-group.com
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deVere Group Reviews

Updated July 17, 2014
Updated July 17, 2014
21 Reviews

2.8
21 Reviews
Rating Trends

Recommend to a friend
Approve of CEO
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Nigel Green
16 Ratings

Employee Reviews

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  1.  

    Fantastic Opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    Opportunity to help clients realize long term goals. Great group of colleagues.

    Cons

    The company is headquartered outside the US, often resulting in some additional administrative headaches.

    Advice to ManagementAdvice

    At the country level, management is fantastic.

    Recommends
    Positive Outlook
  2. 1 person found this helpful  

    Badly ran terrible to staff, poor culture unskilled managers

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    Pros

    nice hotel in malta, but Hilton own and run that

    Cons

    Very bad support for new starters, arrogant culture and selfish managers. High failure rate. Poor reputation. Some very bad unfair financial products most of which are banned in the Uk

    Advice to ManagementAdvice

    Nigel Green need to change the culture of this company or risk going out of business to much better competitors. Most of the good managers have got onto this and left for better organizations.

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  3.  

    Loving it

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trainee Wealth Manager  in  Birkirkara (Malta)
    Current Employee - Trainee Wealth Manager in Birkirkara (Malta)

    Pros

    Whether I am a success or not depends 100% on me! I love that! As a self-starter I have always been frustrated by previous jobs where I felt my salary didn’t match my effort. With deVere it’s different. I can work hard and get the rewards I want. I think the support structure is good and everyone goes out of their way to help you.

    Cons

    Whilst I was told that it is going to be difficult, I do think it could have been clearer just how difficult it is. Despite this, I'm having a great time and feel positive about my future.

    Recommends
    Positive Outlook
    Approves of CEO
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  5. 1 person found this helpful  

    Overall rating is positive

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Sales  in  Moscow (Russia)
    Current Employee - Sales in Moscow (Russia)

    Pros

    You can earn loads if you work hard and remain determined despite the challenges you may face. Better have some money before you start as you will be on commission mostly.

    Cons

    You fail if you don't believe in yourself. A bit of miss leading at the recruitment...you need to clarify more things, its not a perfect job as described.

    Advice to ManagementAdvice

    They encourage you but you are literally self-employed.

    Recommends
    Neutral Outlook
    Approves of CEO
  6.  

    Great opportunity

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Trainee Wealth Manager  in  Birkirkara (Malta)
    Current Employee - Trainee Wealth Manager in Birkirkara (Malta)

    Pros

    The office is modern and professional and the training staff are really supportive. I like how the CEO is really approachable and takes the time to get to know everybody.

    Cons

    It is a tough job, but I believe the rewards are there if you can push yourself to get through it. Looking forward to get to my chosen destination now.

    Advice to ManagementAdvice

    Thanks for all your support.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    lol all these reviews are fake

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Wealth Manager  in  Dubai (United Arab Emirates)
    Current Employee - Wealth Manager in Dubai (United Arab Emirates)

    Pros

    You get to live in Dubai

    Cons

    Everything, they lie to get you out here and never pay you. There is no salary even though they say there is. The money you do get you have to pay back via the commission they say you'll earn.

    I walked after 4 months of no pay or visa

    Advice to ManagementAdvice

    Closet the company down you con artists

    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO
  8.  

    Aggressive selling techniques and disorganised system

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Fantastic manager and head of recruitment. Got to work abroad for while.

    Cons

    Extremely aggressive selling structure and commission scheme.
    Disorganised online system as turnover of staff is very high (hard to keep track of everything)

    Advice to ManagementAdvice

    Organise your database. Pay people a fair wage. Recruit experienced financial professionals.

    Doesn't Recommend
    Negative Outlook
    No opinion of CEO
  9.  

    My experience (3 months) at this company was frustrating to summarize

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Financial Consultant  in  Shanghai, Shanghai (China)
    Former Employee - Financial Consultant in Shanghai, Shanghai (China)

    Pros

    The best part was doing my own fact find and learning about my own medium and long term goals. Working here allowed me to meet interesting professional expats in Shanghai. A few managers provided decent training sessions and encouragement. My phone skills and objection skills handling increased. Free coffee, use of WIFI, computers, printers, phones, supplies, etc... They want you to succeed with that environment.

    Cons

    Top managers often misrepresents the way you'll experience the company and business (especially during first training). They wouldn't pay for my visa upfront (which caused mutual distrust) and they wouldn't give me an advance against future commission (disclosed before the first training without strings and later strings were attached). How was I supposed to introduce clients to a company that I would never trust again?

    Advice to ManagementAdvice

    Increase commissions. You pay peanuts compared to the company I work for now. Idiotic to stay any longer.

    Doesn't Recommend
    Positive Outlook
    Approves of CEO
  10.  

    A good place to work at

    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    Pros

    Good working atmosphere along excellent perks and benefits.

    Cons

    Management structure is not as per the expectation of being an mnc also more employee support need to be in place especially for new joiners.

    Recommends
    Neutral Outlook
    Approves of CEO
  11. 1 person found this helpful  

    Boiler Room

    Former Employee - Wealth Manager
    Former Employee - Wealth Manager

    Pros

    Good accommodation for training course. Excellent training for aggressive sales pitch designed to entrap potential clients. Office in good location.

    Cons

    All sales, no knowledge base. Flogging unregulated financial products on international market with no financial basis or training provided or required.

    Advice to ManagementAdvice

    To be taken seriously, employ sales force with financial knowledge and select worthy products.

    Positive Outlook
    Disapproves of CEO

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