deVere Group Reviews | Glassdoor.co.uk

deVere Group Reviews

Updated 30 November 2018
385 reviews

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3.8
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deVere Group CEO Nigel Green
Nigel Green
284 Ratings

Employee Reviews

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Pros
  • "Very high quality of training; opportunity to learn a lot about finance without any previous knowledge; opportunity for great career growth" (in 18 reviews)

  • "Hard work and results get rewarded" (in 32 reviews)

Cons
  • "Long hours during training, much more flexible in field" (in 45 reviews)

  • "long hours, no work life balance, unethical somethimes" (in 14 reviews)

More Pros and Cons

  1. Helpful (1)

    "Hardwork but good if you can stick with it"

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

    I have been working at deVere Group full-time

    Pros

    offering lots of training and support to help you get qualifcations both for UK and international.
    work with likeminded people in a good environment
    have meals out with colleagues and the opportunity to work in a completly different country without being fully fluent in the language.

    Cons

    longer than a typical nine to five job however the longer you work the more you earn.
    job has a farily high turnover a lot higher in other locations.


  2. Helpful (1)

    "Trainee Wealth Advisor"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    No opinion of CEO

    I worked at deVere Group full-time

    Pros

    Work hard, play hard environment. The potential for uncapped earnings.

    Cons

    Long hours and the work can be monotonous and unchallenging.

  3. Helpful (1)

    "Amazing job"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at deVere Group full-time

    Pros

    working conditions, a lot of money, easy to climb the hierarchy

    Cons

    long hours, no work life balance, unethical somethimes

    Advice to Management

    keep hard working


  4. Helpful (2)

    "My Review"

    StarStarStarStarStar
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at deVere Group full-time

    Pros

    Travel is a good thing

    Cons

    Salary is quite poor to be honest


  5. Helpful (46)

    "Avoid by all means!"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    Pros

    There are no pros. You are constantly told that through your hard work you can succeed but all lies. Before accepting employment you are not told the company pays for your exams. All lies they pay for the first one and the rest have to be covered by you. If you are naive enough to believe that then you may believe that they actually pay for your first 2 weeks accomodation.

    Cons

    Perfect job if you are looking to join a pyramid scheme. If you want to be stuck in a foreign country on the same salary as a delivery driver in the UK this is the scheme for you. NOT TO MENTION THE LEVEL OF SEXISM! Honestly, even Trump would be outraged by some of the open comments made at my office. Oh and if the company was as good as we are told then why do you spend all day cold calling? Surely, customers would be fighting to invest their money.

    Advice to Management

    Hmm go back to selling cars and stop forcing deluded grads to write false reviews in order to keep your revolving door spining. Oh and get off panaroma like thousands of other credible financial professionals.


  6. Helpful (17)

    "Malta Training Academy"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Business Development Manager
    Current Employee - Business Development Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at deVere Group full-time (Less than a year)

    Pros

    Not only is it a great environment to be in, it’s extremely educational. Working with people just like yourself and wanting to achieve.

    Cons

    It’s extremely tough, deVere only want the best of the best. So they put your through you paces. A few people do drop out due to not being able to take the pressure, and I guess that’s where the bad reviews come in?

    Advice to Management

    Keep up the good work!


  7. Helpful (28)

    "Poor at the moment, but can be improved massively"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - BDM
    Current Employee - BDM
    Doesn't Recommend
    Negative Outlook
    Disapproves of CEO

    I have been working at deVere Group full-time (Less than a year)

    Pros

    There are some really good managers in the business, with some exceptionally motivated sales people.

    Broaden's your horizons - you get to meet new people from different countries.

    Money to be earned in the long run when you become a consultant.

    Cons

    Don't listen to anyone that tells you there will be a £40K salary at the end of the 4 weeks training. They lie to you and mislead you with this, it's a way of getting you in.

    It's supposedly after you become a consultant which takes at least a year, even after that they don't want you to take it.

    They tell you this to get through the door, you will be on a £1200 a month retainer and everything will be commission only. Which takes about 6 months to get a bonus, so most people are playing catch up.

    They fire a lot of people during the training, for the most pathetic reasons.

    You have to pay for your own working visa with your commission.

    Very unprofessional with clients and employees. Use of bad language in training academy.

    Long hours, no work life balance.

    Medical insurance is very poor and basic, you will have to pay for it yourself for a decent one.

    Data mining and cold calling is all you will be doing.

    Advice to Management

    Recruiters and even advertisements on 'Total Jobs' and 'Reed' need to be more honest, as it even says online there is a £40K salary which in truth there isn't. You are bringing the wrong people into the business off this basis if it's not what you want, it is only going to backfire.

    Treat staff better. Workers should be treated like family and invested in properly initially, then you will get more out of them and won't have such a bad reputation.

    Recruit the right people in the first place, don't just employee any Joe Bloggs off the street. This way you won't have such a high turnover of staff in the first place and won't have to sack anybody.

    Stop the long hours, give workers better shifts with the option to work longer if they need to. This will keep people happier as they will be able to enjoy life outside of work as well. You can get just as much work done by working smart/efficient instead of over-stressing and over-working.

    Be more professional and legit, this is a well established company and is absolutely huge. Be more truthful and provide more security for employees.

  8. Helpful (5)

    "Trainee Wealth Advisor (Grad Scheme)"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Wealth Manager
    Current Employee - Wealth Manager
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at deVere Group full-time (Less than a year)

    Pros

    - Learn a lot of knowledge and life skills on the job
    - Fast paced introduction into the financial sector
    - Can be very financially rewarding
    - Great team of management staff
    - Good positive office environment

    Cons

    - Hard work and Intense
    -Challenging


  9. Helpful (2)

    "Graduate Trainee Wealth Manager"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee
    Doesn't Recommend
    Neutral Outlook
    Approves of CEO

    I worked at deVere Group full-time

    Pros

    Travel
    Commission rates
    Access to management.

    Cons

    Lack of training & support towards qualifications
    Retainer system

    Advice to Management

    Introduce a basic salary with support and training towards industry recognised qualifications


  10. "Graduate Wealth Advisor"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at deVere Group full-time

    Pros

    Great Training
    Learn a lot in a very short period
    Good Office Environment
    Good Preparation for a difficult commission based role

    Cons

    Hard Work
    Little Time to Yourself