deVere Group Reviews | Glassdoor.co.uk

deVere Group Reviews

Updated 18 February 2019
399 reviews

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3.5
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deVere Group CEO Nigel Green
Nigel Green
291 Ratings

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Pros
Cons
  • "Not recommended for anyone who is not 100% committed and does not want to work long hours" (in 46 reviews)

  • "long hours, no work life balance, unethical somethimes" (in 15 reviews)

More Pros and Cons

  1. Helpful (5)

    "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. "BDM"

    StarStarStarStarStar
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at deVere Group full-time

    Pros

    Pay opportunity is very attractive

    Cons

    Retainer limits how much you can earn at the start

  3. "Working at Devere"

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

    I worked at deVere Group full-time

    Pros

    Intense graduate course very insightful into sales role

    Cons

    Long hours. Little to no help with working visa


  4. "Terrible"

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

    I have been working at deVere Group full-time

    Pros

    potential for high earnings if willing to stick out the mind numbing days as a BDM

    Cons

    Lies at the interview, all you do is cold call.


  5. Helpful (2)

    "Graduate Scheme is not as they sell it"

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

    I have been working at deVere Group full-time

    Pros

    Opportunity to make amazing money. They are the best and biggest financial advisory firm. Hard work is rewarded! This job really is not for the faint hearted, you will be expected to work long hours a day but the money I have seen people make is huge!

    Cons

    The graduate role is essentially sales. It was sold to me as a finance role but it really is not. For the first two years you will be cold calling and data mining all day. If you want to do sales this is a fantastic opportunity - it's tax free uncapped commission! But for myself personally I was so disheartened as I wanted to pursuit a career in finance, not sales. Furthermore, as it is in Dubai there are quite a few things that happen that just would not happen in the UK due to legal reasons. So it's a bit dogey in that regard. The retainer system - you do not have a proper salary.

    Advice to Management

    Just be honest about what the graduate job is! So so many people who joined when I did left, as they were mis-sold. People are moving half way across the world, it is only fair to be honest. There will be some great motivated sales-orientated young people out there that want this job and both grads and your time won't be wasted if you get the right people in.
    Furthermore, the retainer system is really just unacceptable. More people would stay if you provided a wage and then commission on top. I find the retainer system so disheartening and un-motivating. Lastly, there is no need for the people running the training course to speak to the trainees like dogs during the training period. We are successful graduates who want to do well, not criminals! There is a big different between being strict and being rude/nasty.


  6. 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.


  7. Helpful (2)

    "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

  8. "Wealth management consultant"

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

    I have been working at deVere Group full-time

    Pros

    Great company to work for.

    Cons

    Hard work but worth it

    Advice to Management

    Keep up the good work


  9. 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


  10. Helpful (51)

    "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.