DeVere Group CEO appoints son head of Europe

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DeVere Group chief executive and founder Nigel Green has appointed his son head of Europe as the wealth manager expands in Spain, France, Germany, Switzerland and Italy.

James Green, who will report to his father, begins on 5 June.

Nigel Green says his son has “successfully led teams of senior wealth advisers in some of our most competitive areas across the Middle East and India in recent years”.

“He is also a highly skilled wealth and investment manager in his own right who has deVere’s ‘client-first’ culture in his DNA.”

Green says Europe has an increasingly buoyant economy and an increasing number of international investors relocating there and seeking cross-border financial advice.

He adds that there is an “advice black hole” due to many advisers routinely rejecting clients who aren’t deemed high-net-worth enough.

DeVere Group is currently conducting a company-wide strategic review of its global business.

The company will open at least two offices in Western Europe as part of its expansion in the region.