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DeVere expands into Latin America, opens Mexico City outpost

By Tom Carnegie, 18 Jan 18

DeVere Group is to open an office in Mexico City, headed up by an ex-Guardian Wealth man, its first step in an ambitious plan to expand throughout Latin America.

DeVere expands into Latin America, opens Mexico City outpost

Mexico City, Mexico - December 3, 2017: Visitors surround the Metropolitan Cathedral, the largest cathedral in the Americas, located in the Zócalo, the main square in Mexico City.

The global independent financial advice firm will open the Mexican outpost “imminently” under its Acuma deVere brand.

Expansion plans

DeVere founder and chief executive Nigel Green said the Mexico City office is the first step in the company’s plans to offer financial advice across Latin America. This plan will see them opening up in and basing consultants throughout the continent’s major financial hubs and expat centres.

A deVere spokesperson said the company has made a previous attempt to launch in Latin America “many years ago” but withdrew due to “recruitment issues, which have now been addressed and overcome”.

The expansion plans follow another major announcement made by deVere this week to launch a cryptocurrency app.

Area manager

Aaron Vickery has been appointed senior area manager and will report directly to Green. His role is to lead the Latin American expansion from Mexico City.

This is Vickery’s second time working for deVere in Mexico City. Prior to his current appointment, Vickery was working in the Middle East as a senior financial planner for Guardian Wealth Management.

Green said he was “absolutely delighted” to welcome Vickery back.

“With someone of his calibre, experience and expertise at the helm, we’re extremely confident that our expansion into and across Latin America will be a major success.

“Together with him being a talented wealth adviser and senior-level business manager, Aaron has an intimate personal and professional knowledge of this market, having lived and worked for many years in the region,” he said.

Vickery said: “On a personal level, it’s fantastic to be back in a part of the world that I’m passionate about and know very well.

“Professionally, it’s great to be in Mexico City in our industry now. It’s one of the world’s most important financial hubs and projected to be in the top-10 largest economies by 2030, ranking higher than the UK, Saudi Arabia and Canada.”

Tags: DeVere Group

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.