Hi Tigre

I understand how you feel, I often get the same kind of calls. I do work as independent asset manager/pension's advisor and I believe in finding out what the client wants, understand his situation and risk profile before submitting any kind pf proposal.

Therefore, since you are interested in this topic and if you do have questions on investment possibilities, I would be happy to receive you here for a relaxed chat. And no, I do not always wear suit and tie (particularly not in this weather).

Kind regards

Olivier
www.bluecap.ch
(022) 347 3707

Come on Tigre, everyone knows the difference! Forth wear Boss, deVerre wear D&G, and Guardian wear Prada! (-:

I kid ofcourse, and I don't mean to doubt to professionalism of all these companies. I actually think they provide a needed service. I also think they all compete in the same space, on similar products. My guess (without knowing the details so I might be way off) is that its mainly the service and your bond with the specific sales person that makes a difference.

Nir

Hey guys, thanks for the advice! And I got some pretty good ones in my mailbox too.

Nir .. after your other post .. I am looking for someone who wears a bespoke suit ;)

Hi Tigre,

Your post was interesting to me as I am starting work in Geneva on 17 January as financial consultant to ex-pats.

I agree with Nir, that much is down to the rapport you feel you have with the consultant you will work with, but I wanted to add to the discussion because throughout December I did lots of research, attended several interviews and was offered several positions before deciding to join deVere. 

My reasons for choosing deVerewere as follows:

a) they are the largest independent international company of their type with offices in the majority of countries where ex-pats go, which means my clients will be looked after wherever they are;

b) their recruitment process was the most professional of all the companies I interviewed and I figured that if I felt I was treated in a professional manner, so would my clients;

c) because they write so much business, being the largest, they are provided with exclusive products, which gives them (and therefore their clients) an edge over the competition who are, as Nir states, all pretty much competing in the same space;

d) the training they offer their consultants is second-to-none and even the competition seemed to acknowledge this;

e) they have a wicked "platform" for clients who want to access and take care of their own investments.

I just thought it might be useful for you to hear thoughts from the "other side of the fence" as it were.

PS.  I wear Armani, so where does that place me? Or maybe it doesn't count for girlies

Tigre, ask for their opinion on two topics: Fiat money and the global housing bubble.  Keeping looking if they stumble when answering.  Anyone who manages your money had better damn well know a lot about both.

that s why now I  visit my client in casual clothes, do you think I will be succesfull?

Hi Tigre,

I suspect you already know the lay of the land in Geneva and that's why you've started this interesteing little post.

Firstly, it'd be interesting to know Maria Davies education and qualifications to be a financial advisor. And for that matter, most of DeVeres' advisors.

As Everyone should know, even Maria, DeVere's advisors have their client's sign off on their "advice" before completing any transactions and thus the advisor henceforth has absolutely no responsibility for what they have advised the client to do. So she can say anything and isn't held responsible. 

Also, I would more closely at their products and thier fee structures. Currently, deVere's is pushing a product that charges fees on the ever highest level of investment for the life of the investment. The fee level never goes down even if the customers yearly investment does. You are obligated by contract to continue paying fees that will often exceded the actual amout of the yearly investment. 

Lastly, everyone should look up the following articles linking deVere's CEO Nigel Green to the enormous Belverder ponzi scheme in South Africa, lead by his friend and frequent partner David Cosgrove and Kellerman. 

http://www.wsj.com/articles/flash-crash-trader-navinder-sarao-worked-with-fund-network-now-under-investigation-1434527646

http://www.international-adviser.com/news/products/devere-investigating-options-over-strategic?page=1

Look further and you will find these people go way back...