deVere opens first ever office in Austria as it continues European expansion


16 Aug, 2017

deVere opens first ever office in Austria as it continues European expansion
deVere Group, one of the world’s largest independent financial services organisations, has today announced it is set to launch in Austria.
The Group’s first ever office in the country is to open in Vienna on 1st September and is the next step in its “ambitious expansion” across Western Europe.
The new office will be headed by David Mihelic and supported by James Stratford, who are two experienced consultants already working within deVere Group. They will report to Colin Eldridge, Head of deVere Italia.
Mr Eldridge affirms: “We will launch deVere Austria on September 1st in Fleischmarkt, one of the most prestigious central locations within the Austrian capital”.
“Having built a successful operation in Italy the next obvious step is to move into Austria where we see huge potential for growth”.
“Austria is an important financial centre and home to a large number of international companies, and has a high number of expats and international investors who are looking for our specialist cross-border financial advice to help them achieve their long-term financial objectives”.
“We fully expect more and more globally-minded and internationally-mobile individuals to come to Vienna over the next few years – perhaps more than ever - as the Eurozone recovers and growth and confidence return, attracting more multinational firms, and as continental Europe readjusts to a post-Brexit world”.
He continues: “We are really excited about the potential and opportunity that the Austrian market represents.  We intend to take on 10 consultants, and their support staff, within the next 12-18 months to meet the expected demand.  We will be looking to recruit for the Vienna office both from within the wider deVere Group and also interviewing external talent too”.
The opening of the office in the Austrian capital comes following the appointment of James Green back in May as Head of Western Europe, and just two weeks since it was confirmed that deVere has reopened its Madrid office.
Paul Dodds, the Senior Area Manager for the region, observes: “The launch of deVere Austria is the next major milestone in our ambitious expansion programme across the region.  Expect more announcements shortly as we continue to implement our strategic plans for the continent.
“We believe that the Austrian operation, with Colin Eldridge at the helm could, in time, become one of Western Europe’s flagship bases”.
For his part, deVere Group founder and CEO, Nigel Green, recently commented: “This expansion and development of the region [Western Europe] is now a major priority for the organisation for the rest of 2017 and beyond”.  
“We’re set to shake-up the Western Europe market place. Of that, I am confident”.
“Underscoring our commitment to this move, we’re allocating extra investment and resources to Western Europe”.