15 Jul, 2016
We’ll Grow to Meet Demand in Hong Kong Says Nigel Green
Powerful client demand in Hong Kong and throughout East Asia is driving expansion for one of the world’s largest independent financial advisory organisations, according to the mastermind behind deVere Group.
Nigel Green, founder and CEO of deVere Group, which operates in Hong Kong under the highly respected Acuma brand, comments, “As a global business, we’ve expanded significantly year-on-year.”
“Currently we have more than $10bn USD under advice from over 80,000 high-net-worth, expat and international investor clients in more than 100 countries worldwide, but Hong Kong is our birthplace and, as such, it will always hold a special place in our heart.”
Mr Green continues, “Asia’s ‘world city’ is uniquely rich in our client demographic, attracting ever more expats and international investors each year. It is a dynamic, exciting place to be. Not least because it’s a thoroughly multicultural destination where entrepreneurialism, success and wealth are celebrated.”
“Consequently, the demand for our cross-border products and services continues to grow in Hong Kong and we have a balanced, strategic plan of expansion to meet that need.”
However, Hong Kong has another card up its sleeve. That card is that Hong Kong is a gateway to the rest of China, as well as the rest of East Asia.
“For example, we already have offices in Shanghai and Tokyo, and I’m looking forward to expanding further as demand from globally minded individuals for our specialist financial advice soars across East Asia,” says Mr Green.
“There is incredible growth potential for financial advisory companies across this vibrant region. There’s monumental demand for financial advice, yet most international firms don’t yet have a presence outside the main capitals. Plus, as the broader population of East Asia becomes wealthier and as the middle class grows, the opportunity for firms like ours to expand is enormous.”
Nigel Green’s hands-on approach to managing a business, that has long since grown beyond the borders of Hong Kong, is simple and straightforward.
“We’re in a people business. No matter how or where we grow and what we do, we’re not an empire. We’re a company that thrives on hard work, egalitarian entrepreneurialism, drive and intellect to provide the best quality, bespoke financial advice.”
The deVere Group CEO and Founder concludes, “I don’t see 600 independent financial advisers within the Group. I see at any one time 600 one-to-one conversations between our IFAs and our individual clients. And as we continue our push further into East Asia, those one-to-one conversations will simply multiply in direct ratio to the number of IFAs we’ll have trained and brought in to continue and further develop our award-winning service.”