DeVere, one of the world’s largest IFA firms with more than 70,000 clients and $9bn in assets under advice, acquired Acuma from Hong Kong-headquartered property firm IP Global in July this year. The two companies are being managed as separate entities.
O’Leary has worked at deVere since 2008 and is described by chief executive Nigel Green as the company’s “top performing manager in Switzerland”.
Green added that O’Leary “has joined Acuma to take advantage of the exciting new opportunities that our acquisition of it has presented”.
O’Leary will be based in Acuma’s head office in Dubai and will report directly to Green.
On his appointment, O’Leary said: “I’m delighted to be at the helm of Acuma, which is universally recognised for its proactive client focus. I look forward to working with such talented professionals to further enhance the Acuma brand on a wider scale.
“Now that Acuma is owned by a strong, well-resourced global organisation, I’m convinced that this next chapter of the firm’s advancement promises to be the most exciting and far-reaching yet.”
Following the purchase of Acuma earlier this year, there was much speculation as to what Green’s intentions were, prompting the CEO to write an explanation of the deal and what he aimed to achieve. You can view the article here
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