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devere group set to open lisbon office

16 Jan 12

The deVere Group, which claims to be the largest IFA firm in the world, is set to open an office in Lisbon, Portugal next month.

The deVere Group, which claims to be the largest IFA firm in the world, is set to open an office in Lisbon, Portugal next month.

The Lisbon office is the first of 12 new offices the company intends to open this year as part of wider expansion plans announced last November. In November, deVere said it plans to increase the number of its worldwide offices from 60 to 100 within the next five years.

DeVere group director, Mike Coady, said: “While the economic woes of Portugal as a whole have been well-documented, Lisbon remains an extremely vibrant business hub, with expatriates being some of the city’s leading employers, top-earners and major investors.

“In addition, it is the ideal location from where we can reach Portugal’s tens of thousands of foreign residents in other areas of the country, such as the Algarve.”

The Lisbon office joins the company’s four existing offices on the Iberian Peninsula, including one in Marbella, Madrid, Barcelona and Denia.

Tags: DeVere Group | Nigel Green

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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.