News of the licence comes seven months after deVere revealed it was planning to go after the American market formally for the first time, and said it would open a Miami facility to serve as a headquarters for the operation sometime after the New Year.
Last August it revealed plans to offer its fund platform to British expats in the US.
Nigel Green, chief executive officer of deVere, said the US had a “massive potential”, with more than a million British expatriates as well as domestic American clients who could potentially be interested in deVere’s services.
DeVere USA Inc, as the US operation is known, was granted an investment adviser registration by the Florida Office of Regulation on 2 June. The license allows deVere to provide advice to expats and the domestic US market.
DeVere, which was founded in 2002, claims to be the world’s largest advisory firm.
