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deVere buys gulf based advisory firm acuma

9 Jul 13

The world’s largest independent financial advisory company, deVere, has acquired Acuma, a successful wealth manager headquartered in Dubai, International Adviser can exclusively reveal.

The world’s largest independent financial advisory company, deVere, has acquired Acuma, a successful wealth manager headquartered in Dubai, International Adviser can exclusively reveal.

DeVere said its founder and chief executive, Nigel Green, was “presented as Acuma’s new owner to the firm’s 50-strong team” at Acuma’s Dubai office this morning, following the completion of the deal on Friday.

Green said: “I’m thrilled to announce the acquisition of Acuma, one of the Gulf region’s most highly respected advisory companies.

“We’re enthused by the prospect of building on Acuma’s world-class reputation and we’re looking forward to welcoming the company’s talented wealth professionals and support team to the deVere Group family.  We’re fully committed to investing our time and resources so that they can do even more of what they do best – helping clients achieve their long-term financial objectives.”

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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.