deVere Group procures Precision Group Asia

11 November 2013   Category: News, Asia, Global, Hong Kong   By Asia Asset Management

Independent advisor of specialist global financial solutions deVere Group has announced the purchase of Precision Group Asia as part of the its continued global expansion. It acquired the Hong Kong-based IFA firm for an undisclosed sum. The last few years have seen an increase in demand for professional financial planning services in Asia, an area that deVere believes will be a key area of growth in the coming years.
Commenting on the acquisition, deVere Group Founder and CEO Nigel Green said: “We are delighted to add yet another respected organisation to our growing company portfolio. We are committed to providing our global client base with trusted financial planning wherever they choose to live in the world.”
“By purchasing Precision Group, we are able to offer both deVere clients and prospective clients a better service. We are committed to expanding our global reach and expect to make further announcements in the coming weeks,” Mr. Green added.
Through a network of 70 offices across the world and more than 1,000 staff, deVere Group has in excess of 70,000 clients and US$9 billion under advisement.