Family Office service is designed to be an extension of that legacy, allowing families to preserve their wealth while creating a meaningful impact for generations to come.
MUMBAI (India CSR): deVere Group, one of the world’s largest independent financial organizations, said that it has been awarded the highly sought-after Family Office Licence by the Financial Services Commission (FSC) of Mauritius.
A family office handles investment and wealth management and legal matters for a wealthy family, generally one with more than $75 million in investable assets, with the objective being to effectively grow and transfer wealth across generations.
This milestone achievement solidifies deVere’s position as the global leader in comprehensive wealth management services, adding to its already impressive suite of offerings including financial advisory, asset management, private banking, foreign exchange, and tax consultancy services, among many others.
The newly secured Family Office Licence allows deVere to cater to the most complex financial needs of ultra-high-net-worth individuals (UHNWIs) and families, setting it apart from competitors.
With this licence, deVere is now able to provide bespoke Family Office services, supporting families in preserving and growing their wealth across generations, through a dedicated and structured approach.
“We are incredibly proud to have been granted the Family Office Licence – one of the very few global financial firms to have achieved this,” comments Nigel Green, CEO of deVere Group.
“This new licence allows us to offer an unparalleled proposition for our elite clients, giving them access to an exclusive suite of wealth preservation, investment management, and intergenerational planning services.”
He continues: “Family is at the heart of deVere’s story.
“We understand that family governance, succession planning, and the broader social and environmental responsibilities of families are not just business concerns, they are personal.
“Our Family Office service is designed to be an extension of that legacy, allowing families to preserve their wealth while creating a meaningful impact for generations to come.”
With deVere’s Family Office, clients will benefit from tailored governance strategies, consolidated oversight of family investments, and the ability to establish clear communication and education platforms to ensure family values are transferred across generations.
deVere’s extensive network of experts and advisors will support families in creating a comprehensive roadmap for their financial future, enabling them to cut through complexity and focus on their long-term objectives.
This new licence builds on deVere’s renowned expertise and extensive resource base, cementing its commitment to staying ahead of the curve in financial innovation.
“The Family Office offering includes access to world-class partners through deVere’s network of dedicated providers and the opportunity for clients to exchange thought leadership with peer families and industry leaders,” affirms the deVere Group CEO.
“This licence is more than just another feather in our cap; it’s a testament to the quality and dedication of our team. It demonstrates our commitment to providing the most comprehensive and forward-thinking solutions in wealth management in the world today.”
As deVere expands its reach and deepens its service offerings, this new capability will provide clients with an extra level of expertise and attention to their financial and personal needs.
Whether families are looking to set their values in motion, contribute to sustainable communities, or navigate the complexities of family governance, deVere’s Family Office service is designed to provide the necessary guidance.
With this new addition, deVere’s clients now have access to a complete suite of financial solutions, all under one roof. This comprehensive approach, paired with the firm’s unwavering commitment to excellence, positions deVere as a global reference point for family wealth management.
Nigel Green concludes: “We are incredibly excited about what this means for our clients and the future of deVere Group.
“This licence enables us to offer a more personalized and holistic approach to wealth management and legal affairs, ensuring our clients’ legacies are secured and thrive for generations to come.”
(India CSR)
