To all former Partners and coordinators of deVere please read and keep your eyes on these posts, I’m a former Partner of deVere and have engaged one of the top UK commercial law Solicitors who has given me a legal method to challenge the deVere Group, Nigel Green, and his orchestrated recruiters and Trainers.

I have current contact with 48 former Partners and 26 coordinators I’m looking to find 150 to take a group action. I already have statements scanned documents and other information that proves that what is said during the recruitment process and is implied “contract” is utter lies.

There will be an e mail in fact several e mail addresses posted shortly for you to get in contact with your stories claims and documentation. I have also contacted the Media and TV regarding this and many ears are happy to listen and help name and shame deVere and Mr Green

So, you’ve been recruited by a so-called independent offshore recruiter and he promised you a world of fame and riches. You can’t resist and you are on your way to a presentation in Knightsbridge for one of the biggest Offshore Financial Advisers in the World. It’s a dream come true.

Now, it wouldn’t be fair to tell you everything at the presentation. You might be told enough to get your juices flowing. Most of the fine details arrive when you get to your destination.

But behold. I can help. Here is a guide based on information recorded during the ‘Offshore Adventure’:

Self employed-of course

Commission Only-naturally

You will need to find and pay for all your travel and accommodation

You will receive roughly 50% of the commission, but of course, this doesn’t include any over-ride, so in reality, you will be lucky to get 40%.

You normally pay your co-ordinator 20% of the commission (whether you have one or not!)

You pay for 50% of your coordinators accommodation-although this might be shared by a couple of advisers so 25% each

You pay an additional 5% of you commission away in the first few months until you bank 60K to repay your training costs

You pay a further fee from your commission to pay for the office costs such as telephones and paper etc

You will be expected to find data, i.e. names of people to call and then cold call them if you don’t have a coordinator

You will have to bring your own laptop

Your destiny is in your hands-of course

This is based on information obtained in 2009 and therefore, may be subject to change without notice and is a guide only.

The commission structures vary considerably amoung firms but one thing to consider, you will almost always be commission only and self employed and rarely do you get a cut of the full commission the firms recieves, no matter what they tell you….