As part of the company's global expansion, deVere Group has bought Precision Group Asia for an undisclosed sum. deVere says that 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 chief executive 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.
The deVere Group is a global firm of independent advisers aimed at international and local mass affluent and high-net-worth clients through a network of 70 offices across the world. It has more than 1,000 staff and in excess of 70,000 clients and $9bn under advice.
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