IFA firm plots fintech course
One of the world’s largest independent financial services organisations has added an investment app to its growing fintech proposition.
The deVere Group has launched deVere Investment, an execution-only, low-cost investment app that will allow clients to purchase Structured Notes, ETFs and Mutual Funds
Nigel Green, founder and chief executive of deVere Group says the app provides clients with a platform for low cost and gives them the ability of day-to-day execution-only trading.
“In addition, it also gives the clients a great advantage whereby they can purchase Structured Notes with no minimum investment and low custodian costs of just 20 basis points.”
“Also, it is helping to advance the financial services sector past the limited scope of what traditional firms and banks are offering their clients, especially in terms of customer experience and accessibility.”
Earlier this year, through deVere E-Money, the organisation launched its first fintech (financial technology) proposition, deVere Vault, a global e-money app designed for internationally mobile individuals and firms.
Last week another 22 currency wallets were added to the existing five, making deVere Vault the world’s most international e-money app. More than 40,000 users will have downloaded and be using deVere Vault before the end of the year, it has been forecast.
The firm says it is expecting to launch more “ground-breaking” fintech solutions in the next few months.
“We’re entering a new age. We are truly at the start of a tech and digital revolution that is monumentally changing the way we live, do business and connect to one another – and the changes are coming quicker than ever before and will affect more people than ever before.
“From self-driving cars, genetic bio-editing to intelligent robots, new technologies will impact every part of our lives. Our financial lives will be no exception. Therefore, we’re committed to helping shape the future by developing accessible and in-demand fintech propositions that empower us all to achieve our financial objectives and manage our money in today’s world.”
The deVere Group has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.