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Industry news

deVere expands Italy division


12 June 2018 Rome
Reporter: Jenna Lomax

Generic business image for news article
Image: Shutterstock
DeVere Group has expanded its deVere Italia brand by opening offices for the first time in Rome.

The new office will be run by Mark Croucher. Croucher will report to deVere Italia area manager, Colin Eldridge, and senior area manager of deVere Switzerland, Italia and Austria, Paul Dodds.

Croucher has more than 30 years of experience in financial services. He previously held senior positions at Towry Law International and Holborn Assets in South Africa, and RL360 in the Middle East.

The announcement of deVere’s launch in Rome, follows the firm opening in Munich in April, Madrid in May last year, the Austrian capital in August, and in Portugal’s Algarve in October.

Plans are also being made to expand existing bases in France, Spain and Switzerland within the next few months.

Commenting on the launch and appointment, Colin Eldridge said: “With client demand for our cross border financial experience increasing throughout Italy, and particularly in the Rome area, the time is right to launch an office in the Italian capital.”

He added: “Brexit is, we believe, directly responsible for much of this increasing demand in Italy and elsewhere in Europe as more and more people and corporations head to the continent, with many of them keen to seek advice on certain specialist financial products ahead of the official Brexit deadline next March.”

“We will be using our considerable resources to meet this growing client demand across Europe by expats, international investors and high net worth and local mass affluent individuals. We’re thrilled that a professional of Mark Croucher’s immense experience and expertise is heading our base in Rome.”

Commenting on his new role, Croucher said: “I am delighted to be joining the deVere Group with its enviable reputation for its client-centric culture at this exciting time. I look forward to helping expats and locals across Italy fulfil their long term financial goals.”
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