British financial consultancy firm deVere Group has acquired Acuma, a Dubai-based wealth manager, International Adviser has reported.
Nigel Green, founder and chief executive of DeVere will become Acuma’s new owner and head the firm’s 50-strong team at Acuma wealth management’s Dubai office.
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Green said: "We’re enthused by the prospect of building on Acuma’s world-class reputation and we’re looking forward to welcoming the company’s talented wealth professionals and support team to the deVere Group family.
"We’re fully committed to investing our time and resources so that they can do even more of what they do best – helping clients achieve their long-term financial objectives," he added.
The role of Acuma’s current CEO, Kevin Thorp in the company has not yet been decided. Thorp has joined Acuma in 2002 as a consultant.
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