The deVere Group has opened a new office in the Cayman Islands, on West Bay Road in Grand Cayman, in the heart of the Cayman Islands' financial industry.  

Headed by chief executive Nigel Green and deVere executive Simon Pratt, the deVere Group Caymans base will mark the firm’s first office in the Caribbean, and will specialise in investment brokerage.

The firm expects to obtain its operating licence in the coming weeks.

The deVere Group currently has in excess of $9 billion in funds under administration and management.