When I was an expat in Dubai in 2016, I was approached by a financial adviser from Acuma DeVere who offered me to open a US approved international pension plan. I was told this program was approved by... Toon meer
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Bedrijfsgegevens
Geschreven door het bedrijf
deVere Acuma, part of one of the world’s leading independent financial advisory organisations, provides trusted, independent financial advice to expatriates and international investors based in the Middle East.
Contactgegevens
Office 401 H Hotel Office Tower Sheikh, Zayed Road,, PO Box 23940, Dubai, Verenigde Arabische Emiraten
- +971 4 503 4700
- dubai@devere-acuma.com
- devere-acuma.com
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Ponze scheme
When I was an expat in Dubai in 2016, I was approached by a financial adviser from Acuma DeVere who offered me to open a US approved international pension plan. I was told this program was approved by the IRS and I can contribute after tax and start withdrawing funds from the pension plan after 10 years free of tax. When I tried to withdraw funds last month after 10 years anniversary, I was told that funds aren't available and I will need to wait another 15 years. This seems like a Pyramid scheme where they are defrauding investors through a complex web of companies including Praxis in Malta and Utmost in Guernsey. I'm posting this to let other people know about this so they don't fall into the same kind of deception scheme with these organizations.
High fees and unfair conditions
These guys, like most of the financial advisers, have high fee products and unfair conditions. I have taken a retirement fund from Hansard thru them, and after 3 years of investment on which the market has moved up considerably(40%) the fund is up only 10%! why because the high fees! So rather than giving them 1k$/month and after 20 years you will have 400k, just open a brokerage account yourself and invest that 1k/montly into S&P 500 and after 20 years you will have 600k! Thats 200k $ in fees which you are paying and on top of that you will have your money locked!!!
I hope this helps, Good Luck!
I want a job.in…
I want a job.in Google,hyderabad,telangana, no advice please
Ulas Sadak and Sean Tierney
If you're young, working abroad, don't have a pension set up and want some peace of mind for retirement or would like to cut on those ridiculous taxes when moving back to your home country, these gentlemen will tailor you anything you need with a bespoke touch and great professionalism.
Exceptional service from Ulas Sadak and Sean Tierney
I used DeVere Acuma so I could set up a financial plan for my future. Both Ulas and Sean were instrumental in helping me understand the best plan for me, explaining the pros and cons for different options and being patient with my questions. As Ulas says, no question is a silly one and he was fantastic in answering all of mine with patience and care. I'd recommend their services to anyone looking to get their finances in order and set themselves up for a strong future.
Ulas & Sean
Recently set up a pension plan with Ulas & Sean and the experience was exceptional from start to finish. The guys where highly knowledgeable, guided me through every step with clarity and made the entire process feel seamless & stress-free. Communication was consistent and professional & they delivered exactly what they promised with impressive efficiency. It’s rare to find a service provider that combines expertise & transparency, especially within the region - multiple company’s over promising but under delivering however, these guys do not under deliver. I’m extremely satisfied with the outcome and would confidently recommend them to anyone looking for a reliable partner in setting up their pension. Thanks guys.
Solid Financial Advice,
Solid Financial Advice,
It has been refreshing to get good open & honest financial advice, Paul stays in touch throughout the year with regular meetings, advising when we should hold or when is the right time to sell.
I would certainly recommend the service’s of this company for anyone looking for solid financial services.
Working with Mrs Lauren Holtshousen
Working with Mrs. Lauren Holtshousen and her team on financial matters was great experience for me. She was alwas responding to my correspondence promptly and with great diligence. She demonstrate high level of professional integrity while dealing with her clients.
I would recommend her sevices in financial matters to anybody interested.
Krzysztof Krajewski
Extremely helpful and well informed service
Everyone I have dealt with has been extremely knowledgeable and helpful. The follow up is always good, and I am kept informed.
Paul and Lauren...a great team
Paul and Lauren were able to help and offer much-needed financial advice. I am so glad that I was able to sign up for this investment opportunity.
Paul White and Lauren Holthausen - 2025 Review
I received throughout the year 2025 excellent support from Paul White for the questions due to the uncertain world economy around our pension fond investments. Paul advised on recommended swaps to the portfolio in order to reduce my risk exposure. He always managed to help me by putting short and long term aspects in perspective. Adequate and timely decision support was given for the required divestments during the year because of the start of drawing down one of our private pension contracts. Questions and requests were followed up swiftly and to my fullest satisfaction.
I have found Paul and Lauren very…
I have found Paul and Lauren very professional and friendly. They are also very helpful and efficient with any of my queries or requests that I've had and dealt with them promptly or as fast as they can. I am a very happy client and I do recommend them to others when possible. Highly recommended.
Excellent support, advice and relationship management
Paul looked after my husbands investment portfolio while we were in Oman.His service during that time was outstanding, and we were very happy. Fast forward to Covid times - my husband passed away unexpectedly, while we were outside our home country ( Australia). Paul and Lauren literally held my hand and guided me through all aspects of the financial and legal process, including helping me with probate lawyers in other jurisdictions, until all investments were safely transferred to me. After iI was able to move back to Australia, Paul referred me on to his counterpart in Australia to continue to manage my portfolio. Unfortunately the service I received from the Australian representative was practically non existent.
I recently decided to close my investments overseas and move funds back to Australia. As I was unable to get help from the Australian representative, I reached out to Paul and Lauren again, and they did their best to get the local office to respond to me. When I had no luck, and because I needed to have this actioned quickly, Lauren helped get all the paperwork sorted and submitted for me, and I received my settlement in a couple of weeks. This, to me, embodies true relationship management. Their support did not end with the transfer of my account. I would like to commend both Paul and Lauren for outstanding service and would highly recommend them specifically to anyone looking for Investment and portfolio management.
Great experience
Both Paul and Lauren come across as very honest, very thorough and so easy to deal with, everything spoken and issued has been very clear and no grey areas , all queries were answered immediately
all the above leaves me very confident dealing with both of them
Progress and performance review
I have had a number of advisers during my time with the company. Given the negative experiences of my previous UK advisor I can only commend both Paul and Lauren for their genuine efforts to deliver the highest levels of customer care. Paul made a promise to undoe the shortcomings of his predecessor, on which he has more than delivered. I have been given timely and sound advice regarding rebalancing my investments. There is an integrity to the advice given by Paul, and I do fully believe he has the best interests of his clients to heart. Lauren is diligent and responsive to any requests I have made, and extremely helpful in expediting any bureaucratic issues
Paul White dedication to client…
Paul White’s dedication to client service. His knowledge, advice and personal attention is commendable as is Lauren Holtshousen’s assistance and attention to timeous communication. Both are an example of service to others!
Pension Matters
Regular communication & responsive to any enquiries that emerge in relation to fund performance and the administration of my pension fund. Friendly in discussion and professional in the provision of service.
I really appreciate working with Paul…
I really appreciate working with Paul and Lauren. They provide me with honest and timely advice that makes sense so me, with limited financial knowledge. They are highly recommended to anyone looking to work with personable and professional advisors.
Overall rating of deVere advisors
Overall, I've had a pretty good experience in all things that my advisors, Paul and Lauren are able to control and manage. In terms of the market fluctuation, they would advise me in which direction to head into, but worked very professionally in all other areas.
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