Global financial advisory giant deVere Group has entered the Canadian market after securing regulatory approval from the Financial Services Regulatory Authority of Ontario (FSRA), establishing deVere Canada in the financial district in Toronto.
The move marks deVere’s first licensed operation in Canada and forms part of the group’s wider international expansion strategy as demand accelerates for sophisticated, multi-jurisdiction advice among internationally mobile professionals, entrepreneurs, expatriates and globally connected families.
Based in the heart of Toronto — Canada’s financial capital and one of North America’s most internationally connected business centres — the new operation positions deVere at the centre of a rapidly expanding market for international wealth planning, protection and advisory services.
James Green, Regional Director, comments: “The expansion comes amid major shifts in global wealth patterns, with affluent individuals and families increasingly living, working, investing and retiring across multiple countries.
“Global wealth mobility is reaching record levels, with international migration advisers forecasting another surge in high-net-worth migration flows as they increasingly relocate assets, businesses and residency internationally.
“Traditional wealth models built around single-jurisdiction advice are increasingly struggling to serve internationally mobile clients operating financially across several countries simultaneously.”
Financial advisers are facing rising demand from individuals with international assets, overseas pensions, multinational business interests and complex tax exposure spanning jurisdictions including Canada, the US, the UK, the Middle East and Asia.
Canada itself has become an increasingly attractive destination for globally mobile professionals, entrepreneurs and international capital.
The Greater Toronto Area alone generates approximately one-fifth of Canada’s GDP and Toronto itself remains the country’s dominant banking and capital markets hub, reinforcing its growing importance in international wealth management.
deVere Group currently oversees more than $14bn under advisement through its international network spanning Europe, the Middle East, Asia, Africa and the Americas.
Josh Taylor, CFO of deVere Canada, says Canada represents a strategically important market within the company’s broader international growth strategy.
“Canada sits at the intersection of global capital, migration and wealth creation, making it a highly compelling long-term market for deVere.”
James Green explains the launch reflects a profound structural shift taking place across global wealth management.
“Canada continues to attract globally mobile professionals, entrepreneurs and internationally connected families, while Toronto has established itself as one of North America’s most important financial centres.
“Clients increasingly hold assets, pensions, investments and financial obligations across multiple jurisdictions, creating growing complexity around taxation, retirement planning, protection and estate structuring.
“Demand for internationally coordinated financial advice is accelerating rapidly as clients seek integrated planning across borders, currencies and regulatory systems.
“Securing our Ontario licence is a major milestone because it establishes deVere in one of the world’s most respected financial jurisdictions at a time when international financial planning has never been more important.”
The Toronto-based operation will initially focus on insurance and protection planning while supporting broader international wealth structuring needs for clients with global interests and international exposure.
Josh Taylor adds: “This license is the first provincial license with continued expansion planned across Canada towards the back end of 2026 and into 2027.”
Brent Weaver, Chief Commercial Officer of deVere Canada, says the Toronto launch further strengthens deVere’s international advisory infrastructure.
“Toronto is a natural location for our continued international expansion and an important addition to deVere’s global advisory network.”
deVere’s Regional Director, James Green, concludes: “Well-regulated, politically and legally stable, and internationally connected jurisdictions such as Canada are becoming increasingly attractive to globally mobile wealth amid rising geopolitical and economic uncertainty.
“The company says recruitment is already underway as deVere Canada scales operations in Ontario and expands its presence across the Canadian market.”
