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DeVere’s CEO cashes in final stake in STM

Founder and chief executive of deVere Group, Nigel Green, has sold his remaining 2% stake in the specialist Qrops provider STM Group.

Green bought a 24% stake in STM as part of a £1.59m purchase of shares in the company in 2012. In 2014, he relinquished his majority stake of more than 6.7 million shares, and has been reducing his holding ever since.

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About International Adviser

As well as all the regular news and features, the July/August edition of IA continues our quest for raising the bar of professional standards as we profile Jocelyn Wright, who runs Ascension Wealth Management in the US city of Philadelphia. She makes the urgent point that there are not enough people in the financial advisory space who reflect the wider community.
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