deVere UK, part of the deVere group, has launched a high net worth division, targeting individuals with over £1m in investable assets. The company is also expecting an increase in its business levels of up to 50% in 2016.

Mitch Hopkinson, who was formerly head of East Midlands and has been promoted to head of advice and will lead the high net worth division of deVere UK.

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deVere managing director Mike Coady said: "Throughout 2015 we have continued to attract so many high net worth clients, it is a natural progression to create a division to serve their often unique and specialist financial planning and wealth management needs."

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