GenesysWealth Advisers has added an incentive for people to embark on a financial planning career with the establishment of a graduate scholarship prize at the University of Adelaide.
Announcing establishment of the prize, Genesys said it was aimed at addressing the shortage of skilled financial advisers in Australia and would be awarded to the top graduate in the Graduate Diploma in Global Wealth Management.
Commenting on the initiative, Genesys director Andrew Creaser said the prize was part of a wider involvement Genesys had with the University of Adelaide, with the aim of building greater awareness of the financial planning industry.
“We need stronger links between financial planning educators and our industry if we’re going to seriously address the shortage of advisers in a meaningful way,” Creaser said.
“The graduate prize is one part of Genesys’ wider involvement with the Global Wealth Management degree,” he said. “We provide a guest lecturer for the course and invite students to attend our professional development days.”
Creaser said that following the success of the Adelaide program, the company was looking to expand the initiative to Sydney and Brisbane, hopefully followed by other capital cities.