Advisers embracing more education
Financial advisers are embracing education reform and the quality of further qualification, Kaplan Professional believes.
Speaking about Kaplan's first Master of Financial Planning graduates, Kaplan Professional chief executive, Brian Knight, said he was delighted so many individuals were undertaking the qualification.
"The groundswell in number of enquiries and those currently studying only affirms that advisers really believe in backing up their practical experience with formal education to strength their reputation and ultimately deliver better advice to their clients," Knight said.
The first nine graduates of the program started in early 2014 and there are 350 individuals currently enrolled in the program.
"It is an exciting time for our industry because consumers, regulators, and the majority of advisers support the push for higher education standards and we're proud to be a part of that," Knight said.
"…the consumer of the future will want to know the education level of the adviser they entrust to help achieve their financial future."
Strategic Wealth Planners senior financial planner and Master of Financial Planning graduate, Robert Dekkan, said his 15 years of experience alone did not impress or amount to the ever-changing world of financial planning.
"Kaplan Professional has provided me with the framework to learn, question, implement, and advise through the master's degree that has not only significantly expanded my knowledge, but made me a far greater thinker and strategist, which has ultimately benefited by 1,800 or so clients," Dekkan said.
Recommended for you
Insignia Financial has returned to profit in FY25, after a $185 million loss in the previous year, while its advice division grew their revenue per adviser by 14 per cent.
With licensee switching on the rise, particularly for newer advisers, compliance expert Sean Graham has shared red flags to watch out for when making the jump between AFSLs.
Beyond their investment benefits, over a third of advisers say utilising managed accounts solutions has allowed them to take on more clients, according to Praemium.
Insignia Financial’s wrap platform has appointed Heidi Press, former HUB24 head of product management, to spearhead the design and delivery of the MLC Expand platform.
