AFA set to launch mentoring program
The Association of Financial Advisers (AFA) will soon be rolling out its revamped mentoring program in an effort to bridge the gap between its GenXt and more experienced advisers.
The program will include face-to-face mentoring, webinars and white papers on topics such as generating referrals, marketing to a target client segment, handling objections and developing centre-of-influence relationships, the AFA stated.
"Advisers are currently providing financial advice to two in 10 Australians — this simply isn't enough," AFA national GenXt chair Fraser Jack said.
"If we want to see more Australians accessing advice, we have to work together to come up with really great strategies and highly relevant approaches."
Apart from encouraging less experienced advisers in their careers, the AFA said it expected the mentoring program would motivate those with more experience.
The program will launch across the country on 30 May.
Recommended for you
Unregistered managed investment scheme operator Chris Marco has been sentenced after being found guilty of 43 fraud charges, receiving the highest sentence imposed by an Australian court regarding an ASIC criminal investigation.
ASIC has cancelled the AFSL of Sydney-based Arrumar Private after it failed to comply with the conditions of its licence.
Two investment advisory research houses have announced a merger to form a combined entity under the name Delta Portfolios.
The top five licensees are demonstrating a “strong recovery” from losses in the first half of the year, and the gap is narrowing between their respective adviser numbers.
