Genesys to expand university involvement
Andrew Creaser
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.
AUTHOR
Mike Taylor
Recommended for you
A quarter of advisers who commenced on the FAR within the last two years have already switched licensees or practices, adding validity to practice owners’ professional year (PY) concerns.
Integrated wealth and financial services group Rethink has launched a financial planning arm called Rethink Wealth to expand beyond property investing and into holistic wealth management.
While adviser numbers continue to slowly creep back up, the latest Wealth Data analysis reveals they would actually be in the green for the calendar year if it weren’t for so many losses in the limited advice space.
Iress has appointed a chief AI officer to spearhead the fintech’s strategic focus on AI, with chief executive Marcus Price describing how the technology opens the doors to a “new frontier for wealth advice”.
