Macquarie Private Wealth launches training for advisers
Macquarie Private Wealth has launched a training and education program for its advisers, which the group says will provide support in client service and business development.
The training program is based around five areas, such as technical and product, practice development and professional development. It will be available to Macquarie’s advisers around Australia.
Head of Macquarie Private Wealth, Eric Schimpf, said the program would be delivered through both face-to-face seminars and a webinar series.
“In the environment financial advisers are operating in today, ongoing professional and personal development is a crucial part of growing an advice business,” Schimpf said.
“Not only due to regulatory reform, but also because clients are demanding more from the advice they receive,” he added.
The group said the technical training focused on ensuring advisers got everything out of technology, while the seminars would offer education on product types and structures, as well as specific market sectors and industries.
Required learning and compliance focuses on risk management activities, while practice development looks at ways to help the advisers to grow a successful business, Schimpf said.
Macquarie is the latest institution to launch a training program for its advisers, with MLC, Colonial First State (CFS Institute of Advice), AMP and other major instos already running such activities.
Recommended for you
Channel Capital has appointed a head of investment oversight who joins from 14 years at asset consulting firm JANA Investment Advisers.
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
