AFA launches adviser bootcamp


The Association of Financial Advisers (AFA) has announced the launch of its latest initiative, the AFA Community of Practice Engagement Bootcamp, in an attempt to emphasise its message of adaptive change.
AFA president Deborah Kent said that the association was focusing on adaptive change and encouraging members to unite to help positively influence the future for planners and advisers.
"These initiatives will drive the policy, professionalism and member engagement activities of the AFA for years to come," she said of the AFA bootcamp.
"It shows that developing the solutions for the future must come from the real world experiences and experimentation of today's advisers."
A total of 50 practitioner members of the AFA would participate in the bootcamp, which would take on the form of a leadership training and planning ‘symposium', and would help build the AFA engagement strategy for the coming 18 months.
AFA chief executive, Brad Fox, said: "Adaptive change is a framework that recognises the paradigm for providing financial advice has changed through legislative, political, societal, economic and technological forces".
"It shows that developing the solutions for the future must come from the real world experiences and experimentation of today's advisers."
The AFA recently saw a 60 per cent growth in membership, while a total of 93 per cent of the 1,600 advisers present identified themselves as optimistic about their future in the industry at a recent roadshow.
Recommended for you
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rules.
Insignia Financial has experienced total quarterly net outflows of $1.8 billion as a result of client rebalancing, while its multi-asset flows halved from the prior quarter.
Prime Financial is looking to shed its “sleeping giant” reputation with larger M&A transactions going forward, having agreed to acquire research firm Lincoln Indicators.
An affiliate of Pinnacle Investment Management has expanded its reach with a London office as the fund manager seeks to grow its overseas distribution into the UK and Europe.