AFS launches adviser club
Australian Financial Services (AFS) is claiming a first for a dealer group, by set-ting up an initiative aimed at filling the gap between a planner’s technical prowess and the day to day running of a successful business.
Australian Financial Services (AFS) is claiming a first for a dealer group, by set-ting up an initiative aimed at filling the gap between a planner’s technical prowess and the day to day running of a successful business.
The 21st Century Advisers Club will provide training for AFS paraplanners (and those relatively new to the financial services industry) which isn’t covered by DFP subjects. According to AFS spokesperson Steve Griffin, the club will focus on de-veloping business management, marketing and communication skills.
“The DFP doesn’t teach you any of that,” Griffin says. “If planners can’t sell their plans, they’ll starve.”
In March this year, a two day conference will be held for members. Three one day training days will be held throughout 2000. Griffin says the group is still working on the agenda for the training days.
However, while he describes the initiative as being part of the group’s commitment to “providing back office value add-ons” for its 90 proper authority holders, it will come at a cost. Would-be members will have to come up with a $1500 one-off fee which will show their commitment to the scheme, Griffin says.
Recommended for you
High-net-worth advisers seeking to grow their businesses are likely to find alternatives to be a key part of the puzzle amid investor demand, according to Praemium’s head of private wealth.
The financial advice profession has lifted back above the 15,500 mark this week thanks to a double-digit net rise in adviser numbers, according to Wealth Data.
A closer watch on licensees that fall short on cyber security protections is among a dozen new enforcement priorities announced by the corporate regulator for 2025.
Research house Morningstar has welcomed a new director for manager research to cover Australian and New Zealand fund managers.
