Paradigm has organised a new session dedicated to helping firms either move from appointed representative (AR) to DA status or supporting individuals new to the industry or within advisory practices who wish to go on their own and set up their own DA firms.
Mortgage services proposition Paradigm Mortgage Services will host its direct authorisation (DA) transition workshop in Manchester in July.
Paradigm has organised a new session dedicated to helping firms either move from appointed representative (AR) to DA status or supporting individuals new to the industry or within advisory practices who wish to go on their own and set up their own DA firms.
The event will take place at the Hallmark Hotel Manchester, Manchester Airport on Tuesday 2July. This follows a previous event which took place in London earlier this year.
Bob Hunt,chiefexecutive of Paradigm Mortgage Services, said: “Since we announced the first of these events we’ve had incredibly positive feedback about the day itself and a range of requests to visit new towns and cities across the country to help those local advisers and firms who may be considering their future.
“Our next event will therefore be held in Manchester and we’re hoping a number of firms in the North West will see its value and be able to utilise the information they receive, to plan out their future regulatory approach and work out how they might take their business forward.
“We’re looking forward to meeting advisers and firms on 2July and will continue to meet the clear appetite for such events during the rest of 2019.”
Registration for the event starts at 10am and includes a range of presentations from senior Paradigm staff providing an insight into what is involved in the process, requirements to secure DA status, and the support that can be provided with the FCA application.
There will be presentations from chief executive, Bob Hunt; head of protection, Mike Allison; mortgage technical director, Christine Newell; head of proposition, David Ryder; and compliance partner, Graeme Stewart.
Paradigm said the workshop will increase understanding of what to expect on becoming DA and understanding what to consider when deciding whether it is the right time to become DA.
It said it’ll outline the initial and ongoing costs involved in going DA and show in detail the support that Paradigm can offer.
Those advisers who have previously attended the event have said, “it focused my mind on what was required”, “it demystified some of the anxieties I had”, and “it answered a lot of the questions I had on changing”.
Attendance at the half-day event will be completely confidential and no third-party lenders, providers, networks or support service firms will be at the workshop.
