The financial adviser school has been established to help attract, nurture and develop the next generation of professional financial advisers. Students will benefit from a clear career path through a programme that encompasses both practical business skills training and qualifications support.
This will enable students to acquire the technical competence, business acumen and people skills to become successful and well-rounded professionals. Training is delivered through a combination of virtual and face-to-face learning support.
The initial pilot phase will train 15 students up to full competent adviser status and QCF Level 4 standard within 18 months. Potential candidates will be put through a robust selection process to assess their aptitude, commitment, experience and qualifications held. Assessments will take place in May, with successful students joining The Financial Adviser School in June.
Once the first phase begins, work will commence on further intakes of new students and this will see student numbers steadily increase over the coming years.
Ivan Martin, Sesame Bankhall Group’s executive chairman, said: “The lack of clear entry routes and career paths for people coming into our profession is a real issue and The Financial Adviser School delivers a practical solution. We will be equipping people with the all round skills to become the advice professionals and entrepreneurs of the future. It is this holistic approach that really sets The Financial Adviser School apart from many other industry initiatives.
“We are working closely with our members to build a vibrant and prosperous future for our profession. We will be looking to place graduates of The Financial Adviser School with adviser firms, offering our members a route to help grow their business and put succession plans in place, whilst saving significant amounts of time and money on recruitment. Working together we will ensure that people continue to benefit from expert financial advice for generations to come.”
IFA firm The Chester Partnership has been actively involved in the development of The Financial Adviser School.
Director, Steve Riddiough, added: “It’s a pleasure to be associated with such an exciting initiative and the whole industry should recognise Sesame Bankhall Group for their incredible effort to get the School to this point. For too long now the question has been who would step forward and offer new people the support and guidance needed to create the next generation.
“Sesame Bankhall Group is ideally placed to fulfil this role and over the last 18 months its team has used their skills, knowledge and experience to build a top quality training academy. The Financial Adviser School recognises all the vital elements that are needed and incorporates them into a joined up programme that I believe will enable people to fulfil their potential as modern professional advisers. Students can commit to this programme with absolute confidence in their future success.”
