An adviser training and support service with the ultimate aim to help firms "grow their business and become more profitable" has been officially launched.
The Fidelity FundsNetwork Adviser Foundation, already in use by over 300 advisers, offers to support IFAs through CII Diploma exams and help firms recruit and develop young advisers.
It also offers web tools training and hosts workshops on investment knowledge, as well as summer internships.
Fidelity says the Foundation is two years in the making and has been shaped by discussions with advisers and their firms.
It says it has identified that, while several providers offer training services, rarely are they comprehensive enough in an evolving financial advice landscape.
David Dalton-Brown, head of Fidelity FundsNetwork, says: “The FundsNetwork Adviser Foundation will not be just another online library of documents for advisers.
“In fact, what we will offer is much broader, while specialising in face to face, bespoke training and advice, designed to help adviser firms raise industry standards.”
He adds: “Two years of time and investment has gone into building the Adviser Foundation - crucially, it has been designed with advisers, for advisers.
“Its ultimate aim is to support firms in growing their business and to become more profitable and effective in a highly complex and ever changing financial services market place.”
The Foundation is led by FundsNetwork employee Sara Powell, who has been working as an IFA, and with the Financial Services Skills Council (FSSC), for 20 years.
While already offering Diploma training and support to develop apprenticeships, among other things, FundsNetwork says the Foundation will soon also offer a number of face to face training events that advisers can use to support their business. It says an online technical library will be made available.
Dalton-Brown says: “The Adviser Foundation is key to the evolution of FundsNetwork - this is where we believe the successful platforms are headed – a one-stop-shop for everything from tax wrappers right through to support in gaining qualifications and developing apprenticeships.
“In our view, many of the training offerings we’ve seen launched this year are one dimensional. With the Adviser Foundation, FundsNetwork however, will offer something quite different from the existing training offerings and far more substantial.”
For more information about the FundsNetwork Adviser Foundation, please contact [email protected]
020 7034 2636
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