Bankhall launches business development workshops

The one-day programme is designed for all firms regulated by the FCA across pensions, investments, mortgages and protection.

The workshop will outline how advisers can develop their goals and objectives as well as exploring opportunities for growth, giving consideration to business models, client segmentation, succession planning and adviser recruitment.

Bankhall will also discuss mergers and acquisitions activity, along with opportunities for business owners to invest in their firm.

The workshops will run between the 8th and the 30th of May at venues in the East Midlands, South East, Northern Ireland, Scotland, Yorkshire and the Humber, and the North East.

Ross Liston, managing director at Bankhall and PMS, said: “Advisory firms are dealing with unprecedented levels of change as a result of shifting customer demands, rising regulation and the need to embrace technology. Meanwhile, topics such as adviser recruitment and succession planning have risen in importance.

"We want to help firms select the business development path that’s right for them. Setting out a clear vision and considering the opportunities for new business growth, combined with an effective implementation plan, will help firms to take control of their destiny and achieve their future objectives.”

Bankhall’s head of adviser learning, Justine Paul, added: “Many financial advice firms want to grow their business, but turning that ambition into reality is easier said than done. It means busy advisers investing time away from the day-to-day business to analyse their current and future strategy.

"Our new workshop gives business owners the practical building blocks they need to help formulate the right business development plan for them. This will ensure advisory firms remain relevant to their clients and in control of their future strategy, so they are successful long-term.”