Openwork launches fast track adviser programme
Openwork is hoping to encourage financial advice as a second career through its new Academy Fast Track Programme, aimed at helping people with no significant financial services experience.
"Openwork is committed to expanding the capacity of our member firms and making sure they are better able to service the significant unmet need for financial advice."
Through the Academy Fast Track, Openwork member firms can bring a carefully selected individual into their business and develop them into a fully qualified adviser.
The training will involve courses, study days, CII exams, development workshops, knowledge & skills training alongside practical experience gained by working at sponsor firms.
Upon completing the programme, candidates will possess a recognised industry qualification and be a wealth licenced adviser. It is anticipated that candidates will achieve their licence to advise within six months and reach diploma level in 12 months, with the training part-funded by Openwork.
There are ten candidates in the first training intake, including: a mother of three returning to work having previously been in sales, a former England youth rugby player, a PhD, and a qualified chef.
The launch of the Academy Fast Track follows the establishment of Openwork’s ‘Route to Wealth’ programme, which is designed to upskill mortgage advisers to fully qualified wealth advisers.
Mike Morrow, wealth and platform director at Openwork, commented: “Openwork is committed to expanding the capacity of our member firms and making sure they are better able to service the significant unmet need for financial advice.
“The Academy Fast Track will provide participating member firms with conscientious, newly qualified advisers with outside experience, whilst offering the selected candidates excellent career prospects in the financial advice industry.”
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