Schroders Personal Wealth (SPW) has launched its adviser academy in London with an intake of 20 trainees.
The academy is an 18-month programme designed to give candidates the qualifications and skills needed to become personal wealth advisers.
The programme is supported by the Chartered Insurance Institute (CII). All candidates will sit their exams with the professional body, starting with R01 and progressing through to a full Diploma in Regulated Planning.
Once the programme is complete, the academy trainee advisers will be supported by SPW to continue their professional development and progress towards chartered financial planner status.
Address national need
Tom Horan, head of adviser development at Schroders Personal Wealth, said: “This is another key milestone for the business. Given the current economic climate the need for high quality financial advice has never been more important.
“The launch of the academy not only plays a big part in growing our business it also helps to address a national need to repopulate the wealth advice sector.
“We are committed to training the next generation of advisers and want to support those who are changing careers and entering financial planning.
“We will be looking to increase the number of intakes into the academy next year and launching this in different locations throughout the UK to continue our commitment in this space.”