Strategy

Wealth Manager Inducts Graduates Of Training Academy

Robbie Lawther Reporter London 11 May 2017

Wealth Manager Inducts Graduates Of Training Academy

The firm has four regional academies in London, Manchester, Solihull & Edinburgh.

St James’s Place Wealth Management has inducted 35 financial planners into its ranks following their completion of the SJP Academy’s two-year training programme.

After they finish the programme, individuals from four regional academies (London, Manchester, Solihull and Edinburgh) are being offered the chance to become wealth managers within St James’s Place, the firm said in a statement yesterday.

The scheme has already had 250 students graduate, with 200 currently studying on the programmes nationwide. The firm admits that the Academy aims to improve the number of financial advisors in the UK, which the wealth manager says has dropped from 250,000 in 1992 to 23,000 today.

Candidates are said to be from a wide range of backgrounds; some 23 per cent of the graduates are women and the average age of graduates is 39.

More and more training schemes are starting to pop-up around the world as companies are starting to invest in education of the wealth management sector. To see a list of graduate and post-graduate courses in wealth management around the world, click here.

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