Kristen Kimmell, Advisor Group’s executive vice president for business development, said in a statement, “It is a dynamic time in the independent wealth management industry, in which advisors’ needs are evolving as quickly and continuously as those of their clients.”
The advisor network also has created two new training programs.
The company is piloting Financial Planning Jump Start, a six-month curriculum in collaboration with Advanced Planning Educational Group, which is aimed at training early-career advisors in the basics of financial planning. The program shows new advisors how to introduce financial planning into client relationships, as well as how to execute a plan and communicate with clients on progress towards defined goals. The course will be both in-person and virtual, Advisor Group said.
Advisor Group also announced the expansion to all of its network firms of the Behavioral Financial Advice Training Program, which previously was available to advisors at the former Ladenburg Thalmann subsidiaries Securities America and Triad Advisors. The program offers training in the fundamentals of behavioral finance and the application of its key tenets to the delivery of advice.
“The goal of the program is to enable advisors to improve client decision-making through a rational, values-based approach while guiding them through preparations for unplanned life events,” Advisor Group said.