Raymond James has launched a new program that aims to attract and train professionals who are interested in exploring a career as a financial advisor, according to a company release.
The Wealth Management Associate Program (WealthMAP) is designed to provide an opportunity for aspiring financial advisors who want to gain more industry experience and knowledge before joining the firm’s formal new advisor training program, the Advisor Mastery Program (AMP).
The two-year program prepares candidates to earn their Series 7 and Series 66 licensing and develop real-world financial planning skills through hands-on experience and home office training, branch and group coaching, and wealth planning and technology support, according to Matt Ransom, vice president of new financial advisor. Successful program graduates will transition immediately into AMP.
“We have seen tremendous results with our advisor training programs, and we look forward to continuing to attract and prepare candidates for successful financial advisor careers through WealthMAP,” said David Patchen, senior vice president of private client group education and practice management.
In addition to WealthMAP, the firm offers a Registered Associate Mentoring Program, which helps prepare registered associates who are interested in becoming financial advisors to enter AMP.