Launch of Financial Adviser Development Academy Transforms Industry Entry Routes

The Financial Adviser Development Academy, launched by Deb Gayen Baggette + Co Wealth Management, seeks to revolutionize the financial planning profession by providing an alternative route to becoming a Chartered Financial Planner, bypassing traditional university routes. Chloe Blackmore, 19, has become the first trainee, joining the academy after an internship at the firm during her T-Levels in accounting and finance at Poole High School. This initiative aims to attract diverse talent and address the industry's lack of representation from women, with only 16% of UK financial advisers being female.

Key Takeaways:

• Deb Gayen Baggette + Co Wealth Management has launched the Financial Adviser Development Academy, offering a structured path to become a Chartered Financial Planner without a university degree.
• Chloe Blackmore, 19, is the first trainee, who joined the academy after an internship at the firm during her T-Levels in accounting and finance.
• The academy aims to attract empathetic, ethical, and passionate individuals who want to help others, and Chloe Blackmore embodies this ideal.
• The initiative addresses the lack of women in the industry, with only 16% of UK financial advisers being female.
• With only a few visible female IFAs, Chloe Blackmore hopes to inspire more young women to consider a career in financial planning.
• Her formal study starts in September, alongside four days of work each week, with a structured program to become a Chartered Financial Planner.

Statistics:

• Only 16% of UK financial advisers are women.
• The Financial Adviser Development Academy aims to attract talented individuals from diverse backgrounds and pathways.
• Chloe Blackmore is the first trainee in the Financial Advisers Development Academy.
• The academy offers a structured path to becoming a Chartered Financial Planner.
• The initiative aims to continually attract talented people from different backgrounds.