Bankhall, the professional support service provider, has launched a series of business development workshops for advisers at six venues across the UK.
The one-day programme is being run by Bankhall’s in-house team and is designed for all firms regulated by the Financial Conduct Authority across pensions, investments, mortgages and protection.
The workshop content has been designed to help financial advisory firms establish the business development path that best suits their business and clients, by exploring a range of potential opportunities.
Advisers can earn up to six hours CPD at the workshops, which are CII and IFS accredited.
The content includes: the theoretical basis and practical application of strategy, including an examination of purpose, reason and vision; developing goals and objectives, based on an analysis of the business today; exploring the opportunities for growth, giving consideration to the business model, client segmentation, succession planning and adviser recruitment, including apprenticeships and training; and mergers and acquisitions activity, along with opportunities for business owners to invest in their firm.
Ross Liston, managing director at Bankhall and PMS, said advisory firms are dealing with unprecedented levels of change as a result of shifting customer demands, rising regulation and the need to embrace technology.
“We want to help firms select the business development path that’s right for them. Setting out a clear vision and considering the opportunities for new business growth, combined with an effective implementation plan, will help firms to take control of their destiny and achieve their future objectives,” he stated.