New website for Academy that Fast-Tracks brokers into Financial Planning Qualifications

Posted by LC Team, Thursday, June 4, 2009

Wealth Today AcademyWealth Today has cemented its position in the market place by launching a web site (www.Wealth2dayAcademy.com.au) dedicated to their broker-focused Academy.

With video testimonials, a comprehensive breakdown of the Academy’s components and an insight into how the training can impact upon brokers’ service offerings, its quite apparent that this Academy is the future for brokers who want to grow their business and escape the limitations of the industry as it is today.

The web site launch follows the company’s announcement last month of a joint-venture relationship with AAMC training group. The partnership enables Wealth Today to provide finance brokers across Australia tailored Diploma of Financial Services training. In addition, brokers completing the Academy are given very specific training on how to help their clients own their home faster, and also how to integrate their new services into their business and develop it into multiple additional revenue stream.

Wealth Today Managing Director, Dr Tony Pennells pointed out that “by graduating from the Wealth Today Academy, brokers can earn an extra five to seven income streams alongside their current mortgage broking business.” Broker-Advisers also have the opportunity to work with Wealth Today alongside their current aggregation contracts.

When taking into account the back office, paraplanning and administrative support Wealth Today is offering graduates who choose to align with the company, the model appears to be the ultimate multi-aggregator diversification system for mortgage brokers. As a broker, you secure a suitable loan product for your client, it is approved and the transaction ends. But the fact is, as soon as that loan is approved, the client wants to get rid of the loan and this is a lost business opportunity for regular brokers.

Dr Pennells explains, “For a Wealth Today broker-adviser, finding the right mortgage product is just the beginning of far more comprehensive and rewarding relationship with their client.”

That relationship is rewarding for both the broker and the client. It means a client can acquire their home loan then immediately develop a plan to pay it off significantly sooner, with the appropriate insurances in place and all while working with the one person. It’s a commitment to customer service rarely demonstrated in the finance industry.

If you’re a broker wondering what your future holds in store, check out www.wealth2dayacademy.com.au . You’ll find a very good one starts right there.

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5 Comments

Steven June 4, 2009

god help us. labouers converted to brokers now thinking they are financial planners a dream come true for the legal boys. You can just hear the complaints from clients now.

Zodiac June 4, 2009

I’ve been overseeing people doing their tests into becoming a FP.

it is not that hard - 5 hours of testing with about 40 questions. Open book. Not hard. FPs coming in - base salary - $70k pa (thanks very much!)

Agree Steven, its easier to become a MB but watch this space - the FPA is going to eat up the MFAA and FBAA in time.

Specialise June 4, 2009

Here’s the pitch… “Can’t make ends meet being a broker?”, “no clients to service and plenty of free time on your hands” … so, what are you waiting for … “escape the limitations of the mortgage industry” and become a Financial Planner?

Geez, where’s the wisdom of employing a specialist for your clients gone? Should I also be an accountant because I can use MYOB?

storm June 4, 2009

This sounds alot like the storm financial model and look what to there clients. There is alot of risk about borrowing money against property to be placed into shares and it takes an experienced professional who can recommend this strategy as for the wrong investor it is dangerous.

Jacquie June 4, 2009

Everyone has a right to an opinion, and everyone has a right to get on their soap box and rant….
Though wouldn’t it be nice to have an educated opinion on the issue? Someone that has actually been through the academy? There’s so much negativity in the industry, and most of it from people without the full story, or those that aren’t willing to put themselves out to get the true picture - just relying on bits of whingeing information and taking it for gospel as encompassing the entire industry, rather than just parts.

Yes the finance broking world has previously allowed inexperienced “anybodies” from completely different industries to enter the profession, but with the introduction of National Licencing this will help cull the the people that just don’t have the right qualifications - about bloody time they followed WA’s lead…

The Wealth2Day course provides fantastic education and compliance procedures etc are taught. A multitude of back-up resources and checks are in place so clients aren’t left to rogue idots who ruin it for everyone else.

What happened to dealing with a specialist you say? What’s more “special” than one person you can trust for all your finance needs, without having to go to so many different people and telling them pretty much the same story over and over again? As a Broker of 9 yrs (licenced for 4) I get clients asking me time and time again if I can take care of other financial needs. I’ve built their trust, rapport, and have proven I’m capable of doing he right thing for them. A further qualification shows I’m dedicated to helping them achieve their financial goals - and not happy to palm them off to someone else who may (as it sounds above) be an old stodgy rigid closed-minded individual who’s not prepared to develope their skills to better their clients needs.

Stop the gossip whinging, and get educated on the full aspects of the situation…

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