Intrinsic funds next generation of financial advisers

Quilter financial adviser school builds bespoke course


Andy Thompson - Press Releases

Chief Executive Officer

16 October 2018

Quilter financial adviser school builds bespoke course

As part of its commitment to building the next generation of financial advisers Intrinsic is funding an adviser training programme provided by Quilter Financial Adviser School (QFAS).

The 58-week programme includes specific Intrinsic training throughout the core QFAS programme and means advisers will be trained on Intrinsic systems and processes.

The programme is open to any student who will become a restricted financial planner within the Intrinsic network and remains for two years once they’ve qualified.

To help more people get a quick start within the industry FAS will also offer five-day administration training for new entrants so they can work as administrative support before becoming a fully-fledged financial adviser. This will also be funded by Intrinsic for firms within its network.

Andy Thompson, CEO of Intrinsic comments:

“There are just 20,000 financial advisers for over 15 million people in the UK. The only way we can close that gap and widen access to advice is by helping to actively boost the number of advisers. We are thrilled that with this announcement we are able to create a further benefit of network membership for firms and remove a hurdle to them bringing new talent into their businesses.

Darren Smith, head of the Quilter Financial Adviser School comments:

 “The financial services sector needs to work together to bring as many new people, from various backgrounds, into our industry as possible. We are excited that Intrinsic are offering a free course so firms don’t have to worry about their finances when thinking about bringing in new financial advisers.

“95% of students who go through the school remain within the industry as either a mortgage adviser or a financial planner. The new Intrinsic specialised course, combined with our whole of market course, has the power to substantially increase the number of people entering the advice profession.”

For more information contact

Kathleen Gallagher
02380 726293
07990 004932

Notes to editors

Intrinsic is part of Quilter plc, a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc is a leading wealth management business in the UK and internationally, helping to create prosperity for the generations of today and tomorrow.

Quilter plc oversees £116.5 billion in customer investments (as at 30 June 2018).

It has an adviser and customer offering spanning: financial advice; investment platforms; multi-asset investment solutions and discretionary fund management.

The business is comprised of two segments: Wealth Platforms and Advice and Wealth Management.

Wealth Platforms includes the Old Mutual Wealth UK Platform; Old Mutual International, including AAM Advisory in Singapore; and the Old Mutual Wealth Heritage life assurance business.

Advice and Wealth Management encompasses the financial planning network, Intrinsic; Quilter Private Client Advisers; discretionary fund management business, Quilter Cheviot; and Quilter Investors, the Multi-asset investment solutions business.

The Quilter plc businesses are being re-branded to Quilter over a period of approximately two years:

  • The Multi-asset business is now Quilter Investors
  • Intrinsic to Quilter Financial Planning
  • The private client advisers business is now Quilter Private Client Advisers
  • The UK Platform to Quilter Wealth Solutions
  • The International business to Quilter International
  • The Heritage life assurance business to Quilter Life Assurance
  • Quilter Cheviot will retain its name

This press release is for journalists only and should not be relied upon by financial advisers or customers.

Please remember that past performance is not a guide to future performance. The value of investments and the income from them can go down as well as up and investors may not get back any of the amount originally invested. Exchange rate changes may cause the value of overseas investments to rise or fall.

This communication is issued by Quilter plc. Registered office: Millennium Bridge House, 2 Lambeth Hill, London EC4V 4AJ, United Kingdom. Registered number: 6404270.  Registered in England.