IOOF is pleased to announce the creation of the IOOF Advice Academy and appointment of industry expert Dean Lombardo to establish and lead this business.
“As one of Australia’s leading financial advice businesses, we are pleased to be investing in the continued improvement in the quality of advice in Australia – for the benefit of all Australians and helping our partner advisers build higher quality businesses”, says Renato Mota, IOOF’s Group General Manager – Wealth Management.
“Placing the needs of investors at the heart of how we think about creating value for our advice partners is driving our investment in goals-based advice and complements IOOF’s open architecture view of enabling quality advice.”
Dean Lombardo, having extensive experience within the advice industry as a business owner, executive, consultant and coach, has formally joined IOOF after running a pilot program for the last 24 months with IOOF’s Consultum advice business and working closely with other parts of IOOF.
“The success of the pilot program has given us confidence that investing further to make a formal program available to Australian advisers will greatly benefit the whole industry”, comments Mota.
“Our vision is to create an environment where ongoing financial planning relationships deliver continual mutual value and enable clients to live their ideal lives and be free of financial concern”.
The IOOF Advice Academy will be the pre-eminent training and coaching resource for the financial planning industry, delivering an objectives & outcomes based client engagement model supported by integrated advice philosophies and a methodology for evaluating client progression.
It will support advice businesses by providing an end to end client engagement model delivering an effective front office and efficient back office. This enables advisers to deliver consistent advice and education supporting the ongoing behaviors required to increase the client’s probability to success. The results are increased client satisfaction and retention, increased adviser satisfaction and increased profitability levels.
IOOF will be releasing more information on the IOOF Advice Academy in the coming months.
