Alisdair Barr

BT is the latest major financial services players to partner with Striver, further backing the recruitment work being conducted by the firm led by founder Alisdair Barr.

The Panorama developer cited the advice profession’s talent shortage as the catalyst for  collaboration, following through on CEO Matt Rady’s intention to further enable the financial advice profession.

During the last decade, Striver has delivered speed networking sessions to put junior talent in touch with organisations as part of a broader suite of to engage potential talent to the financial advice profession.

The partnership will include more than 20 events across the country with two virtual speed networking events being held in Sydney and Brisbane, resulting in 85 first-round job interviews for new entrants.

Striver founder Alisdair Barr tells Professional Planner the organisation continues to hold conversations with major players in the industry about how they can participate in the drive to attract new entrants.

“We went around to all the contributors to the profession and broader wealth management industry,” Barr says.

With financial advice competing with other professions for talent at the early stage of the pipeline, Barr has led the outreach for the profession.

“We’re out at universities all day, every day, jumping up and down, really being positive about the opportunities because we know how great it can be and what a difference it makes,” Barr says.

“Being able to pull our partnerships together to be able to say what can the participants in the profession do to give us more and more firepower to do more of what we do.”

The conversation with BT started through the distribution and marketing channels, with senior executive leadership later coming on board.

“BT was really excited about that and is on the same page with what our cause and purpose is and they want to be supportive of the profession,” Barr says.

BT chief executive Matt Rady says the collaboration with Striver takes what the firm is currently doing to the “next level” by incorporating education channels like university programs and online training and mentoring for existing advice staff.

“These activities, along with the speed networking events we are holding with Striver, help to ensure there is a strong pipeline of talent in the advice industry, to service the advice needs of Australians,” Rady says.