Wellington-based institutional financial education provider, Dynamique, has launched a new program aimed at the retail market.
Guy Dobson, Dynamique managing director, said the ‘Get ahead in wealth management’ series should appeal to a wide range of investors and professionals.
“This program is designed for all wealth management clients who may need more information and education than the financial adviser, fund manager, bank etc can or wants to offer,” Dobson said. “The market for a flexible, up-to-date (quarterly updates) independent investor 101 trainer is considerable.”
For example, he said the course would suit KiwiSaver members looking for more detail beyond that offered by the Sorted and NZX websites as well as “keen to learn Mums and Dads”
He said the program, which offers up to two hours of structured learning towards continuing professional development (CPD) obligations, was also targeting professionals such as lawyers, accountants and other client-facing people who worked in investment businesses.
Furthermore, Dobson said employers could offer the course as a “value-add HR benefit” while superannuation fund trustees and financial advisory firms may also benefit from providing the program for their respective members and clients.
According to the course marketing materials, the program “may be extremely useful for [financial advice] clients to help them better understand how their risk appetite impacts investment choices” as well as giving insight into the practical investing process.
“We had a couple of AFAs [authorised financial advisers] try it out last year in a lesser format and they thought it was very good,” Dobson said.
The just-launched online course, offered at an introductory price of $75 per annum, covers topics ranging from capital markets basics, bonds and equities, active/passive investing and questions to ask financial advisers.
“We will be continually improving the user experience as we gather subscribers,” he said. “Our aim is to help budding KiwiSavers and investors improve their chances of achieving better outcomes.”