No More Practice has launched a new financial services training and education division that will offer online education services as well as live event education services, through its 20,000 strong community.
The move is in response to strong demand from the No More Practice community, with a recent survey indicating over 55% are interested in ongoing practical educational programs that expand on the growth and succession issues in the series.
The new division will be led by industry veteran Garth Hehir, who joins No More Practice with a long history in the financial services education sector, having previously worked for AIFA Group, Kaplan, FINSIA and The Securities Institute.
With over 20 years’ experience in the financial services education sector, Garth brings a deep insight to the needs of educators; specifically a knowledge of the regulatory issues underpinning training, course content, education logistics as well as the processes required for delivering accredited education services and training to large institutions.
Garth has a passion for education summed up by his belief that: “At No More Practice I believe we have the vehicle to deliver education that is entertaining, relevant and accessible to working financial services professionals.”
Garth also believes that “education needs to be entertaining and fun, as well as accessible. For end users, be they individuals or large companies, being accessible increasingly means being both financially accessible and geographically accessible.”
Vanessa Stoykov, founder of No More Practice (and CEO of evolution media group) said: “Education is going through a revolution – and we believe the best way to learn is by providing an entertaining experience that engages those who are learning. People learn more when they are in an open frame of mind, and this happens best when they are being entertained. Our mission for No More Practice is to create entertaining and engaging training, as well as partner with others who are also offering best of breed services.”
Having created a number of online content and education franchises, such as No More Practice and The Bottom Line (a JV with CPA Australia), Vanessa understands the value drivers of financial services professionals.
“The number one issue for customers is that education services must be available anytime, anyplace and anywhere, and at a reasonable price.”
According to Vanessa Stoykov, the addressable market for No More Practice’s Financial Services Education & Training Division in Australia comprises advisors, planners, accountants, mortgage and credit brokers.