Advice tech company Asendium has announced a collaboration with the University of Technology Sydney (UTS) tailored towards its Master of Financial Planning students.
Asendium said it will provide UTS Master of Financial Planning students with hands-on experience with financial advice technology and “real-world experience in creating financial advice”.
The company said the goal of the collaboration is to show students what technology and skills they need to succeed and provide a deep understanding of the industry before they put their knowledge into practice.
“We are thrilled to be collaborating with the University of Technology Sydney (UTS) to promote financial planning education and give students the opportunity to gain hands-on experience on the technology used in the industry,” said Asendium chief executive Scott Miller.
“Our goal is to give students exposure to the skills and experience they need to succeed in the industry, and we believe that this collaboration is an important step towards achieving that goal.”
Dr Danny Yeung of the UTS Business School said this collaboration will provide students with valuable hands-on experience and expose them to the latest technology in the industry.
“We are confident that this will not only enhance their education but also give them a competitive edge when they enter the job market.”
Asendium added that “promoting financial planning education and providing opportunities for students to gain critical experience in the financial planning industry” is a key focus so that students can make a positive impact on the industry after they graduate.
Mr Miller recently appeared on an episode of the ifa podcast, where he talked about how Asendium is addressing the personalisation and management of statements of advice, and how the firm will cater to 16,000 advisers who all want different strategy wording and template changes.
“We have digitised and stored all the strategies ready to be retrieved based on the individual circumstances from that Asendium login. Once you can configure your SOA and how you deliver advice into Asendium, even if it’s 16,000 different ways, one for every planner, we can handle that; we do that through our SODA system as we like to call it,” Mr Miller said.
To hear more from Mr Miller, click here.
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