An online training program to help college students, new advisors and career changers enter the financial planning field is open for applicants through May 24.
The program, called The Externship, now in its fifth year, is led by Hanna Moore, CFP, creator of Amplified Planning, which runs the program. It costs $350 and runs June 3 through July 26.
Amplified Planning says it's also working with financial planning and RIA firms to strengthen their training and internship programs and has launched the Internship/Externship Program to help firms improve their summer internship efforts.
"I often hear people in the profession say that we have a talent shortage. What I would say is that we actually have a training and retention problem," Moore, who also is the owner and principal financial planner at Guiding Wealth, said in a statement.
"The talent is out there. Many different kinds of people have a strong desire to join this profession," she said. "But the same old ways of recruiting, training, and retaining will produce the same old results. After four years and 3,200 alumni, I can say with confidence that The Externship is a game-changer."
