South African IFA firm kicks off adviser internship programme

Cape Town-headquartered IFA firm Carrick Wealth has launched an internship programme for university graduates as part of the Carrick Development Academy (CDA) Graduate Programme.

South African IFA firm kicks off adviser internship programme

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According to the firm, it recruited 28 “high achieving” university graduates across South Africa, after a rigorous recruitment process – all of whom have enrolled on the Carrick’s 2017 foundation training course.

Seven of those enrolled are women, said the firm.

The course kicked off earlier this month with a week-long team building event in Johannesburg, said Carrick.

After completing the induction, the graduates will now start a 12-month internship, after which they will be able to pursue careers as “fully fledged financial advisers” in one of Carrick’s offices across South Africa.

The programme consists of modules in public speaking, presentation skills, life and basic management skills, planning and leadership.

It is divided into four quarters and is focused on personal ability, high performance team work, extracting value through specialisation and the associate transition process.

“The goal for each student is to work towards becoming certified financial planner by completing their regulatory exams with the Financial Services Board as well as achieving international accreditation with the Chartered Institute of Securities and Investments (CISI),” said Carrick in a statement.

Invictus Academy

Last November, Carrick said it was expanding its flagship Invictus programme, a training academy launched earlier in the year aimed at the company’s would-be advisers.

The firm, which recently opened a new office in Botswana, launched the academy in January with just 10 recruits, and has now decided to expand the programme from January 2017 by giving 32 graduates the chance to train as a financial adviser