The Wealthy Advisers Club has launched a membership package combining mortgage and protection technology with adviser training for £297 a month.
The 12-month programme brings together services from six technology providers — Knowledge Bank, Twenty7tec, Mortgage Wallet, The Will Place, Sikoia and Instamo — alongside the club’s existing training resources.
According to the organisation, subscribing to the technology services individually would ordinarily cost almost £1,200 a month, compared with the £297 monthly membership fee.
The package was unveiled at the Wealthy Advisers Club‘s conference at the Kensington Conference & Events Centre in London on 6 October.
The club, which has more than 2,300 members, is seeking to address the cost of technology and training for mortgage and protection advisers, while reducing the administrative demands associated with running an advice business.
TRAINING AND BUSINESS SUPPORT
In addition to the technology services, membership includes access to the club’s Social Media Generator and Terry’s AI, which provides access to training modules and books developed by founder Terry Blackburn.
Advisers will also receive quarterly goal-setting seminars, premium training, additional exclusive modules and complimentary tickets to events.
The initiative is intended to give advisers access to a range of business tools through a single membership arrangement, rather than requiring separate subscriptions to individual providers.
Adam Newman, head of sales at Twenty7tec, said: “Technology should make running an advice business easier, not add another layer of complexity or cost.
“That’s why we’re pleased to be working with Terry and The Wealthy Advisers Club to make our technology more accessible to advisers, alongside the training and support they need to get the most from it.
“This is about giving advisers the tools, confidence and time to focus on what they do best: providing great advice and building successful, sustainable businesses.”
Adrian Richardson, founder of Mortgage Wallet, said the collaboration reflected a shared interest in improving the client experience while helping advisers operate more efficiently.
He added: “We’re delighted to be part of an initiative that gives advisers access to the technology, support and training needed to grow with confidence and deliver an exceptional client journey.”
ADDRESSING ADVISER COSTS
Blackburn (pictured) said the programme had been developed in response to the financial and operational pressures facing advisers, including technology expenditure, training requirements and the need to generate new business.
He said: “We’ve collaborated with six fantastic technology businesses because I want to give advisers across the country access to the tools and support they need to build successful, efficient and sustainable businesses. But for me, this goes far beyond helping advisers increase their income.
“If we can help advisers generate more opportunities, become more effective in client conversations, reduce the time spent on administration and deliver a better service, we can make a genuinely meaningful difference.
“My ambition is to create an environment where advisers have everything they need to succeed, without having to figure it all out on their own.
“Better-trained advisers, supported by better technology, should mean better outcomes for clients and that’s what this initiative is all about.”
