The Spanish delegation of the European Financial Planning and Advisory Association (EFPA) has partnered with US financial company Capital Group to promote continuous training for advisers who hold the certificates of European Investment Practitioner (EIP), European Financial Advisor (EFA) and European Financial Planner (EFP).
Through the agreement, Capital Group will join those actions supporting EFPA Spain’s task of certification while EFPA will support the US financial group to boost and expand those initiatives aimed at promoting financial education.
EFPA Spain has now 56 corporate partners – including the main banking entities and asset managers – following the collaboration agreement with Capital Group.
Carlos Tusquets, chairman of EFPA Spain, said: “This agreement will enable us to increase forces for promoting optimal financial advice. With the entry of Mifid II into force, it has become essential for professionals of the industry to be continuously trained in order to provide the best service to clients.”
Mario González and Alvaro Fernández, head of Iberia distribution at Capital Group, said: “Capital Group’s long financial advisory experience has demonstrated us that advisers play a key role when orientating investors to reach their investment goals, especially helping them to make the right decisions in tough times.”
Capital Group launched an office in Spain three years ago, but it started investing in the Iberian country for decades. Now, it has become the first international manager signing this agreement in 2018.