BNY Mellon IM also joins EFPA Spain for advisory boost

Eugenia Jiménez
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BNY Mellon Investment Management has been the latest to confirm its partnership with the Spanish delegation of the European Financial Planning and Advisory Association (EFPA) for the boost and promotion of the training for financial advisers.

The deal implies the launch of various courses and conferences aimed at preparing advisers for obtaining the certificates of European Investment Assistant (EIA), European Investment Practitioner (EIP), European Financial Adviser (EFA) and European Financial Planner (EFP).

Through the partnership, BNY Mellon IM will join all those actions supporting EFPA Spain’s certification task, while EFPA will support BNY Mellon in the boost and expansion of those initiatives aimed at promoting financial education.

Following the agreement, EFPA Spain has 58 corporate partners including some of the main banking entities and asset managers with national and global funds such as Quaero Capital or 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.”

Sasha Evers, general director of BNY Mellon IM for Iberia, added: “The best way we can contribute with EFPA Spain is by offering them our specific knowledge and expertise provided by our boutiques.”

US asset manager BNY Mellon IM – with €1.58bn in assets under management as of the end of 2017 – offers its clients a wide range of products managed by 12 different boutiques, of which 9 manage BNY Mellon Global Funds range, distributed in Spain.

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