Quilter Financial Adviser School head Darren Smith has left to pursue a career in consultancy, focusing on the voluntary industry.
Darren Smith was at the helm of the adviser school for almost six years, leading a 15-strong team that will now be led by Scott Stevens, until a successor is found, FTAdviser reports. Stevens joined Intrinsic in April as director of adviser recruitment and acquisition.
Quilter's advice arm Intrinsic acquired the Financial Adviser School from Sesame three years ago. It currently has more than 330 students and graduates.
The financial services sector needs to work together to bring as many new people, from various backgrounds, into our industry as possible"
Intrinsic funds a 58-week training programme through the Quilter Financial Adviser School to get more get more advisers to join its ranks. The course includes specific Intrinsic training throughout the core QFAS programme and means advisers will be trained on Intrinsic systems and processes.
It is open to any student who will become a restricted financial planner within the Intrinsic network and remains for two years once they have qualified.
Last September, the advice school rebranded and expanded its offering by giving students the opportunity to complete the level 6 financial advice qualification to become Chartered and obtain their Advanced Diploma.
At the time, Darren Smith said: "The financial services sector needs to work together to bring as many new people, from various backgrounds, into our industry as possible.
"95% of students who go through the school remain within the industry as either a mortgage adviser or a financial planner. The new Intrinsic specialised course, combined with our whole of market course, has the power to substantially increase the number of people entering the advice profession."
Both Intrinsic and the Quilter Financial Adviser School are owned by parent company Quilter, formerly Old Mutual Wealth, which split from overall parent Old Mutual.