Santander Asset Management and independent brokerage firm Capital Strategies have joined forces with the European Financial Planning Association (Efpa) of Spain to improve the qualifications of financial advisers in the country.
Both firms will help support conferences and seminars, as well as the training of Efpa Spain members who look to renew their qualifications and professional certifications.
The partnerships will also help improve adviser knowledge in the area of portfolio management.
In a statement on its Spanish language website, Josep Soler, Efpa Europe adviser and executive delegate of Efpa Spain, said: “These agreements will help us to continue working to promote the maximum qualification of the advisers.
“Since the start of Mifid II, we are in the right place to make a qualitative leap in the service we offer our clients, advocating professional management and maximum transparency.”
Highest industry standards
Miguel Ángel Sánchez Lozano, chief executive of Santander Asset Management Spain, said: “Our goal is to offer the most appropriate qualification in each of the professional fields, with the commitment to adapt this training continuously to the evolution of the highest industry standards and regulatory requirements.”
Daniel Rubio, chief executive of Capital Strategies, added: “With this agreement, we make available to all Efpa professionals some of the best products in each asset class and we offer investment proposals that help them achieve their risk and profitability objectives.”
Efpa Spain now has partnerships with 75 financial entities.
