AllianceBernstein has joined forces with the European Financial Planning Association (Efpa) of Spain to improve the qualifications of advisers in the country.
The firm, which has an office in Madrid, will help support conferences and seminars, as well as the training of Efpa Spain members renewing their qualifications and professional certifications.
The partnership will also help improve adviser knowledge in the area of portfolio management.
In a statement on its Spanish language website, Santiago Satrústegui, president of Efpa Spain, said: “This collaboration with an international firm with asset management experience confirms our full commitment to expand the range of activities to promote the continuous training of advisers.
“This is an area necessary for professionals to comply with regulation, but also essential to provide the customer with the best service.”
Improving adviser knowledge
Miguel Luzarraga, director of AllianceBernstein Spain, said: “Financial advisers are very important since they guarantee that investors understand better what needs they have and where they want to go with their objectives.
“Being part of Efpa helps us not only to approach the advisers, but also to collaborate with them.”
Efpa Spain now has partnerships with 82 financial institutions.
