Last night, in an industry first, young professionals gathered to learn how to better navigate "industry headwinds.”
The Young Professionals of Finance PD and networking event welcomed finance professionals aged 35 and under, who were also members of the MFAA, the Certified Practicing Accountants Australia (CPA Australia), and the Association of Financial Advisers (AFA).
The event was held to provide support and education in the face of anticipated regulatory changes, weak property markets, an underperforming economy, and the royal commission; factors that have combined to create a period of uncertainty for those seeking to establish themselves in the industry.
“With so much change occurring we want to do everything we can to support and encourage the next generation of young professionals, while providing opportunities that will empower them to embrace the future with confidence,” event partner, Kaplan Professional’s CEO Brian Knight said.
The guest speaker at the event was Roh Singh who spoke on how to lead with assurance and “master their mindset.”
Young mortgage brokers, financial advisers and accountants were all invited in order to encourage collaboration throughout the financial sphere in what has become a challenging professional environment.
“As a young finance professional and business owner, it’s critical to collaborate with other like-minded professionals across other services to get greater insight into what’s happening in other areas of the industry, to identify potential synergies and build mutually beneficial relationships with experts outside of our field,” said MFAA member Dylan Salotti.
In light of the royal commission, looming regulatory changes, weakening property markets, and the generally underperforming economy, the industry is facing a unique set of challenges.
Mia Taylor, of Evalesco Financial Services - who in 2017 won the AFA Rising Star award - said, "The event will allow young professionals to build awareness of each other’s challenges, but more importantly, it will identify the great opportunities which collaboration can bring, ultimately leading to better client outcomes."