Of the 70, 000-plus advisers giving advice in the UK, Slipaczek says only 1,000 are chartered.
Sole practitioner Slipaczek believes that advisers who have not attained chartered financial planner status should not be working.
He says if a 16-year-old can sit the exams, then advisers currently working in the field have no excuse.
He says: “I am mentoring a 16-year-old in financial advice. What does that say about the industry?”
Simon’s textbooks have been donated by the IFS School of Finance and Jupiter is considering sponsorship.
Slipaczek says that in an industry obsessed with the ageing adviser population, it is exciting to see new blood coming in. His son has recently completed the qualification and will be joining his firm after graduation.
Simon hopes to complete the four CeFA modules by September before starting at Menorah High School for Girls in London, where she plans to take the Certificate in Fin-ancial Studies, which is offered as an AS level equivalent, and the Diploma in Financial Studies which is equivalent to an A-level.