The new service will offer advisers help in four main areas.
The launch will focus on members’ professional development and that of their staff right through to the achievement of chartered financial planning status or other qualifications appropriate to their needs.
It will assist firms wanting to move from an initial commission basis to one more reliant on recurring income and trail.
SimplyBiz says it will also facilitate shared communication on best practice, enabling all firms and their clients to benefit from the transfer of ideas between practices in different parts of the country. It plans to act as a central hub which has just completed a successful pilot with a small group of firms and is now being rolled out to all SimplyBiz firms.
Finally, the initiative aims to assist in career progression and succession planning to enable firms of every size to make the best use of their resources.
Chairman Ken Davy says: “We believe that this important initiative will help firms and their staff increase both their professionalism and profitability as well as supporting their career development and retirement planning.
“It is another groundbreaking example of our determination to help the two thousandplus firms we represent to be ever more successful and professional.”