Currently 42 advisers including four senior managers and seven compliance team members are CeMAP 3 qualified, 18 case managers are at level 2 and working towards level 3 and 25 others have achieved level 1.
Fluent Money is on track to have all of its 85 client-facing staff CeMAP qualified by the end of May 2016.
Currently 42 advisers including four senior managers and seven compliance team members are CeMAP 3 qualified, 18 case managers are at level 2 and working towards level 3 and 25 others have achieved level 1.
Tim Wheeldon, chief operating officer, said: “We have been working towards a point when all our client facing personnel would be level 3 CeMAP qualified, but we have been blown away by the enthusiasm of other parts of the business to go through the training.
“Both the IT department and accounts teams decided to take part and are moving along the path to CeMAP qualification.
“We are already working with brokers who are new to the second charge market and it is vitally important that they see that not only are we in complete command of our own speciality, but also fully understand the first charge market and the issues that they face as advisers and introducers.”
The Financial Conduct Authority requires all advisers to be at CeMAP level 1 by April 2016 and to have passed level 3 by April 2018.
