TAP Announces Program to Help Advisers Expand


The Adviser Platform (TAP) has announced a new program to help advisers expand their businesses and draw new talent into the market in 2020.

The training program for new-to-industry advisers will include:

  • Assistance with candidate screening
  • Classroom-style training and assistance with accreditation
  • Self-guided learning modules
  • HR and accounting support
  • Full-time admin and compliance support
  • Ongoing mentoring to complement that provided by the business owner
TAP Managing Director, Ryan Edwards …helping advisers bring onboard new talent

TAP Managing Director, Ryan Edwards, says the company envisages welcoming 40-50 new advisers into the industry over the course of 2020.

“The regulatory shift has provided a fantastic opportunity for well-run businesses who are confident in their systems and processes to expand and fill the gap left by the 10-20 percent of the market that is forecast to be downsizing or exiting the market,” said Edwards.

But he noted the first few months with a new team member can be intense.

“Many businesses have a fantastic base and want to bring on a new adviser, but lack the time or resources to make it a reality. Most struggle to take time out of their business to properly recruit, train and mentor them,” he said, explaining as TAP can provide full-time operational support, business owners can be strategic about how they spend their time and focus on servicing their client base, canvassing referrals and growing their business.