With the advance of technology and global awareness of the importance of financial education, Traditional participants in capital markets have achieved an insertion and a much greater inclusion than at other times in history.
However, still There is a large part of the population (mainly in less developed economies) to which Those big financial companies have not been able to access. That, added to the fact that today most of the customer service and service processes are migrating made hybrid schemes, with a lot of interference of artificial intelligence and less human contact.
In that contextthe role of the Independent Financial Advisor (AFI or EAM: External Assets Manager) has taken a very large relevance, making it an essential actor. These professionals not only guide individuals towards better management of their money, providing customization, but also promote the development of capital markets in places where there is very little or no financial education. For Argentina, on its path of recovery and growth, The role of the independent financial advisor is an unbeatable opportunity.
What distinguishes an independent financial advisor?
Precisely, its independence. Unlike traditional advisors, the EAM has no conflicts of interest in the sale of specific products or certain services. Their fees come directly from the client, guaranteeing that their interests will always be aligned with the success of the client.
The EAM is a strategic partner, both for the client and for the different Alycs (Liquidation and compensation agents) of the local market, since it allows the inclusion of people with little or null access to the financial markets providing them with a comprehensive service, which starts from the dissemination and collection of the client in the ALYC with which the EAM works, until definition of a personalized investment strategy. This trust relationship is vital in a world full of information and offers.
That is why, The work of the EAM transcends the individual benefitdirectly impacting the democratization and solidity of capital markets. By guiding investors to appropriate instruments, EAM contributes to:
- Greater participation: More people access the market, injecting liquidity.
- Efficient capital allocation: They direct savings towards productive projects, promoting economic growth.
- Professionalization of investment: They educate investors, promoting more informed and less speculative decisions.
- Transparency: Being independent agents, they bring clarity to the financial environment.
In developed markets, EAM is a vital component for stability and dynamism. And this, globally is not a novelty, is a rising trend.
Argentina, in its search for stability and development, is changing. The more the capital market grows, Máyor in the need for the professionalization of the advisors. The EAM can educate a new generation of investors, channel savings towards local production and boost the country’s financial stability.
Today in CNV there is a figure called producing agent, to give a framework to the role of the independent financial advisor. These producing agents are human or legal persons, whose purpose is to promote and disseminate negotiable values, acting under the responsibility of an agent registered with the CNV (ALYC).
To become a producer agent, it is necessary to take the examination of CNV suitability And then enroll as such, a simple procedure that gives professionalism and transparency to the role.
What is the CNV suitability exam?
In a “proof” that has as its main objective Ensure that professionals have the knowledge and skills necessary to act with competence in the financial sector, One of the ways that the regulator has to protect investors. In other words, who who is advising what he does.
In this exam, they are considered topics ranging from the regulatory framework, to relevant considerations of the different investment alternatives and analysis parameters. It also focuses on transparency, and informative regime.
In addition, the best part is that the work of the producing agent may not be a full -time job, but rather a complement (and an additional source of income) for those professionals who today have access to form a client portfolio (for example, public accountants or economists).
Becoming an independent financial advisor in Argentina that comes is not just choosing a profession with a future; It is being an active part of the construction of a more robust capital market and a more prosperous economy. It is an opportunity for those who seek a real impact role, combining financial rigor with the satisfaction of guiding others towards a safer and promising financial future.
The demand for experience and trust is immense, and the way to forge a significant career is open. That is why, in PPI today we have a very complete program to give EAM all the tools they need.
PPI Commercial Development Manager
Source: Ambito
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