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Topic overview

Probabilistic thinking – managing with purpose equips financial advisers with the mindset and tools to navigate ambiguity, uncertainty and complex decision-making.

This topic strengthens your ability to apply data-informed judgement, recognise behavioural biases and support clients in achieving long-term financial goals in an unpredictable environment.

What will you achieve

  1. An understanding of the key behavioural biases that impact investment decision making
  2. The ability to use strategies to assist clients in dealing with their behavioural biases that will impact their long-term financial planning goals

Structure and duration

This topic is designed to be completed over six (6) weeks, with access available for up to 12 weeks to accommodate flexibility.

Advisers undertaking the Professional Year will receive 20 hours of structured training per topic.

Advisers who successfully complete all requirements of the topic will be awarded a certificate of completion.

There are no specific due dates for activities. Advisers progress, complete and submit activities as they go. However, it is recommended that each activity be completed according to order laid out.

Recommended six (6) week study plan

WeekLearning focusHours
1Introduction to probabilistic thinking

Activities 1-3
4
2Thinking in probabilities, not absolutes

Activities 4-5
3
3Using data to support judgement, not replace it

Activities 6-8
3
4Embracing being ‘less wrong’ over time

Activities 9-11
2
5Building a personal probabilistic decision framework

Activity 12
4
6Practising probabilistic thinking in advice scenarios

Activity 13
4

Price

$275 (Inc. GST) per person (corporate package/rate available)

 

The Financial Adviser Accelerator Suite is the most interactive, engaging and career-focused training program the financial advice industry has ever seen — purpose-built to develop capable advisers who are ready to make an immediate impact. Developed with early-career professionals in mind, the structured topics focus on building essential client engagement skills and financial advice fundamentals. The program is structured around four key knowledge pillars, with each topic containing multiple modules.

01

Fundamentals of Financial Advice

02

Client Care in Financial Advice

03

Client Engagement in Financial Advice

04

Quality Processes in Financial Advice

The Financial Adviser Accelerator Suite is the most interactive, engaging and career-focused training program the financial advice industry has ever seen — purpose-built to develop capable advisers who are ready to make an immediate impact.

Developed with early-career professionals in mind, the structured topics focus on building essential client engagement skills and financial advice fundamentals. The program is structured around four key knowledge pillars, with each topic containing multiple modules.

01

Fundamentals of Financial Advice

02

Client Care in Financial Advice

03

Client Engagement in Financial Advice

04

Quality Processes in Financial Advice

01

Fundamentals of Financial Advice

02

Client Care in Financial Advice

03

Client Engagement in Financial Advice

04

Quality Processes in Financial Advice