Brooks Macdonald Asset Management, a subsidiary of UK-listed wealth manager Brooks Macdonald, is holding a series of advisor academies during April and May to steer advisors through a business landscape changed by regulatory reforms.

Each event will include a number of external speakers from across the asset management industry. They will provide their thoughts and opinions on a range of relevant subjects including, suitability, the Retail Distribution Review regulatory reforms, customer relation management back-office systems, legacy assets and third-party services, the firm said in a statement.

The UK’s wealth industry is not just digesting the impact of the RDR – which bans use of trail commissions – but also moves by regulators to ensure only products that they deem suitable are sold to clients. The reforms have been prompted by concerns over recent mis-selling scandals concerning certain structured products, for example.

Julia Kirkland, chartered MSCI and managing partner of Financial Services Training Partners, will independently address some of the key issues faced by professional advisors over suitability and the associated responsibility therein.

The academies will also focus on how advisors can boost their efficiency in the wake of the RDR reforms and look at ways third-party services have been  successfully used by industry peers.

Each event qualifies for three hours of structured continuing professional development and will take place in Edinburgh, Bolton, Leeds, Newmarket, Warwickshire, Southampton, London, Bristol and Gatwick.