This guest blog is by Gee Foottit from St. James’s Place Wealth Management – Financial Adviser Academy, who shares some excellent advice from graduates of their Academy programme for future returner retrainees.
Since 2018 I have been working with Women Returners to bring in talent to the St. James’s Place Financial Adviser Academy, which retrains experienced professionals to become financial advisers. I’ve had the pleasure of getting to know many of the women who have joined us from the Women Returners community and wanted to share some of their personal tips on navigating a return to work via a retraining programme.
Tips from Alison Jarvis
- See the retraining programme as an opportunity rather than as something to fear.
- Ask for help when you need it.
- Pace yourself.
- Realise that even if you have not been working recently in the traditional sense, you are bringing other skills, competencies, character traits and views to the table that can expand the organisation’s view/understanding of the marketplace.
- Remember they have selected you for a reason – it wasn’t that they thought you showed no potential and had zero skills.
- Network broadly with your internal stakeholders.
- Establish boundaries for your personal time and try, where possible, to adhere to them.
- Don’t be afraid to take on challenge – you will grow.
- Making errors is normal for everyone, regardless of how they arrived at where they are today.
- Don’t give up your ambition just because you are a returner and might feel “on the back foot” – this is likely to be a mental barrier.
- Enjoy it!
Alison joined the Financial Adviser Academy programme in January 2020 after a previous career as a lawyer, PR/BD/market research specialist and project manager. She spent 7 years working in the developing world prior to returning to the UK. She struggled to find meaningful, suitably paid work owing to her eclectic, international non-linear career path and her age demographic, so spent 3.5 years consulting and temping in very unsatisfactory, low paid roles before joining the Academy.
Tips from Kam Singh
- If you’re going to start your own business, I would recommend setting a year’s worth of expenditure aside to pay towards household bills so you can focus on the business and not worry about family cashflow, depending on your next chosen career and guaranteed money coming in.
- Try and dress in work clothes i.e. casual smart prior, to re-entering your career, so you’ll have a good routine of grabbing a few outfits that match ‘on the go’.
- Invest in smart shoes you can walk in!
- Keep an open mind as life and times change – stay neutral so you can accept new and different points of view.
- Reintroduce ‘you time’ so your family accept your new routine and get used to you not being around.
Kam joined the Financial Adviser Academy programme in Sept 2019, following a previous career in Corporate Banking and a 4 year career break.
Tips from Viviana Antinolfi
- If you have children, it is important to surround yourself with enough help.
- Put clear boundaries to the time you devote to work as you want to keep a balance with other important things in life.
- Ask your partner (if you have one) to contribute more – by taking time off work you have most likely allowed them to focus on their career, now it’s payback time.
- Don’t be scared to reach out to your network as most people are genuinely happy to see what you are up to.
- Don’t expect success to happen overnight. it takes time to build a new career. Enjoy each small win as they are a step forward.
- Be enthusiastic about what you do. If you are unsure, others / your clients will be too.
- Bring your past experience to the new job. You have a massive knowledge accumulated in what you did in the past, use it!
Viviana joined the Financial Adviser Academy programme in Jan 2020 following a previous career in Investment Banking at Managing Director level, and a 6 year career break.
Tips from Rebecca Maxwell-Hyslop
- Don’t underestimate the transferable skills picked up whilst on your career break.
- Remember you don’t lose the years of experience that you gained in the workplace pre-break.
- Ensure you have back-up plans at home, whether that be a partner or fellow local parents.
- Rebuild your network – get to know people in the same industry, don’t be afraid to ask for help or advice, people are flattered if you ask!
- There will be good days and bad – remind yourself of your why – why you are doing the role, why now.
- Share your experience of going back to work socially and professionally – be enthusiastic. Sharing my experience makes me more accountable.
- If you have children and they are old enough to understand, share the journey with them. If they feel included, they are more likely to be supportive. Mine are fascinated about how to run a business and enjoy seeing the benefits of a second income!
- Believe in yourself!
Rebecca joined the Financial Adviser Academy programme in Sept 2020, following a previous career Trading at Credit Suisse, and a 3.5 year career break.
Gee’s Own Tips
I hope you enjoyed those pearls of wisdom; my final thoughts are:
- Understand your own strengths and weaknesses.
- Have a clear plan of what you want to achieve over the next 1, 3 and 5 years, review it regularly and create a personal development plan.
- Adopt a growth mindset – if you can’t do something, it’s only because you don’t know how to yet.
- Write down the challenges you’ve faced in life and how you overcame them. This will remind you of how resilient you really are and that any challenge can be overcome.
- Leverage the support of mentors and coaches offered to you, source your own if need be.
- Network with like-minded positive and successful people.
- Join any internal Professional Women’s Networks available.
- Do your research, don’t be afraid to ask for help, be bold and take your first step!
Gee Foottit is the Academy Engagement Manager at St. James’s Place Wealth Management – Financial Adviser Academy. St. James’s Place offers a retraining opportunity to become a qualified Financial Adviser. This consists of 6 months’ virtual learning and gaining professional qualifications, followed by 18 months’ support in the role. The candidates have the choice of starting their own Financial Advice business or joining one of St. Jame’s Place’s established Practices as an Adviser.