Young adults aged between 18 and 23 were invited to Kleinwort Hambros’ St James’s Square headquarters for a two-day course taught by experts and senior staff from Societe Generale’s UK private bank.
The first day featured a range of presentations on topics aimed at improving financial literacy among attendees. An overview of the investment world explained markets, asset classes, risk and more, as well as the importance of saving towards retirement from a young age. The day also featured a presentation on the responsibility that comes with wealth, and the importance of philanthropy.
The second day involved delegates tackling several case studies in a practical exercise to put what they had learned to the test.
The session represented the ninth successive year that the bank has hosted the Finance Academy, and plans are already under way for next year’s event.
John Maitland, CEO, explained the importance of the Academy, “Financial literacy is so important for the younger generation and is sadly often overlooked. We are delighted to be able to help equip these exceptional young people with a grounding in the knowledge they will need.”