Online learning business for the wealth industry and investors, No More Practice, has formally established itself as a separate entity, branching out from its originator company evolution media group.
The new business, renamed No More Practice Education, will focus on online learning for both adviser and investor audiences, and will continue to deliver both video and written content on behalf of a number of corporate clients.
Evolution media group will be the exclusive provider of video production services to No More Practice Education, and will continue to create bespoke and engaging video education content for the business.
“No More Practice has more than established itself over the past nine years” No More Practice creator Vanessa Stoykov said.
“It has grown to be a leading provider of education and training to licensees, individual advisers and accountants, and has partnered with some of the best fund managers and insurers in the world.
“With the significant growth opportunities it is seeing, it was time to acknowledge that, and allow it further explore expansion scope by becoming its own separate corporate entity.”
An important part of this growth plan was to appoint a dedicated leader for the organisation.
Marcus Field, who previously held leadership roles with evolution media group, has taken up the reins as managing director of No More Practice Education.
“It’s an exciting time in this business,” Field said.
“The appetite for video based learning has grown exponentially over the past few years and so has the business: our flagship TV series screens on the Nine Network, we have established long-term agreements with major licensees, and built a solid foundation of quality wealth managers we call The Collective with whom we create content on an ongoing basis.
“Like us, they believe in the value of long-term education that is both entertaining and enlightening.”
For the past five years Field was the managing director of evolution media group, and before that, he was the group’s head of marketing.
Stoykov will also continue to be involved with No More Practice Education as editorial director, and will contribute to strategy and client relationships, as well as sit on the board.
Both organsations will continue to be housed in their shared offices at Milsons Point.
About evolution media group:
Founded by Vanessa Stoykov in 1999, evolution media group is a privately-owned business focused on inspiring wealth education.
The organisation has an unwavering commitment to offer wealth education opportunities to all Australians by telling entertaining stories with high production values across television, online, mobile and social platforms.
With access to some of the world’s biggest and most trusted names and an enviable list of joint venture partners, evolution media group provides an opportunity for growth by showcasing the principles of leadership, business and finance to create tangible education outcomes.
About No More Practice Education:
No More Practice Education provides online learning resources which are utilised by a community of 23,000 finance professionals and 14,000 consumers.
The group also provides educational content to more than 80 per cent of Australia’s financial advisers, which is produced through No More Practice’s sister company, and exclusive provider of content, evolution media group.
All consumer-facing content to the site is supplied by The Investment Series, which is No More Practice’s consumer education centre.