Chicago, Illinois (PRWEB) July 08, 2014
The Hoopis Performance Network, a web-based sales training and leadership development organization, has named Joey Davenport as its Executive Vice-President. The announcement comes as the Hoopis Performance Network surpasses 30,000 subscribers and expands its reach internationally.
"Joey has been a great business partner and instrumental to the vision and growth of HPN," says Harry Hoopis, industry icon and CEO of the Hoopis Performance Network. "As we continue to expand our team, product line and clientele, his leadership will be critical to expanding the footprint of this organization worldwide."
Over the past five years, the Hoopis Performance Network has developed a significant presence in the United States and Canada. In partnership with LIMRA International, HPN has translated their award-winning Trustworthy Selling sales effectiveness program to French for the Canadian market. The Hoopis Performance Network also has clients in over 20 Caribbean Islands as well as a presence in Asia.
One of the primary drivers behind the Hoopis Performance Network’s mission is to continue to develop innovative resources to help the industry attract, develop and retain the next generation of financial professionals. The Baby Boom generation, individuals born between 1946 and 1964 and comprising some 78 million Americans, has been the backbone of the industry for the past 30 years. But now those in the older half of this group are approaching retirement age, thinking hard about retiring, or already out of the picture. The average age of a financial advisor in the life insurance & financial services industry is 57 years old. The industry's four-year retention rate is only 13% and has not improved in two decades. Therefore, it is the critical to the future of the industry to increase its value proposition to attract the next generation of sales talent.
The Hoopis Performance Network provides innovative sales training & leadership development resources to financial professionals worldwide. These field-tested resources have been developed from over 40 years of industry leading experience in their very own “living laboratory.”