Main duties and responsibilities of the Paraplanner:
Fully analyse clients' requirements, develop cash flow models, and accurately record client data.
Research and analyse financial products to meet client requirements and objectives.
Construct financial planning solutions (investment, retirement, tax, and estate planning) supported by the production of computer models and reports.
Prepare suitability letters and reports (liaising with administrators), taking full responsibility for the client files and back-office IT records throughout the advice process.
Prepare client reviews, updating cash flow models, investment performance reviews, and the production of supporting reports, discussion documents, and computer models.
Deal with general client queries and attend client meetings with the Partner as required.
Work with other practice colleagues to ensure application and provider forms are prepared as required, and clients are updated throughout the process.
Work within and stay up to date with template changes and advice notes.
Knowledge and experience:
Previous paraplanning experience within an IFA or Wealth Management environment
Minimum Level 4 Diploma PFS qualified or working towards it (or FPC qualified with significant industry experience);
Chartered Financial Planner status (preferred)
Familiar with all major research systems (e.g. Analytics, Voyant etc.)
Experience of the Pension Transfer market. Whilst a knowledge of Final Salary Pension Transfer market would be desirable, it is not essential.
Experience of the administration of IHT and/or Investment products;
Demonstrates up to date knowledge of relevant regulation and legislation.
Skills and behaviours:
Able to transpose information accurately
Strong numeracy skills
Comfortable using templated Suitability Letters
Confident in dealing with third parties and can work with total discretion
Highly organised with excellent communication skills
Broad experience of Microsoft Office (Outlook, Word, PowerPoint, Excel)
Exceptional attention to detail
Manages time effectively with the ability to multi-task
Keeps calm when faced with conflicting demands and handles these effectively
Demonstrates a positive attitude at all times
Works well on own tasks as well as on shared goals as part of a team
Enthusiasm to help clients.
If you are interested in finding out more please contact Alice Connors.
