Paraplanner

Specific activities include: 

• Check compliance paperwork is present
• Confirm client risk profile is determined
• Discuss client objectives with planner
• Identify and obtain the information necessary to compile financial cashflow forecast
• Compile draft net worth statement – income and expenditure statements and financial cashflow forecast and discuss with planner

Preparing recommendations: 

• Identify areas for planning along with the financial planner
• Undertake research both independently and with the financial planner to identify suitable solutions to meet the clients needs
• Prepare information/ comparison for analysis by planner
• Liaise with client’s legal and tax advisers (if applicable)
• Consider current and future allocation of assets for investment strategy with regard to client risk profile
• Prepare draft recommendation reports to be discussed/ signed off by planner

Implementing recommendations: 

• Prepare suitability letters in accordance with the agreed recommendations
• Complete application / proposals forms along with administrator
• Ensure all compliance paperwork is in order
• Make changes to client’s investments as instructed
• Implement the chosen investment strategies

Review: 

• Act as a point of contact and deal effectively with queries from clients and other parties through effective communication
• Establish and build strong relationships with clients and attend client meeting with planner if required
• Organise future planning meetings with clients
• Review investment portfolio, asset allocation, risk profile, etc.
• Send planning figures to client for update and revision in preparation for next meeting
• Initiate review meetings with clients well planned integration process allow for gradual alignment of enhanced processes and cultures, all the while continuing grow as a business with a seamless transfer of clients and staff at the acquisition stage.

 Essential 

• Understanding of the financial planning process
• Able to work within defined business processes
• Ability to achieve agreed outcomes without supervision
• Prioritise and plan own workload
• Detailed and accurate
• Articulate
• Excellent inter-personal skills, both written and verbal
• Ability to multi-task and prioritise effectively
• Good IT skills
• Good report writing skills
• Ability to work independently and in a team

Desirable 

• Broad knowledge of financial services world
• High level of technical knowledge

• QFA qualified or on a path to qualification.