Our client is seeking a talented Paraplanner to join their team, with the option to be based in Durham. This is a key role within the business, providing support to the Wealth Planners on financial strategies, plans and products to clients.
Key Responsibilities:
* Adherence to Management System & Controls
* Maintain an up-to-date knowledge of company policies and procedures
* Ensure timely execution of adviser instructions
* Work with colleagues to ensure adherence to company procedures and standards
* Refer all client complaints and concerns promptly to your Manager, the Adviser and the Compliance Officer
* Ensure all client documents and relevant correspondence is saved to client files to ensure advice files are complete
* Maintain records according to the company standard
* Effective Communication & Support
* Communicate with colleagues, clients and product providers as needed
* Attend regular Paraplanning meetings to discuss ongoing work and ensure advice approach across the team is similar
* Assist the wider team when needed and when there is capacity to do so
* Preparation of Advice
* Produce financial planning reports for consideration and signoff by advisers, taking into account standards for suitability and quality
* Analyse client portfolios/products and other relevant information in order to prepare the above
* Obtain illustrations and supporting documents as required to complete the advice file for presentation to the client
* Prepare cash flow analysis as required
* Provide accurate, technical research to ensure that the client file carries all required information to support the recommendations
* Liaise with the Compliance department as necessary throughout the advice process
* Be a point of technical reference for advisers
* Build and maintain various company/ provider panels
* Reporting
* Maintain the workflow log, including the addition of new work requests and updating of completed work
* Ensure that work items are closed correctly on the CRM once the work has been carried out
The successful candidate will have experience in the following:
* Complex IHT and Estate Planning
* VCT, EIS and BR Products
* Pension/retirement planning
* Carry forward and lifetime allowance calculations
* Structured products
* Trusts