Our client is looking for a talented Paraplanner to join their team, with options to be based in Harrow. 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 of the following:
- Complex IHT and Estate Planning
- VCT, EIS and BR Products
- Pension/retirement planning
- Carry forward and lifetime allowance calculations
- Structured products
- Trusts