We are looking for a Trainee Wealth Planner (Paraplanner) to join our Private Wealth team in Newcastle. The team operates as part of Womble Bond Dickinson Wealth Limited and has a solid reputation for providing creative financial planning, tax solutions and investment advice to a wide range of private clients.
We have previously recruited Trainee Wealth Planners from diverse backgrounds, including those looking for a change of career, already in the industry and graduates. Two of our employees are former Maths teachers, who have made a successful career change.
The team
Our Private Wealth team are a collaboration of lawyers, accountants, financial advisors and tax specialists. Their expertise are highly regarded and ensure that our clients' wealth is protected, now and for future generations. For law firms, this is a pretty unique setup which allows us to offer our clients the very best full-service advice possible.
The role
If you're looking to start your career as a Wealth Planner (Paraplanner), this job will offer you breadth of experience, development opportunities and an environment that is hard to replicate elsewhere in the industry. You'll join our Investments and Pensions team in Newcastle, working on a variety of clients, including individuals, corporates, trusts and charities. Over time you could specialise in one area, dependent on where your preferences lie.
Our Wealth Planners have a crucial role in supporting the advisors; attending client meetings, acting as a point of contact for clients, undertaking research into financial products, developing solutions for our clients, drafting recommendation reports and letters, reviewing portfolios and assessing investment risk.
The candidate
As a strong candidate, you will be enthusiastic when it comes to managing your workload and adapt well to a fast-paced environment. We operate in a highly procedural environment, shaped by the practices of a law firm as well as the usual FCA regulations, so a good grasp of processes and procedures is required. Your communication skills will be first-class, both written and verbal. Familiarity with a wide range of IT packages is expected, including Microsoft Office.
To be successful in this role, you'll need as a minimum;
1. Strong written / numerical skills
2. Report writing skills and the ability to analyse multiple financial issues
3. Strong IT skills
4. Ability to work well within a team
5. The ability to demonstrate a passion or interest in wealth and financial planning by something you do or have done.
What's in it for you?
Most of our team have developed through our internal training programme and this is something that we feel passionately about. We support our trainee planners with their studies to complete the Diploma in Regulated Financial Planning with the Chartered Insurance Institute, with some Trainee Planners progressing to become Chartered Financial Advisors.