Senior Paraplanner - 4 days/week

My client are a boutique Wealth Management firm. As they are independent, this allows them to provide objective advice that is aligned to a client’s best interests, delivered by teams steeped in financial services knowledge and experience. They have built their Company on integrity and trust, because doing what is right for their clients is best for their business.

They have been awarded Corporate Chartered status by the Chartered Insurance Institute – the industry gold standard for financial planners evidencing ethical practice, professional, competent and knowledgeable advice, and a commitment to providing service and support of the highest quality.

They now have an opportunity for a Senior Paraplanner to join one of their Adviser teams working 4 days a week on a £52,000 salary plus 10% discretionary bonus. Reporting to the Private Client Director, this is a fantastic client-facing opportunity to support a busy and successful team, assisting in delivering an outstanding holistic financial planning service to new and existing clients. The clients typically have complex planning needs and so the role will help to provide clarity to clients and to deliver the exceptional quality service that clients have come to expect. The successful candidate will have at least 5 years’ experience in a relevant IFA role.

Accountabilities

• Preparing for and attending client meetings, taking detailed written notes and following up on any technical points after the meeting.
• Gathering and analysing comprehensive, detailed information from clients, their professional advisers and others.
• Producing comprehensive and clear suitability letters for clients.
• Preparing lifetime cashflow models relevant to each client’s circumstances, objectives and possible financial outcomes.
• Communicating these models to each client in person and in writing. Dealing with queries and modified scenarios as required.
• Constructing and producing a financial plan to address each client’s lifetime objectives in the context of these cashflow models, generally comprising (but not limited to) contingency planning, legacy/succession planning, asset allocation/wealth management and tax planning.
• Carrying out regular reviews of clients’ financial plans, circumstances and objectives.
• Dealing with complex and technical client queries as and when they arise.
• Interpreting new technical information, legislative and regulatory changes from various in-house and external sources and ensuring the team remains compliant with FCA and internal compliance procedures.
• Engaging with intelligent, demanding clients (many of whom are investment professionals themselves) consistent with developing and maintaining outstanding, long-term relationships.
• Liaising with other technical staff in order to ensure a consistent client experience.
• Guide and assist the team administrators on technical matters as required.

• Have 5+ years’ experience within the independent sector of the financial services industry in a paraplanning role involving direct contact with sophisticated HNW clients
• Hold Chartered Financial Planner status with the CII, but may consider the right individual approaching chartered status having already passed the AF1 (personal tax and trust planning) & AF8 (retirement income planning) modules, having passed the AF4 (Investment Planning) module is desirable
• Understand the principles of asset allocation and portfolio construction
• Have excellent knowledge of investment, life and pensions products and current legislation
• Have broad knowledge of esoteric products, including VCT and EIS investments and structured products
• Have a comprehensive understanding of Income Tax, CGT, IHT, Trusts and both DC and DB pension transfers
• Understand the importance and benefits of lifetime cashflow modelling, ideally with experience of Voyant as a cashflow modelling tool