The role of the Paraplanner is to support the Financial Advisers, when informing and advising clients on financial strategies, plans and products.
Reports to: Managing Director Chris Breward FPFS
Directly Reports to: Head of Investment Research Jordan Linfoot APFS
Key Responsibilities & Outputs
- Supporting the Financial Adviser with research and analysis to meet client needs and objectives.
- Managing the preparation of client financial plans and suitability reports.
- Managing the research and analysis of financial products to meet client requirements.
- Managing the presentation of technical data to the Financial Adviser.
- Ensuring that all advice given is done in a responsible and compliant manner, meeting all legislative requirements, both internally and externally.
- Ensuring that letters of authority are sent out and information is obtained within the appropriate timeframe.
- Supporting the admin team with preparing files for client meetings.
- Supporting the admin team resolving any technical issues.
- Managing the Financial Adviser’s diary to ensure that clients are seen in a timely and efficient manner.
- Responsible for liaising with clients regarding the progress of their advice journey following LOA information being received and arranging client meetings.
- Attending client meetings alongside the Financial Adviser where beneficial – for example to obtain detailed meeting minutes and when cash flow modelling or research is to be presented live.
- Ensure as the designated paraplanner your client cases are reviewed prior to meeting to ensure full information is received in order to provide compliant advice.
- Attend weekly internal review meetings to discuss upcoming case files.
- Regularly liaise with the Financial Adviser on ongoing cases.
- Ensure detailed notes are recorded in client meeting minutes and internal research file notes.
Other Responsibilities
- To maintain good time management and effective organisation to ensure tasks are prioritised.
- Ensure that all data protection procedures are adhered to.
- Ensure that information is not passed to anyone other than the relevant staff and documents and filed and disposed of securely.
- Developing and maintaining internal relationships to help maintain business flow and meeting agreed targets.
- Keeping up to date with any changes to the FCA rules and other regulatory changes.
- Maintaining an up to date working knowledge of IO and any other relevant computer software including Microsoft office.
- Continuous professional development to meet regulatory requirements and personal development needs.
- Attending seminars and webinars when requested by your manager and recording detailed notes to share with team members. For example, events held by fund management groups and technical events regarding legislation changes.
The role holder may, from time to time, be required to undertake reasonable additional or other duties as are necessary to meet the needs of the business.
