At a Glance
- Tasks: Create financial planning reports and support advisers in client meetings.
- Company: Independent financial practice in Chingford with a focus on personal service.
- Benefits: Attractive salary, employee benefits, and career progression opportunities.
- Other info: Join a small team with potential for partnership involvement.
- Why this job: Step into a rewarding career in financial advice with high net worth clients.
- Qualifications: Level 4 qualified with strong communication and report writing skills.
The predicted salary is between 30000 - 40000 £ per year.
We are currently recruiting for a Financial Planning practice in Chingford who are looking for a Paraplanner that is looking to move into a Financial Adviser to join their team. They are looking for someone who is ready to take that next step into Financial Advice. Must be Level 4 qualified.
Purpose
- To provide financial planning reports for clients following adviser client meetings.
- To support the advisers with pre‑meeting client review information and post meeting review letters and ensure all agreed action is carried out by support staff.
Main functions
- Prepare and collate the pre‑meeting packs for client reviews including portfolio valuations provided by the portfolio analyst.
- To write‑up comprehensive financial planning reports as agreed with adviser.
- Obtain KFIs, product information and provider application forms for adviser for new business.
- To deal with client enquiries and respond in a professional and courteous manner.
- To maintain and update client information on back office systems.
Detailed tasks and requirements
- Provision of technical financial planning reports for clients using our templated report as a guide having agreed the key objectives, plan and recommendations with the adviser following the client meeting.
- Write client letters relating to the annual reviews that are conducted by the adviser with a summary of the clients financial situation, agreed actions relating to the portfolio and any further planning or arrangements to be undertaken.
- Make appointments with clients for adviser.
- Attend client meetings with adviser and take notes.
- Update back office systems.
Other key tasks
- Provide technical information on policies and plans to clients and team members as required in writing.
Knowledge and experience
- Back office system experience use such as IRESS, use of software research systems for products and funds, cashflow planning and pensions switching tools.
- High technical knowledge of financial services products and financial markets.
- Experience of financial report writing to a high level to include pensions, investments and tax‑planning, particularly inheritance tax.
Qualifications
- Minimum A level education, preferably University degree.
- Diploma in financial services, preferably working to or achieved chartered.
- Highly proficient on word and excel.
Key Skills/attributes
- Clear and articulate verbal communication skills.
- Highly motivated to succeed.
- Strong ability with written grammar.
- Good telephone manner.
- Smart and professional presentation.
- Ability to work in a small team.
Opportunity
This is an opportunity to join a small firm of independent financial advisers supporting the managing partner and one other chartered adviser with a view to career progression to adviser and potentially partnership involvement if desired. Clients are high net worth individuals who expect a high level of personal service and have been introduced by other professionals such as accountants and solicitors. Attractive remuneration package which includes employee benefits.
Paraplanner/Trainee Financial Adviser employer: Blakemore Recruitment
Join a dynamic Financial Planning practice in Chingford, where we prioritise employee growth and development. As a Paraplanner/Trainee Financial Adviser, you will benefit from a supportive work culture that encourages progression to adviser roles, with the potential for partnership involvement. Our attractive remuneration package and focus on high net worth clients ensure a rewarding and meaningful career path.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanner/Trainee Financial Adviser
✨Network Like a Pro
Get out there and connect with people in the financial services industry. Attend local events, join relevant online groups, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your Level 4 qualification and any relevant experience. Prepare a mini-presentation or a portfolio showcasing your financial planning reports and client interactions to really impress them.
✨Ace the Interview
Practice common interview questions related to financial advising and paraplanning. Be ready to discuss your technical knowledge and how you handle client enquiries. Remember, confidence is key, so rehearse with a friend or in front of the mirror!
✨Apply Through Us!
Don’t forget to check out our website for the latest job openings. Applying through StudySmarter not only gives you access to exclusive roles but also shows that you’re serious about your career in financial advice. Let’s land that dream job together!
We think you need these skills to ace Paraplanner/Trainee Financial Adviser
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Paraplanner role. Highlight your Level 4 qualification and any relevant experience in financial planning or report writing. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about moving into a Financial Adviser role. Share your passion for helping clients and how you can contribute to our team at StudySmarter.
Showcase Your Technical Skills:Since we deal with high net worth clients, it's crucial to demonstrate your technical knowledge of financial services products. Mention any experience with back office systems like IRESS and your proficiency in Word and Excel.
Apply Through Our Website:We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Blakemore Recruitment
✨Know Your Financial Stuff
Make sure you brush up on your financial knowledge, especially around pensions, investments, and tax planning. Being able to discuss these topics confidently will show that you're ready for the role and can handle high net worth clients.
✨Prepare Your Reports
Since you'll be writing financial planning reports, practice drafting a few sample reports based on hypothetical client scenarios. This will not only help you get comfortable with the format but also demonstrate your report-writing skills during the interview.
✨Showcase Your Communication Skills
As a Paraplanner, clear communication is key. Be prepared to discuss how you would explain complex financial concepts to clients in an easy-to-understand manner. Practising this beforehand can really set you apart.
✨Ask Insightful Questions
At the end of the interview, don’t forget to ask questions! Inquire about the firm's approach to client relationships or how they support their team’s professional development. This shows your genuine interest in the role and the company.
