At a Glance
- Tasks: Lead wealth planning for high-net-worth clients and drive business growth.
- Company: Global investment manager with a commitment to client success and diversity.
- Benefits: Competitive salary, inclusive culture, and opportunities for professional development.
- Other info: Join a diverse team dedicated to excellence and continuous improvement.
- Why this job: Make a real impact in wealth management while mentoring and leading a dynamic team.
- Qualifications: Chartered Financial Planner with 6+ years of experience in wealth planning.
The predicted salary is between 72000 - 108000 € per year.
The Wealth Planning Director is a leadership position responsible for delivering exceptional wealth planning advice to high-net-worth clients, driving business growth, and ensuring compliance with regulatory standards. This role combines strategic oversight, client relationship management, and supporting the wider business, to promote the success of Wealth Management and the Schroder Group.
Qualifications
- Chartered Financial Planner – Chartered Insurance Institute (CII) – Level 6 – Advanced Diploma in Financial Planning or equivalent.
- Minimum experience of 6+ years in advising HNW and UHNW clients on wealth planning within a regulated environment.
Principal Responsibilities
- Client Relationship Management & Advisory: Lead and manage client relationships, ensuring delivery of bespoke wealth planning strategies and structures. Develop a deep understanding of clients’ family dynamics, personal circumstances, risk profiles, objectives, and planning needs to provide tailored solutions. Respond promptly and professionally to client queries, maintaining the highest standards of service. Proactively identify and communicate new planning opportunities that align with clients’ objectives.
- Business Development: Actively market and develop profitable new client relationships, leveraging internal and external networks. Represent the firm at industry events and networking opportunities to enhance brand presence and attract new business.
- Regulatory & Compliance: Take primary responsibility for new client onboarding, including KYC, AML/dd checks, and suitability assessments. Ensure ongoing compliance with regulatory requirements and internal policies. Deliver suitability letters and reports in line with FCA standards.
- Leadership & Support: Provide strategic leadership to paraplanners, associate wealth planners, and wealth planners, ensuring adherence to processes and compliance standards. Mentor and develop team members, fostering a culture of excellence and continuous improvement.
- Strategic Contribution: Contribute to the development and implementation of the Wealth Planning strategy. Collaborate with senior management on initiatives to enhance client experience and operational efficiency. Participate in relevant committees and working groups, fulfilling responsibilities as required.
- Reporting Obligations: Escalate material issues promptly to Wealth Management Senior Management for onward communication to the CEO and/or Board. Provide an annual self-assessment against agreed objectives to your line manager.
- Committee Memberships: Fulfil all responsibilities associated with committee roles, ensuring active participation and contribution.
- Regulatory Responsibilities: This role falls under the Senior Manager and Certification Regime (SMCR). All staff must comply with the PRA and FCA Individual Conduct Rules: Act with integrity, act with due skill, care, and diligence, be open and cooperative with regulators, pay due regard to customer interests and treat them fairly, observe proper standards of market conduct.
- Additional Director-Level Expectations: Drive strategic initiatives to grow the Wealth Planning business and enhance profitability. Act as a senior point of escalation for complex client matters and regulatory issues. Champion risk management and governance across all wealth planning activities. Represent Wealth Planning in cross-functional projects and contribute to group-wide objectives. Lead by example in promoting a culture of integrity, collaboration, and client-centricity.
We Recognise Potential
Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.
About Us
We are a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future. We have around 6,000 people on six continents. We’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.
Wealth Planning Director in London employer: Financial Planning Firm
As a Wealth Planning Director at Schroders, you will join a prestigious global investment manager renowned for its commitment to excellence and client-centricity. Our inclusive work culture fosters diversity of thought and provides ample opportunities for professional growth, ensuring that you can thrive in your career while making a meaningful impact on high-net-worth clients. With a focus on mentorship and strategic leadership, you will be empowered to drive business success in a dynamic environment that values integrity and collaboration.
StudySmarter Expert Advice🤫
We think this is how you could land Wealth Planning Director in London
✨Tip Number 1
Network like a pro! Attend industry events and connect with other professionals in wealth management. This is your chance to showcase your expertise and make valuable connections that could lead to job opportunities.
✨Tip Number 2
Be proactive in reaching out to potential employers. Don’t just wait for job postings; send them a message through our website expressing your interest in the Wealth Planning Director role. A personal touch can make all the difference!
✨Tip Number 3
Prepare for interviews by researching the company and its culture. Understand their approach to wealth planning and think about how you can contribute to their success. Show them you’re not just another candidate, but the right fit for their team.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can keep you top of mind and show your enthusiasm for the position. It’s a simple yet effective way to reinforce your interest in joining their team.
We think you need these skills to ace Wealth Planning Director in London
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with high-net-worth clients. We want to see how your skills align with the Wealth Planning Director role, so don’t hold back on showcasing your expertise!
Showcase Your Leadership Skills:As a leadership position, it’s crucial to demonstrate your ability to lead teams and manage client relationships. Share specific examples of how you've mentored others or driven business growth in your previous roles.
Highlight Compliance Knowledge:Since this role involves regulatory compliance, make sure to mention your familiarity with KYC, AML, and FCA standards. We’re looking for someone who can navigate these areas with ease, so give us the details!
Apply Through Our Website:We encourage you to submit your application through our website. It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at Financial Planning Firm
✨Know Your Stuff
Make sure you’re well-versed in wealth planning strategies and the specific needs of high-net-worth clients. Brush up on your knowledge of regulatory standards and compliance, as these are crucial for the role. Being able to discuss recent trends or changes in the industry will show that you’re proactive and engaged.
✨Showcase Your Client Management Skills
Prepare examples of how you've successfully managed client relationships in the past. Highlight your ability to tailor solutions based on individual client needs and family dynamics. This will demonstrate your capability to deliver bespoke wealth planning strategies, which is key for this position.
✨Demonstrate Leadership Qualities
As a Wealth Planning Director, you’ll need to lead and mentor others. Think of instances where you’ve taken charge or supported team members in their development. Be ready to discuss how you foster a culture of excellence and collaboration within your team.
✨Be Ready for Regulatory Questions
Since compliance is a big part of this role, prepare to answer questions about your experience with KYC, AML checks, and suitability assessments. Show that you understand the importance of adhering to regulatory requirements and can handle complex client matters with integrity.
