At a Glance
- Tasks: Support financial planners by preparing client files and analysing financial information.
- Company: Join LGT Wealth Management, a trusted name in wealth management with a unique culture.
- Benefits: Competitive salary, professional development, and a supportive work environment.
- Other info: Be part of a company that values integrity, respect, and long-term thinking.
- Why this job: Make a real impact in clients' financial futures while growing your skills in a dynamic team.
- Qualifications: CII Diploma in Regulated Financial Planning or equivalent; 3 years of paraplanning experience preferred.
The predicted salary is between 40000 - 50000 £ per year.
LGT Wealth Management UK LLP is a UK-based partnership, wholly owned by the private banking group LGT. Our aim is to offer a fresh approach to wealth management. We have a presence in London, Edinburgh, Jersey, Leeds, Birmingham, and Bristol. Our mission is to create long-term value for all stakeholders, and our culture encourages individuals to generate, develop, and implement ideas which will strengthen our business.
The Wealth Planning team is responsible for providing comprehensive financial planning advice to individuals, companies, partnerships, and trusts. We work with our clients to create bespoke financial plans, considering the whole of the market to find the best solutions. We are involved in a broad range of activities including:
- Cash flow analysis
- Psychometric risk profiling
- Pension aggregation
- Income tax planning
- Inheritance tax planning
- Business planning
- Protection for illness
- Savings
- Long term investments
- Offshore and international planning for non-domiciled and non-resident clients
- Venture Capital Trust, Enterprise Investment Scheme and Business Relief advice
Key Responsibilities:
- Preparation and maintenance of client files
- Collect and analyse client’s financial information and work with the Wealth Planner to determine strategies for meeting the client’s financial objectives
- Ensure compliance documentation is recorded in line with procedures and FCA guidelines
- Accurately record client information within the back office management system
- Identify and obtain necessary information to complete cash flow models
- Interpret data and build cash flow models using our modelling tool
- Prepare analysis documents detailing outputs and key findings
- Attend client meetings with the Wealth Planner as required
- Research and record technical and product data relevant to the client
- Provide technical support to the Wealth Planner
- Analyse existing products/financial arrangements for suitability
- Manage preparation of comprehensive financial advice letters and suitability reports
- Liaise with the client’s investment manager, legal advisor, accountant, and tax advisers
- Oversee implementation of recommendations
- Prepare for client reviews
- Act as main point of contact with providers/third parties
- Update existing cash flow models as required
- Ensure administration is completed efficiently
Your profile:
- CII Diploma in Regulated Financial Planning or equivalent
- Working towards the CII Advanced Diploma in Regulated Financial Planning is desirable
- 3 years’ experience in a holistic Paraplanning role
- Excellent understanding of financial planning and regulatory advice processes
- Good knowledge of financial planning products
- Ability to produce bespoke advice reports clearly
- Methodical and practical approach to work
- Good planning and organisational skills
- Keep up to date with regulatory changes
- Experience of using cash flow planning software (Voyant desirable)
- Advanced Microsoft Excel skills desirable
Interested in the role? Complete the online application. We look forward to getting to know you.
Paraplanner employer: LGT Vestra LLP
LGT Wealth Management UK LLP is an exceptional employer, offering a dynamic work culture that prioritises client-centric values and fosters individual growth. With a commitment to integrity and entrepreneurship, employees benefit from comprehensive training opportunities and a supportive environment that encourages innovation. Located in London, with additional offices across the UK, LGT provides a unique chance to be part of a prestigious firm backed by a legacy of trust and long-term thinking.
StudySmarter Expert Advice🤫
We think this is how you could land Paraplanner
✨Tip Number 1
Network like a pro! Get out there and connect with people in the wealth management sector. Attend industry events, join relevant online forums, and don’t be shy about reaching out to professionals on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by researching LGT Wealth Management thoroughly. Understand their values, services, and recent news. This will not only help you answer questions but also show your genuine interest in the company. Plus, it’ll give you some great talking points!
✨Tip Number 3
Practice your financial planning scenarios! As a Paraplanner, you’ll need to demonstrate your analytical skills. Work through case studies or mock scenarios to sharpen your ability to provide tailored advice. This will boost your confidence and impress interviewers.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our team. So, get that application in and let’s make it happen!
We think you need these skills to ace Paraplanner
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your application to reflect the specific skills and experiences that align with the Paraplanner role. Highlight your understanding of financial planning and compliance requirements, as these are key aspects of the job.
Showcase Your Experience:Don’t just list your qualifications; share examples of how you've applied your knowledge in real-world scenarios. Whether it’s cash flow analysis or preparing financial advice letters, let us see how you’ve made an impact in your previous roles.
Be Clear and Concise:When writing your application, aim for clarity. Use straightforward language and avoid jargon where possible. We appreciate a methodical approach, so make sure your application is well-structured and easy to follow.
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 LGT Vestra LLP
✨Know Your Stuff
Make sure you have a solid understanding of financial planning and the regulatory advice process. Brush up on compliance requirements and be ready to discuss how you assess the suitability of financial products for clients' objectives.
✨Showcase Your Experience
Prepare to talk about your previous paraplanning roles and how they relate to the responsibilities at LGT Wealth Management. Highlight specific examples where you've successfully managed client files, conducted cash flow analysis, or produced bespoke advice reports.
✨Be Organised
Demonstrate your planning and organisational skills during the interview. Discuss how you prioritise your workload and meet deadlines, especially when it comes to preparing comprehensive financial advice letters and suitability reports.
✨Ask Insightful Questions
Prepare thoughtful questions about LGT Wealth Management's approach to wealth management and their culture. This shows your genuine interest in the company and helps you understand how you can contribute to their mission of putting clients first.
