At a Glance
- Tasks: Prepare client documentation and reports while collaborating with the investment team.
- Company: Boutique IFA in London, specialising in high-net-worth clients.
- Benefits: Competitive salary, flexible working, 25 days leave, and study support.
- Other info: Opportunity for career advancement and personal client management.
- Why this job: Join a dynamic team and grow into an advisory role with real client impact.
- Qualifications: Experience in financial planning and strong report writing skills.
The predicted salary is between 50000 - 70000 £ per year.
Location: London (City), Flexible office attendance (1-3 days per week)
Salary: £50,000 - £70,000
Duration: Full time, Permanent
We are working exclusively with a Boutique IFA based in The City who are looking to bring on an experienced Paraplanner. The firm specialises in working with HNW past and present legal professionals and has an average client size of around £4 million. Due to the nature of the clients, you will be involved in a wide range of cases including complex tax and trust planning. The firm uses an interesting mix of traditional financial planning and institutional investment techniques to create client portfolios that are predominantly passive.
Key duties of the Paraplanner:
- Preparing documentation for client review meetings
- Attending and minuting client and prospect meetings
- Production of Suitability Reports for existing clients covering for example, pension draw and contributions, pension transfers, fund switches, bond assignments and surrenders. There is also occasionally a need to recommend protection products.
- Producing full planning reports for new clients.
- Investment strategy and risk approach is arrived at through the use of our proprietary investment modelling which shows outcomes as real (after inflation) annual spending amounts within a range. Altering the risk approach changes the range of outcomes.
- Liaising with our Investment Team to communicate changes to client plans which impact on the investment strategy.
- In time, for the right candidate, there is likely to be the opportunity to look after a number of their own clients.
What’s on Offer?
- Salary of up to £70,000
- Flexible office attendance with no mandatory requirements
- 25 days annual leave + bank holidays, rising to 30 with service
- Potential to take on clients and move into an advisory role over time
- Study support
- Strong benefits package
What’s Next?
If you are interested in the Paraplanner position then please submit your CV and if you meet the requirements one of our consultants will be in touch within 24 hours!
Paraplanner employer: WEALTHLINK RECRUITMENT LTD
Join a dynamic Boutique IFA in the heart of London, where you will thrive in a flexible work environment that values your expertise as a Paraplanner. With a strong focus on professional development, you will have the opportunity to advance into an advisory role while enjoying a generous benefits package, including 25 days of annual leave that increases with service. This firm not only offers competitive salaries but also fosters a collaborative culture that encourages innovation and personal growth, making it an exceptional place for dedicated professionals seeking meaningful work.
Contact Details:
WEALTHLINK RECRUITMENT LTD Recruitment Team
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 financial services industry. Attend events, join online forums, and don’t be shy about reaching out to potential employers or colleagues on LinkedIn. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to paraplanning. Think about how you can showcase your experience with complex tax and trust planning. We recommend doing mock interviews with friends or using online resources to boost your confidence.
✨Tip Number 3
Showcase your skills! Create a portfolio that highlights your best work, including suitability reports and planning documents. This will give potential employers a tangible sense of what you can bring to the table, especially when dealing with high-net-worth clients.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always looking for talented individuals like you to join our team, so make sure you put your best foot forward!
We think you need these skills to ace Paraplanner
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience that match the Paraplanner role. Highlight your experience with complex tax and trust planning, as well as any relevant financial services qualifications.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention your passion for working with HNW clients and how your background aligns with the firm's approach to financial planning.
Showcase Your Report Writing Skills:Since report writing is a key part of the job, include examples of your previous work or mention specific reports you've produced. This will demonstrate your ability to create Suitability Reports and full planning reports effectively.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the quickest way for us to receive your application and get in touch if you meet the requirements. Don’t miss out on this opportunity!
How to prepare for a job interview at WEALTHLINK RECRUITMENT LTD
✨Know Your Stuff
Make sure you brush up on your knowledge of financial planning, especially around complex tax and trust planning. Familiarise yourself with the types of clients the firm works with, particularly high-net-worth individuals, so you can speak confidently about their needs.
✨Prepare for Suitability Reports
Since you'll be involved in producing Suitability Reports, practice explaining how you would approach pension drawdowns, transfers, and fund switches. Be ready to discuss your methodology and any tools you use, as this will show your analytical skills.
✨Showcase Your Communication Skills
As a Paraplanner, liaising with both clients and the investment team is key. Prepare examples of how you've effectively communicated complex information in the past, whether in meetings or through documentation. This will highlight your ability to work collaboratively.
✨Ask Insightful Questions
At the end of the interview, don’t shy away from asking questions. Inquire about the firm's investment strategies or how they integrate traditional and institutional techniques. This shows your genuine interest in the role and helps you assess if it's the right fit for you.
