An opportunity has arisen for a hybrid role of Paraplanning Manager and Paraplanner to join a successful and growing company.
Wise Investment is an independent, employee-owned wealth management and financial planning business. Since the company was founded in 1992, we have provided financial advice and investment management solutions to private clients.Quality and excellence sit at the core of our values and our team of experienced, qualified investment and financial planning professionals are committed to providing the best service with attractive returns, through the development of long-term relationships with our clients.
Main responsibilities
The successful candidate will be working as part of a small, developing team of paraplanners based in Chipping Norton.The role will include both Paraplanning duties as well as Management duties.
The office hours are Monday–Friday 9am to 5pm.
The responsibilities will include working with the financial planners, administrators and with other members of the team, to deliver a high-quality, efficient service to both customers and staff.This is a technical position, dealing at times with complex figures and rules, as well as routine tasks, which will not be limited to those listed below.
The responsibilities will also include line management of the paraplanners as well as working with the CCO and the rest of the management team on business strategy and day-to-day operational issues.
The following is a selection of the duties to be carried out:
PARAPLANNING ROLE:
- Analysis of client circumstances, objectives, requirements, and risk profile
- Research into, and analysis of, client current financial arrangements
- Analysis of client CGT position, and other tax considerations
- Researching products, and solutions
- Preparation and writing of recommendation letters and reports
- Assist with client reviews, including attending some client meetings
- Dealing with queries from clients and other staff
- Work with other team members to keep client records up to date
- Keep up to date with changes in all necessary financial planning areas
MANAGEMENT ROLE:
- Line management of paraplanning team members including appraisals and 1-2-1s and dealing with day-to-day queries
- Workflow allocation in the team
- Support the paraplanners with day-to-day queries
- Attend weekly Operations Meeting and be responsible for actions relating to the Paraplanning team
- Work with the CCO and management team to develop and carry out the business plan
- Chair team meetings
- Liaise with internal stakeholders, including Compliance, Financial Planners and Operations, to resolve technical, regulatory and process queries affecting the paraplanning team
- Carry out quality assurance reviews and audits for the paraplanning team
Key Requirements
- Strong interpersonal skills and previous experience managing a team
- Thorough knowledge of investments, pensions, and financial services regulation
- Commitment to excellent customer service
- Report writing skills
- Solid numeracy skills & statistical analysis
- Ability to conduct research
- Self-motivated and team-oriented
- Ability to prioritise multiple tasks and deadlines
- Highly organised and adaptable
- Accuracy and attention to detail
Salary and benefits
Basic salary: Dependent on experience
Pension contribution: 5% of basic salary. Salary sacrifice available.
Holiday allowance: 32 days, plus bank holidays and Christmas week. One volunteer day per year.
Individual training budget: £2,000 per year (10% can be used for personal training)
Death in service: 4x basic salary (salary cap £245,000)
Income protection: Maximum 75% of basic salary (salary cap £145,000)
Working hours: 35 hours per week
Salary and benefits are calculated on a pro-rata basis for part-time Partners.
Offers of employment are subject to the receipt of satisfactory references and background checks such as adverse credit and DBS (basic).
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Head of Paraplanning employer: Wise Investment | B Corp™
Wise Investment is an exceptional employer, offering a unique opportunity for growth and development within a supportive, employee-owned culture. Located in the picturesque Chipping Norton, our team enjoys a collaborative work environment that prioritises quality and excellence, alongside generous benefits such as a substantial holiday allowance, individual training budgets, and a commitment to work-life balance. Join us to be part of a dedicated team that values long-term relationships and professional development in the wealth management sector.
