About us

Paraplanner

Reporting to: Paraplanner Manager

Role: To support the team of financial planners and deliver a research and report writing service to high net worth clients.

Key Skills and Knowledge

  •  An understanding of the financial planning process.
  •  Ability to work within defined business processes.
  •  Prioritise and plan own workload to achieve agreed outcomes without supervision.
  •  Detailed and accurate.
  •  Articulate, analytical and numerate.
  •  Excellent communication and interpersonal skills.
  •  Good IT skills with competency in the use of the Microsoft Office suite (Excel, Word & Outlook) and financial research tools (e.g. O&M, Voyant, FE Analytics & Synaptic).
  •  Using FE Analytics to research and analyse fund performance, volatility and risk.
  •  Using Voyant to prepare cash flow plans for clients and incorporate system outputs into reports and assist with their presentation in client meetings.
  • Using O&M Pensions Profiler to analyse existing and recommended pension arrangements.
  •  Experience of wrap platforms and main tax wrappers.
  •  Advanced report writing skills.
  •  Ability to work independently and as part of a team.
  •  Broad knowledge of financial services world.
  •  High level of technical knowledge of financial products.

Accountabilities

  •  Preparing and Maintaining Client File
  •  Liaise with both the financial planner and administration team  to ensure all compliance paperwork is present.
  •  Ensure that sufficient ‘know your client’ information is obtained to support the financial planning process.
  •  Liaise with the financial planner to ensure the client’s objectives and risk profile are determined and recorded.
  •  Assist the administration team to gather all the relevant information linked to the client’s existing financial products and arrangements.
  •  Identify and obtain all relevant information as necessary to complete the suitability report and/or cash flow plan.
  •  Ensuring the necessary research data and supporting documentation are saved onto the client file.

Preparing Recommendations

  •  Identify outstanding financial planning requirements.
  •  Analyse the client’s current financial position and arrangements.
  •  Undertake research both independently and with the financial planner to identify suitable solutions to meet the client’s needs and objectives.
  •  Prepare information/comparisons for analysis by the financial planner. 
  •  Liaise with the client’s legal and tax advisers (if applicable).
  •  Prepare recommendations for appropriate investment strategies with regard to the client’s risk profile and available assets.
  •  Input cashflow information into Voyant for presentation to clients.
  •  Prepare illustrations and application forms for agreed recommendations.
  •  Prepare draft suitability reports to be discussed with/signed off by the financial planner.
  •  Maintain awareness of legislative changes and product developments by undertaking suitable CPD activities e.g. attending seminars/workshops.

Client Review Process

  •  Assist with the maintenance of client relationships e.g. attend client meetings in conjunction with a financial planner if required.
  •  Review investment portfolios, asset allocation, risk profiles etc.                

Qualifications

  •  Certificate in Financial Planning
  •  Diploma in Financial Planning (desirable)
  •  Relevant qualifications in other technical areas such pensions, investments, trusts, long term care/equity release (desirable).

Please contact us on 01223 720233 or email angela.webber@nwbrown.co.uk

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