SUMMARY:
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POSITION INFO:
Overview:
Our client is a growing holistic independent financial planning business, dedicated to helping clients achieve long-term financial security through tailored advice and comprehensive financial planning. They specialize in investment management, retirement, and estate planning, providing personalized solutions that align with each client’s unique financial goals.
The para-planner will play a crucial role in supporting the Financial Advisors with, but not limited to, technical financial planning analysis, preparing client reviews, preparing financial plans and recommendations, assisting with client Wills and estates, ensuring all compliance requirements are met. They will also assist with portfolio management, risk assessments, and expected to stay up to date on industry trends and regulations. The para-planner will work closely with the financial advisors to ensure clients receive high-quality financial advice and service.
Responsibilities:
- Draft and send client agenda’s, generate review reports, capture and draft meeting notes, assign or implement action items through to completion
- Complete work requests, including the preparation of written Records of Advice, technical calculations, and technical advice for Wealth Managers/Advisors as per company policies and procedures
- Work closely with attorneys that draw up clients wills and oversee the estate administrators and keep an updated record of the estate status, and report back to the financial advisor and client
- Review and update financial information on Elite Wealth as necessary
- Participate in the development of paraplanning policies and procedures
- Participate in assigned projects the firm implements
- Assist in improving, developing, and delivering services offered to clients
- Plan for upcoming reviews and set up weekly catch-up meetings with the advisor
- Provide regular feedback to advisors regarding workflows
- Knowledge of compliance requirements for FAIS/FICA, etc.
Requirements:
- Tertiary qualification and preferably Post Grad Diploma in Financial Planning
- Regulatory examination RE1 or RE5 is advantageous
- Certified Financial Planner CFP® is advantageous
- Strong analytical and problem-solving skills
- Excellent written and verbal communication skills
- Proficient in Microsoft Office Suite, specifically Excel
