Paraplanner - Godalming - Blakemore Recruitment

Blakemore Recruitment

Verified Company

Godalming, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

We are currently recruiting for a Financial Planning practice in Godalming who are looking to recruit a Paraplanner.

Role purpose

Paraplanning is a technical function that supports and informs the work of Financial Advisers in all areas of finance, including pensions, mortgages, general insurance, tax and investment management.

A Paraplanner's key role is to process the personal informationprovided by clients during a meeting with their Financial Adviser, before researching the best solutions that meet each client's financial needs.

Paraplanners do not give financial advice, but they do produce letters, reports and supporting evidence for consideration by the client.

They can also undertake highly technical analytical work, including cash-flow forecasting and investment analysis. Theythen process the paperwork with the product providers and follow up with reviews. They have to keep the Financial Adviser and the client up to date with communications from financial product providers.

The Paraplanner role may be broken down into four key parts:

Preparing and maintaining the client file.
Preparing recommendations.
Implementing recommendations.
Review.

Responsibilities

Assist the Financial Adviser/Planner in establishing new client relationships.
Assess clients' financial circumstances.
Prepare financial statements to support the development of clients' financial strategies. This may involve the use of Financial Planning software tools, such as O&M Profiler Analytics.
Carry out research and analyse products and services that are appropriate to each client's financial circumstances.
Propose and draft financial solutions that meet clients' goals, needs and objectives.
Implement actions such as changing existing investment holdings and policy information, as directed by the Financial Adviser/Planner.
Support the ongoing client relationship, including maintaining a client file review system to regularly assess client holdings and changing financial priorities.
Develop productive working relationships with colleagues and clients throughout the financial services environment.
Adhere to FCA rules and guidance.
Act ethically, impartially and always in the best interests of clients.
Meet the FCA (formerly FSA) Treating Customers Fairly requirements.