Financial Planning Expert
1 week ago
We are currently recruiting for a Financial Planning firm based in Hertford, who are looking for an experienced Paraplanner to join their team. This is a fantastic opportunity for someone to work with a well-established business, providing holistic financial planning services to clients across the region.
Key Responsibilities- Research and Analysis: Conduct in-depth research on financial products, market trends, and regulatory changes to provide IFAs with valuable insights that inform client recommendations. Analyze clients' existing financial positions and assess future needs based on factors like risk tolerance, investment goals, and tax efficiency.
- Financial Planning Preparation: Prepare comprehensive financial plans for clients, translating the IFA's broad strategy into detailed, actionable plans that include investment recommendations, retirement planning, tax strategies, and estate planning options.
- Report and Document Preparation: Draft suitability reports, which document the rationale behind financial advice provided to clients. This documentation is crucial for both transparency and regulatory compliance, ensuring that recommendations meet regulatory standards and align with the client's best interests.
- Regulatory Compliance: Ensure all advice and recommendations adhere to FCA regulations, conducting Know Your Client (KYC) checks, Anti-Money Laundering (AML) processes, and ensuring all documentation is properly filed and accessible for audits.
- Product Recommendations and Comparisons: Assist in selecting the most suitable financial products by comparing available options. Assess costs, benefits, and potential risks associated with each option to determine the most appropriate fit for the client's needs.
- Client Liaison and Support: Communicate directly with clients to clarify information, gather additional details, or provide follow-up support, enhancing the client experience.
- Administrative Support: Update client files, maintain financial databases, and track the progress of financial applications, ensuring accurate and up-to-date records.
- Technical Knowledge: Possess a deep understanding of financial products, tax implications, pension schemes, investment vehicles, and regulatory frameworks.
- Analytical Skills: Strong analytical skills to assess a client's financial situation, identify trends, and anticipate potential outcomes of recommended strategies.
- Attention to Detail: Ensure precision in reports, calculations, and compliance checks to maintain trust and protect clients' interests.
- Regulatory Awareness: Stay informed on changes in legislation and ensure all client advice aligns with the latest standards.
- Software Proficiency: Be proficient in using financial planning software and portfolio management tools.
- Communication Skills: Clearly articulate complex financial information to both IFAs and clients, ensuring all stakeholders understand the advice and actions being taken.
We offer a competitive salary of £45,000-£55,000 per annum, depending on experience, as well as opportunities for professional growth and development. If you are a motivated and detail-oriented individual looking to make a meaningful contribution to a dynamic team, please submit your application.
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Watford, Hertfordshire, United Kingdom Blakemore Recruitment Full time{"h2": "Paraplanner Role for Financial Planning Firm in Hertfordshire", "p": "We are hiring a skilled Paraplanner to join our team at Blakemore Recruitment. Our client, a financial planning firm based in Hertford, is seeking an experienced professional to work on investment planning, financial management, pension planning, trusts, and IHT estate planning....
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