Senior Paraplanner - 11790


Senior Paraplanner
Bryanston Sandton
R 15 000 - R 20 000 Per Month

Paraplanner Tasks

  • Support financial advisors in serving clients by preparing for meetings.
  • Investment research.
  • Making preliminary financial planning recommendations.
  • Research financial databases and products that match clients' needs.
  • Construct visual aides including charts, graphs, and tables to be used in meetings with clients.

Requirements

  • 3-5 years Experience within Finance and Investments as a Paraplanner
  • Qualified CFP or equivalent
  • Proficient in estate planning, group benefits, SA individual and corporate tax planning, buy and sell/key man insurance and other

About the client

Founded by two British financial advisors to meet an increasing need in the financial services industry. The goal was simple: to provide international clients with a complete spectrum of wealth management and financial planning options and supply independent advice with an emphasis on continual guidance and support.

Headquartered in China and South Africa and the Philippines, we now operate throughout Asia and Africa to meet the demand for our specialised services and strong knowledge of financial opportunities for our global investors.

Our ability to seek out innovations and opportunities globally and quickly implement them has made us the most reputable financial services company in China, and a leader throughout the world. With over a hundred staff members supporting the Asia Pacific region and a growing team in South Africa and the Philippines, we cater to thousands of clients on six continents around the world.

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

A. Preparing and maintaining the client file
B. Preparing recommendations
C. Implementing recommendations
D. Review


A. Preparing and maintaining the client file

  • Check all compliance paperwork is present
  • Confirm client risk profile is determined
  • Discuss client objectives with planner
  • Identify and obtain the information necessary to compile financial cashflow forecast
  • Compile draft net worth statement; income and expenditure statements and financial cashflow forecast and discuss with planner

B. Preparing recommendations

  • Identify areas for planning
  • Undertake research both independently and with the Financial Planner to identify suitable solutions to meet the clients needs
  • Prepare information/comparisons for analysis by planner
  • Liaise with client’s legal and tax advisers (if applicable)
  • Consider current and future allocation of assets for investment strategy with regard to client risk profile
  • Prepare draft recommendation reports to be discussed/signed off by planner

C. Implementing recommendations

  • Prepare suitability letters in accordance with the agreed recommendations
  • Complete application / proposals forms
  • Ensure all compliance paperwork is in order
  • Make changes to clients’ investments as instructed 
  • Implement the chosen investment strategies

D. Review

  • Act as main point of contact and deal effectively with queries from clients and other parties through effective communication
  • Establish and build strong relationships with clients and attend client meetings with planner if required
  • Organise future planning meetings with client 
  • Review investment portfolio, asset allocation, risk profile etc
  • Send planning figures to client for update and revision in preparation for next meeting
  • Initiate review meetings with clients