- Posted 21 November 2022
- Salary£25000 - £35000 per annum
- LocationEdinburgh
- Job type Permanent
- DisciplineFinancial Services
- Expiry 11 December 2022
- Reference38537_1669046722
Consultant
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Trainee Paraplanner
Job description
Idex Consulting have a new opportunity for an Trainee Paraplanner to join a large, modern IFA practice in Edinburgh
About The Role
To assist the Financial Planning team and Investment Managers in all aspects of client work.
Responsibilities:
- Work closely with Financial Planners to help prepare and implement advice for clients including preparing draft suitability reports, statements of ongoing suitability and annual wealth management reports
- Responding to client technical queries in relation to a full advice proposition, including offshore bonds, pensions and tax-led investments
- Responsible for a bank of Wealth Management, Family Office, and Transactional Financial Planning clients
- Assist in compiling financial planning and investment proposals, taking responsibility for any additional bespoke work being proposed such as cash-flow modelling
- Liaise with Financial Planning Administrators and Private Client Associates to prepare new client and annual review client packs
- Maintain compliant advice files in Practice Management System (Xplan)
- Attend client meetings where appropriate, and draft meeting notes for advice files
- Liaise with third party stakeholders such as accountants, lawyers and service providers where relevant to provide/obtain information for mutual clients
- Provide general technical support to Financial Planners and Investment Managers
- Keep up to date with FCA rules and regulations
- Complete monthly compliance modules in timely fashion before deadlines
- Participate in any projects and relevant business initiatives when required
- Continually look at ways to enhance operational systems and procedures to maximise efficiencies e.g. Xplan (practice management system)
Qualifications
- Candidates must be level 4 diploma in financial planning (or equivalent) or working towards
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