IFA Assistant / Paraplanner

Description, duties, responsibilities

Ensure that the procedure to open a new client account has been completed prior to the client arriving for their first meeting with the adviser. Prepare an up to date asset sheet for existing clients in preparation for their meeting with the financial adviser. This will include liaising with mortgage lenders to ascertain the outstanding mortgage amount and details of any penalties and life and investment companies to obtain up to date details and valuations. Maintain the adviser’s Activity Sheet. Ensuring business is progressing through the system satisfactorily. Request and chase any that may be needed for the adviser to progress further with their advice i.e. obtain a signed letter of authority from the client to enable us to approach their existing provider, liaise with administration in the chasing of the information and once received to update the client’s asset sheet and arrange a further meeting for them with the adviser. Meet with the adviser following the client meeting and discuss what is needed to take the client from their current portfolio to that recommended by the adviser. Produce comparison prints and select the provider that best suits the client’s needs, to research products for the adviser, to order illustrations and apply for applications on the Internet and by telephone where applicable. Collate all the information and produce the report that the client will receive as the first contact after the initial meeting.

Other benefits

Two bonus schemes in operation which will be explained at interview (Last year amounted to nearly £1,000)

All IFA products at a discount.

Personality requirements and skills

Preferably have at least two years experience in the industry since you will be dealing with all aspects of pensions, investments, mortgages, savings etc. Good common sense and problem solving ability useful.