Walk-in || UK Paraplanner

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:

Generally the Financial Planner should collect the qualitative information (client attitudes,

life Goals etc.) leaving the paraplanner to collect all the quantitative detailed information

required to compile a financial plan. The Paraplanner may attend client meetings.

Specific activities include:

• 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 cash flow forecast
• Compile draft net worth statement; income and expenditure statements and financial
• cash flow 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 clients providers.
• Consider current and future allocation of assets for investment strategy with regard to client risk profile
• Generate quotes and illustration Online from respective providers
• 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
• Learn and execute the re-registration processes

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
• Preparing client valuations
• Organize future planning meetings with clients
• 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
• Liaise with providers for fund valuations