AU Paraplanner

Roles and Responsibilities

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

A. Preparing and maintaining the client files software entries

B. Understanding and analyzing the recommendations to confirm that the compliance requirements are met

C. Implementing recommendations

D. Review external networks.

A. Preparing and maintaining the client file:

• Generally the Financial Planner would 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.
• 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. Understanding and analyzing the 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
• Complete current and future net worth and cash flow projection as per the recommendation.
• Prepare draft recommendation reports to be discussed/signed off by planner.

C. Implementing 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:

• Organise future planning meetings with client as per the review period.
• Complete review packs in preparation for client meeting.
• Review investment portfolio, asset allocation, risk profile etc.

Desired Candidate Profile

• 1-6 years of experience in paraplanning or a related field (e.g., financial services).

• Experience in paraplanning admin.

• Proficiency in using ROA (Return on Advice) software for generating reports and analysis.

• Excellent communication, organizational, and time management skills with ability to prioritize tasks effectively.

Job Location, Work Timings and Work Model:

• Gandhinagar
• 7:30 AM to 4.30 PM (IST) and 1st, 3rd, 5th Saturday of