Shadow Financial Advisor/Paraplanner

Reed; Coventry; Hybrid; GBP 29,000 - 35,000; Full time

Job summary

A financial advisory firm in Coventry is seeking a Shadow Advisor to provide paraplanning support in a hybrid role. The position offers a salary of up to £35k and opportunities for professional growth towards becoming a Financial Advisor. Responsibilities include preparing reports, conducting product research, and supporting client interactions. Applicants should ideally be working towards or possess a Level 4 Diploma in Financial Planning.

Benefits

Study support

24 days holiday + bank holidays

Quarterly discretionary bonus

Qualifications

• Close to achieving Level 4 Diploma in Financial Planning.
• Experience in a financial services environment is preferable.

Responsibilities

• Provide paraplanning support to the financial advisor.
• Prepare compliance documents and suitability reports.
• Conduct research on financial products.

Skills

Financial knowledge

Report writing

Client communication

Education

Level 4 Diploma in Financial Planning

Job description

Overview

Shadow Advisor — Hybrid opportunity — Up to £35k

This Shadow Advisor/Paraplanner role is best suited to a Level 4 Diploma qualified Paraplanner or someone close to achieving it, who wants to be part of a close-knit team where both professional and personal growth is strongly supported. There is the opportunity to progress into a Financial Advisor.

Responsibilities

• Provide comprehensive paraplanning support to a financial advisor.
• Sit in meetings with the financial advisor, and support where possible.
• Work with the financial advisor to support clients.
• Prepare detailed client suitability reports and annual review documents, ensuring compliance with both FCA regulations and firm-specific guidelines.
• Conduct thorough research on products, funds, and investments to support informed financial advice.
• Perform tax calculations and stay abreast of changes in tax legislation to ensure accurate financial planning.

Benefits

• Salary - Up to £35k
• Study support
• Progression into a Financial Advisor
• Holiday - 24 days + bank holidays. Closed over Christmas.
• Quarterly discretionary bonus

To apply for this Shadow Advisor role, please apply below

Synonyms

Trainee Financial Advisor, Financial Planner