Paraplanner - Financial planning

ZipRecruiter; Memphis (TN); On-site; USD 45,000 - 75,000; Full time

Job summary

An established industry player is seeking a dedicated Paraplanner to enhance the efficiency of their financial planning office. This role is vital in supporting financial advisors by preparing preliminary financial plans and managing client relationships. The ideal candidate will exhibit strong attention to detail, effective communication skills, and a positive attitude. Join a dynamic team where your contributions will directly impact client satisfaction and business success. If you're ready to grow in a supportive environment while learning from experienced professionals, this opportunity is perfect for you.

Qualifications

• Assist financial advisors in the financial planning workflow.
• Prepare preliminary financial plans and client deliverables.

Responsibilities

• Prepare financial planning recommendations for advisor review.
• Maintain client contact and manage service problems.

Skills

Attention to detail

Effective communication

Time management

Multi-tasking

Education

College degree or higher

2+ years of similar experience

Job description

Job Description

Position title: Paraplanner

Position Description:

Step into an instrumental role. Help conduct the smooth operation of a fast-paced and friendly financial planning office. Work as an employee of an independent advisor franchisee with a financial advisory practice of Ameriprise Financial. Assist in daily business operations.

The paraplanner will primarily assist financial advisor(s) and associate financial advisor(s) in the financial planning workflow. This position will consistently follow high standards of business and professional ethics and legal and regulatory requirements when dealing with others and/or performing work activities.

This role provides client relationship support through managing, gathering, and analyzing client data, helping prepare preliminary financial plans and other client deliverables, working with clients to resolve issues, and other practice management tasks as needed. Responds to ad hoc requests, coordinates/tracks projects, and/or manages business-as-usual projects such as organizing a client seminar.

Responsibilities and Time Allocation: Will change over time to meet the needs of the practice and can include other duties as assigned by the advisor.

Position Functions

1. Financial Planning & Advice / Product Solutions (60%)

• Prepare preliminary financial planning recommendations and initial product solutions for advisor review and use in client meetings.
• Prepare charts, graphs, tables, and other visual aids for implementation meetings with clients.
• Develop portfolio/robust product solution recommendations that fit the clients' risk tolerance and time frame, and develop appropriate product deliverables.

Client Care / Business Management (40%)

• Maintain client contact during the financial planning process. Answer questions and provide information to clients related to servicing their accounts, as permitted.
• Review and update client information as needed for review meetings. Attend and participate in client meetings if necessary.
• Manage and resolve client service problems.
• Perform other allowable duties as assigned by the financial advisor(s).

Key Traits of a Successful Paraplanner

• Attention to detail and organization
• Effective communication with clients and staff
• Efficient time management
• Polite and clear phone manner
• Ability to multi-task
• Adherence to rules and regulations as required by the advisor and Ameriprise Financial
• Support and guidance for compliance within the practice
• Positive attitude and willingness to learn and grow

Education and Qualifications

• College degree or higher
• 2+ years of similar experience
• Ability to study for and pass exams for federal and state licenses, including Series 7, Series 66, and State life, accident, and health insurance licenses