SENIOR FINANCIAL ADVISOR/WEALTH MANAGER at Competent Candidates

Competent Candidates (PTY) LTD; Bellville; Hybrid; ZAR 300,000 - 600,000; Full time

Job summary

A well-established company in South Africa is seeking a financial advisor to manage an existing portfolio of clients. The role involves analyzing client portfolios, providing financial advice, and generating new business opportunities. Candidates should have a BCom, CFP accreditation, and approximately 5 years of experience in wealth management or financial advisory roles.

Qualifications

• Approximately 5 years in Wealth Management, Paraplanner, or Financial Advisory role.
• Excellent verbal and written communication skills in English and Afrikaans.

Responsibilities

• Analyze client portfolios and prepare review reports.
• Provide ongoing financial advice on portfolios and market trends.
• Identify and promote new business opportunities.

Skills

Wealth Planning

Wealth Management

Fluency in Afrikaans

Education

BCom

Post Graduation Diploma in Financial Planning

CFP Accreditation

RE Qualification

Job description

Position Overview

This position is within a well-established company with a national footprint, for a financial advisor managing an existing portfolio of clients for a fixed salary.

Your Qualifications and Experience

• Formal Education:
  • BCom
  • Post Graduation Diploma in Financial Planning
  • CFP Accreditation
  • RE Qualification
• Experience:
  • Approximately 5 years in a Wealth Management, Paraplanner, or Financial Advisory role.
  • Excellent verbal and written communication skills in English and Afrikaans at all levels.

Key Responsibilities

• Client Portfolio Reviews:
  • Analyze the performance of client portfolios and prepare review reports according to company policies.
  • Conduct client reviews and ensure timely submission of reports.
• Servicing Existing Clients:
  • Provide ongoing financial advice on portfolios, risk, market trends, and investment performance.
  • Process client instructions related to switches, repurchases, maturities, surrenders, and transfers.
  • Address client concerns, queries, and complaints.
  • Assist with opening CCM accounts, authorize payments, and support tax-related queries.
  • Support clients with wills and estate execution in collaboration with executors.
  • Ensure all client interactions adhere to the Treating Customers Fairly (TCF) principles.
  • Demonstrate understanding of shares and offshore investment processes.
• Generating New Business:
  • Identify and promote new business opportunities and services.
  • Compile estate duty calculations, risk cover, and investment proposals.
• Leadership & Support:
  • Oversee Junior Wealth Managers and ensure compliance.
  • Identify training needs and coordinate training sessions.
  • Conduct quality control on team outputs.
  • Collaborate with service providers to resolve client issues.
• General Administration:
  • Document client interactions promptly.
  • Maintain and update client records and ensure compliance with FICA and FAIS.

Desired Skills

• Wealth Planning
• Wealth Management
• Fluency in Afrikaans