- Work accurately within defined business processes, independently or in a team;
- Achieve agreed outcomes without supervision;
- Multi-task, prioritise and plan own workload effectively;
- Pay attention to detail and communicate articulately;
- Demonstrate excellent interpersonal skills;
- Demonstrate strong analytical, IT and report-writing skills.
IFP’s Sue Whitbread: So, what makes a good paraplanner?
A recent survey conducted by the Institute of Financial Planning revealed that paraplanners are both very well qualified and valued by colleagues as an integral part of a financial planning business. So it seems logical to lift the lid on the role and see what makes a great paraplanner. In the early 1990s, the term paraplanner was widely used for anyone working in an administrative or supporting role within an advisory firm. Thankfully, we have moved on and paraplanning has deservedly gained recognition. A few years ago, the IFP drafted a paraplanner job profile which focused on four key areas: preparing and maintaining the client file; preparing recommendations; implementing the recommendations; and review. To achieve this, paraplanners need a sound understanding of the financial planning process and need to be able to: