Step into an instrumental practice 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 advisors and associate financial advisor(s) in the financial planning and asset management/asset allocation model workflow from start of the onboarding process to the completed client deliverable. 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. Paraplanner will also be responsible for working with the advisors on managing relationship with our financial planning team. This role provides direct client contact and 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 or event.
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.
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 to be used in implementation meetings with clients
Develop portfolio models/robust product solution recommendations that will fit the client's risk tolerance and time frame as well as develop appropriate product deliverables
40% Client Care / Business Management
Maintain client contact during the financial planning process. Answer questions and provide readily available information to clients, if requested and as allowable, as it relates to servicing their accounts
Review and update client information as needed for client 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
Direct attention to detail and great organizational skills
Effective communication with clients and other advisors/staff on team
Effective and efficient time management
Polite and clear phone manner
Ability to multi-task
Ability to adhere to rules and regulations as stated and required by advisor, Ameriprise Financial
Ability to support and provide guidance for compliance within the advisor's practice
Positive attitude and sincere willingness to constantly learn and grow
Education and Other Designations:
Associates degree or higher (preferred)
2+ years of similar industry experience (preferred)
Already have (preferred) or be able to study for and pass exams for federal and state licenses and registrations for securities, including Series 7, Series 66, and State life, accident and health insurance licenses within 6-8 months of hire date.