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Details:

Unit:
Location: London
Introduction:
An excellent opportunity for a Planner to join the Wealth Planning business at Stonehage Fleming.
 
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Planner

Stonehage Fleming is one of the world’s leading independently owned family offices and the largest in Europe, Middle East and Africa (EMEA)* as measured by its breadth of services, geographic reach and by assets under management, advice and administration. *Source: Campden FB, April 2018

Stonehage Fleming provides a range of services from long-term strategic planning and investments to day-to-day advice and administration to over 250 families of substantial wealth. The Group employs over 500 people in 11 offices across 8 geographies.

Wealth Planning is the UK wealth advisory business of Stonehage Fleming. We work with wealthy and aspiring individuals to develop and implement strategies to protect and manage their wealth. The business is separately regulated to provide advice on all aspects of insurance, pensions and investments, with the experience and expertise to support clients across a broad range of wealth structuring, generational planning, tax and legal matters. Wealth Planning works with a c200 families with investable assets of c£2million upwards. The Client Relationship role that we are currently recruiting for is to support the team within Wealth Planning who typically advise our wealthiest and more complex clients

OVERALL PURPOSE

To support a Director or Adviser in preparing technical planning and regulated advice recommendations consistent with best advice and internal policies and procedures. To additionally provide input to those policies in designated product areas and provide mentoring and technical training and support to the wider team

PRINCIPAL ELEMENTS AND ACCOUNTABILITIES

Support the Director/Adviser in the development of Wealth Strategies

  • Complete fact finding on existing plans and policies
  • Support Director/Adviser in understanding wider client objectives
  • Prepare cash flow plans and work with adviser to develop different scenarios and strategies
  • Write Financial Review and Wealth Strategy documents
  • Attend client meetings to present cash flow to clients

Prepare advice recommendations

  • Research and analyse existing solutions and make recommendations focusing on more in-depth advice including new business, replacement business, transfers
  • Product areas most applicable include:
  • Investments including a centralised investment proposition
  • Pensions including consolidation, LTA analysis, DB transfers, benefit crystalisation
  • Protection focusing mainly on life cover for gifting and IHT planning
  • EIS and VCT using a central panel of approved providers
  • Wealth structuring including IHT planning, Life wrappers, etc.
  • Write recommendation reports, prepare associated paperwork
  • Where appropriate, attend client meetings to walk through advice and options
  • Oversee advice through to implementation

Research and Due Diligence

  • Take responsibility for one or more product areas and provide research, ideas and input to the development of the policies and approach for that area
  • Update central templates and advice policies
  • Maintain market awareness of new products coming to market
  • Keep up to date on legislative and product changes
  • Be a technical mentor and subject expert for the wider team

QUALIFICATIONS AND EXPERIENCE

  • Ideally educated to degree or equivalent level
  • Must have a minimum Level 4 qualification and be working to or already Chartered status
  • Evidence of ability to apply technical product knowledge to client situations in a high net worth environment
  • Knowledge of Voyant or similar cash flow modelling tool essential
  • High level of product knowledge around pensions and protection
  • Relevant experience to be able to talk confidently with and present to higher net worth clients

COMPETENCIES, SKILLS AND BEHAVIOURS

  • Excellent organisational skills, able to prioritise and juggle multiple demands on time
  • Strong interpersonal skills to work across the business at all levels
  • Excellent communication skills both written and verbal with an ability to articulate complex products simply and adapt to ways that clients will understand
  • Excellent attention to detail
  • Good level of numeracy and confidence with numbers
  • Proactive
  • Strong team player who supports and works towards team goals
  • Keen to learn and acquire new skills and knowledge and to share these with colleagues