Independent Financial Advisor
Independent Financial Advisor
Posted on :
23-09-2024
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1 Vacancy
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Job Description
Our client is a fully integrated financial services group established in 2012 with offices in the UK and Bermuda. The group offers two main services Investment Management and Institutional Trading. They are now looking for an Independent Financial Advisor (Self Employed).
The role is for a qualified IFA looking for a new home to manage and grow their business. The role is typically self employed with full flexibility in terms of being able to work from home and hours required. The successful candidate will join a small close knit team of existing advisers.
Reports to the Director
Key Responsibilities
- Adhere to FCA Individual Conduct Rules:
- Act with integrity.
- Exercise due care skill and diligence.
- Maintain openness and cooperation with regulators.
- Prioritize customer interests and treat them fairly.
- Follow proper standards of market conduct.
- Act with integrity.
RoleSpecific Responsibilities:
- Have detailed knowledge of FCA rules concerning pensions investments estate planning and protection advice.
- Comply with the Financial Services and Markets Act 2000 FCA Principles and Individual Conduct Rules.
- Conduct Know Your Customer (KYC) inquiries and gather sufficient information to provide suitable advice.
- Accurately analyze client data and research appropriate investment options on an independent wholemarket basis.
- Present suitable advice clearly including charges disadvantages and reasons for recommendations.
- Complete all documentation thoroughly and in line with FCA guidance.
- Provide ongoing advice on personal pensions ISAs GIAs and bond investments.
- Monitor client portfolios according to investment objectives and risk profiles.
- Build and maintain strong relationships with clients and intermediaries.
Client Management:
- Develop new client relationships through direct contact referrals or intermediaries.
- Maintain regular communication and reporting with clients and intermediaries.
- Make formal presentations to investors on products and services as required.
- Monitor portfolio performance and ensure alignment with client objectives and industry benchmarks.
- Implement antimoney laundering procedures when opening new accounts.
- Ensure all client information is accurately recorded and maintained.
Compliance Risk Governance and Legal:
- Act in accordance with FCA s Statements of Principles and Code of Practice for Approved Persons.
- Manage risk within the area of responsibility to prevent errors and breaches.
- Adhere to client mandates compliance procedures and FCA and HMRC rules.
- Meet responsibilities outlined in the Disaster Recovery Plan.
Project Management:
- Identify areas for development or efficiency improvements and propose action plans.
- Actively contribute to projects and initiatives as required.
Continued Professional Development (CPD):
- Ensure relevant CPD is undertaken to maintain competence in the role and apply learning to the workplace.
- Manage career development and training in consultation with your line manager.
- Maintain uptodate knowledge of the industry competitors and group products/services.
- Maintain industryrequired qualifications and CPD to meet regulatory standards.
Requirements
Job Requirements:
- APFS or ACII or equivalent (E)
- Proven Experience as a FCA Approved Wealth Manager
- Working knowledge of FCA and HMRC regulations
- Having a passion for the IFA side rather than the admin/compliance
- Interpersonal skills
- Proven ability to deal with high profile clients
- Negotiation and presentation skills
- Analytical and investment skills
- Accuracy and attention to detail
Benefits
- Pension
- Commission
- Bonus Structure: Minimum of 2000 a month billed to the business for compliance but 80/20 in favour of the IFA individually
- Holiday entitlement decided upon by the candidate Independent working under own decision Pension Scheme statutory Remote option for the candidate
Job Requirements: APFS or ACII or equivalent (E) Proven Experience as a FCA Approved Wealth Manager Working knowledge of FCA and HMRC regulations Having a passion for the IFA side rather than the admin/compliance Interpersonal skills Proven ability to deal with high profile clients Negotiation and presentation skills Analytical and investment skills Accuracy and attention to detail
Employment Type
Full Time
Key Skills
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