EXPERIENCED FINANCIAL ADVISERS WANTED
To join our Bournemouth office.
We are looking for ambitious self-motivated financial advisers who may be frustrated or not adequately rewarded within their current environment, or who may currently be working in a network with little support and guidance. The ideal candidates will currently be producing in excess £100,000 annual brokerage (gross commissions and/or fees) and/or may be working as a tied adviser with a bank or insurance company.
The successful candidate will enjoy a great working environment and a business culture where people are treated fairly, as adults and involved in what is going on. We are at the forefront of advice firms, have invested heavily in technology and have a great support structure. At the recent Adnitor platform in October 2008 awards Money Wise was nominated in the category “Best Platform Adviser” (large firm category, i.e. more than 10 advisers).
Money Wise has been recognized within the industry as a role model for ‘new model’ advisers, having embraced wrap technology at the core of it’s business processes and in conjunction with a very successful range of 7 successful risk rated discretionary investment portfolios that have outperformed all the major benchmarks and our pier groups.
In addition to basic salary and bonus (or revenue share in the case of self-employed advisers) we have an equity participation scheme that allows successful advisers to share in the future growth in the value of the business.
We would expect the successful candidate to bring their existing clients and professional introducers. We may provide some leads from our own marketing activities, advertising and website enquiries but that could not be relied upon as the only source of business leads.
Some of the benefits of joining Money Wise IFA Limited
You will be working within a highly successful team where a number of individuals are used to producing over £200,000 brokerage per annum. We ensure that Training and Competence standards are maintained and that investment advisers are adequately supervised. We assess and train any new recruits to a satisfactory standard and ensure administration staff remain competent for their role in providing support.
Para-planning Support
We provide para-planning support so that advisers can concentrate on dealing with clients' needs rather than spend hours preparing client reports and recommendations. Our para-planners use comprehansive report templates to prepare reports for the adviser to check, edit and sign off as necessary.
Industry exams
Help available towards qualifications such as CeMap and the Diploma in Financial Planning.
Reports provided
We provide you with the following reports:
Lapse / Clawback notifications (weekly)
KPI's including Persistency, range of advice areas and range of providers used (quarterly)
CPD hours (half yearly)
Sales results bulletins (weekly & quarterly)
Targets and budgets (quarterly)
RMAR reports to FSA (half yearly)
Advertising
All advertising, stationary and mail shots will be checked to ensure compliance.
Training for new recruits
Help with all the paperwork required!
Observing initial client meetings
Money Laundering Complaints handling
File reviews conducted with comments and help provided
Checklists to help ensure Suitability Letters and file contents are complete
Initial Disclosure Documents (IDD)
We produce and maintain Key Facts IDD's
Licenses
We hold valid licenses for Consumer Credit and Data Protection.
Authorised and Regulated
We are Authorised and Regulated by the FSA and our permitted business is:
Advising and arranging Investments (including non-investment insurance contracts, life policies & pension schemes)
Advising and arranging Regulated Mortgage Contracts
Advising on Pension Transfers & Pension Opt Outs
Advising and arranging Inheritance Tax Mitigation Schemes
Regular bulletins and fact sheets
We provide you with regular bulletins and fact sheets on technical and regulatory matters
Portfolio valuations
We provide up-to-date portfolio valuations for investment clients using fund price updates from Financial Express and 1st Software’s ‘Adviser Office’ and for larger portfolio's we are offering the latest in 'wrap' technology using Fundsdirect wrap service "Ascentric".
Portfolio Management
In conjunction with the Ascentric wrap we run a series of risk rated investment portfolios and have outperformed all our pier groups, e.g. Williams de Broe, 7IM, Brewin Dolphin, Chartwell etc.
Client database
You will have remote access to our fully maintained database, provided by 1st software.
Adviser intranet
We will set up a user name and password for you which will give you access to our comprehensive Intranet. Some of the things this provides you with are the Company Manual, Training & Competence Manual, and Online Suitability Reports. These Suitability Reports can be made client specific whilst still containing all the regulatory information required, saving advisers a lot of time and worry.
For a confidential chat why not call and speak to Malcolm Coury on 01225 471100 or send your CV in confidence E-mail |
