Paraplanner

Commonwealth Financial Network is a company focused on providing a supportive work environment and helping employees thrive. They are seeking a paraplanner to assist their Advanced Planning department in delivering financial planning strategies to independent financial advisors, emphasizing collaboration and attention to detail.

Responsibilities

• Attending discovery, partnership development, and other virtual meetings as requested
• Conducting data gathering calls and virtual meetings with advisors and/or clients to obtain information required to develop or update the financial plan
• Assisting with developing, implementing, and updating financial plans using planning software provided by the firm
• Working collaboratively with advisors to put finishing touches on the plans and assist in client delivery as needed
• Using appropriate software and calculators to run calculations, projections, and side-by-side comparisons (e.g., mortgages, 529 plans, and social security)
• Communicating with advanced planning consultants and other allied professionals, as needed
• Collaborating with third party software providers for troubleshooting on plans, if needed
• Analyzing clients’ income, taxes, insurance policies, expenses, assets, and debt (at least annually), updating this information in CRM and planning software
• Uploading clients’ estate planning documents, tax returns, insurance policies, investment account statements, household balance sheets, and all other relevant documentation to their household in Investor360°
• Gathering insurance quotes as needed, working alongside Ash Brokerage
• Reading trade journals, publications, the Commonwealth Business Review, and articles featuring the industry
• Reviewing clients’ goals and risk profile with the advisor
• Coaching advisors to quarterback the client relationship with clients, other professionals (e.g., an attorney or CPA), as well as helping advisors focus on the strategic big picture while walking them through planning issues
• Reviewing clients’ planning objectives to help identify opportunities to meet their needs
• Support advisors with proprietary software tools and troubleshooting planning software issues

Skills

• Bachelor's degree from an accredited university
• Familiarity with plan creation using financial planning software (experience with RightCapital, MoneyGuidePro or eMoney planning software a strong plus)
• Excellent knowledge and communication of financial planning concepts and terminology
• Basic knowledge of and ability to explain products, such as mutual funds, stocks, bonds, insurance, and annuities
• Proficiency with computer programs, including Microsoft Office and CRM systems
• Ability to proofread and quality check own work in accordance with firm/regulatory criteria
• Excellent time-management skills, including the ability to prioritize workload and meet deadlines
• Ability to identify and solve problems in a timely, efficient, and effective manner
• Demonstrated experience in using available resources to answer questions and resolve problems
• Ability to learn and efficiently use multiple technology platforms
• CFP® (or willingness to work toward certification) desirable
• Prior experience in financial services a plus

Benefits

• Generous bonus and 401(k) programs
• Tuition reimbursement
• Flexible work schedules
• Hybrid work schedule

Company Overview