The Wealth Manager is responsible for:
- Servicing of existing clients, including the review and managing of their Portfolios in terms of company policy;
- Support to Wealth Planners in terms of generating new business and preparing proposals for new and existing clients.
Your:
- Formal Education:
- BCom
- Post Graduation Diploma in Financial Planning
- CFP accreditation would be advantageous
- RE Examinations completed
- Experience:
- 5 years in a Wealth Management role
- Verbal and written communication, in English and Afrikaans, at all levels
will nable you to do the following duties:
- Client Portfolio Reviews
- Research performance of client portfolios and prepare Reviews in accordance with company policy and standards;
- Conduct Client Reviews and ensure that Review Reports are submitted in accordance with company policy;
- Servicing of Existing Clients
- Provide ongoing financial advice, in consultation with the relevant Wealth Planners, to clients regarding their portfolios i.r.o. risk, market trends, investment performance, benchmarks, insured values, etc.;
- Process and implement instructions from clients i.r.o.: Switches, Repurchases, Maturities, Surrenders, Sect 14 and Sec 37 transfers;
- Attend to and resolve clients’ concerns, queries, requests and complaints regarding their portfolios;
- Opening of CCM Accounts and authorisation of payments;
- Assist Clients in general Tax matters as well as obtaining Tax certificates, etc.;
- Assist Clients with the preparation and signing of Wills and execution of estates, in association with the executor.
- Ensure that the principles of the TCF Policy are applied in all interactions with clients;
- Generating New Business
- Pro-actively identify new business opportunities and market the range of services and products offered by the EFG;
- Compilation of proposals for, and Implementation of instructions from clients;
- Leadership & Support to Wealth Planner
- Assist the Wealth Planner in the mentoring and supervision of the Wealth Assistant to ensure supervision and other legal compliance requirements;
- Assist the Wealth Planner in the identification of training requirements for the Wealth Assistant and provide input for the Performance Appraisal Evaluation of the Wealth Assistant ;
- Assist the Wealth Planner in the quality control of work outputs of the Wealth Assistant to ensure high standards of client service and portfolio management;
- Liaison with Service Providers to resolve problems in client service;
- General Administration
- Recording of all client interaction upon completion of such interaction;
- Maintain and update client records and database including static data;
- Ensure compliance with FICA and FAIS legislation.
