Wealth Planner at Malander

Job description

A new opportunity has arisen for a Wealth Planner in Cape Town.

This role is ideal for sales driven individuals who enjoy the private client advisory environment through growing an investment client book with High New Worth clients, with a specific focus on lump sum investments and estate planning needs. This is achieved through the local and offshore PSP’s and fund product offerings.

Requirements:

• Experience and track record in high performance sales environments.
• Recognised tertiary qualification(s). Alternatively, will complete a recognised qualification within 6 years of appointment.
• PGDip Financial Planning/CFP® will be considered advantageous, but not a requirement for the role.
• Written and passed RE5 – Representative Exam. Alternatively, will complete the exam within 2 years of appointment.
• Experience in investment advisory to clients as a wealth manager in the HNW segment will be considered advantageous, but not a requirement for the role.
• More experienced advisors will be considered in terms of their mutual value proposition and skill set.
• Strong sales, interpersonal and business development skills and acumen.
• Ability to demonstrate a high level of new business prospecting activity, particularly within the first quarter of appointment.
• Ability to grow an investment client book within the first 12 months and consistently thereafter.
• Currently has an investment client book that can be brought across with no restraint of trade sanctions. A client book will be considered advantageous but not necessary.
• Has a unique network in which they can attract and source private client business as well as IFAs that want to merge their investment client books into Warwick.
• Needs to be a team player with the ability to function independently as well as be able to grow to manage a small team.

Remuneration

We provide the following to our Wealth Planners:

• R25 000 basic salary for first three months of employment, R22 500 for next three months, thereafter R20 000 basic salary.
• 80% of the ongoing Financial Advisor Agreement (FAA) fees based on KPIs.
• Additional ongoing payable should a book of investments be brought across.
• 50% of the upfront fees.
• 10% of executorship fees.

Potential candidates who are able to bring over a book of client investment business will be offered an even more enhanced ongoing remuneration package.