Chris Adams, Authorised Chartered Financial Planner and Paraplanner at Gibbs Denley Financial Services.
In reality, 40% of my time is spent paraplanning for advisers, 10% in supporting colleagues, 20% in advising and 50% in writing reports (and no, it doesn’t add up!).
Find out more about Chris’ role in his video below:
A Day in the Life of an Authorised Chartered Paraplanner:
Pre-work: I like to get into work at around 8am to grab a coffee and work out my day.
AM: I’ll check emails before devoting the morning to larger pieces of work, such as report writing, lifetime cashflow forecasting and substantial emails to clients.
I’m a big fan of “deep work” which is I understand as dedicating a good block of time to one substantial piece of work. I tend to get allocated:
PM: The aim is to push direct advising and support functions into the afternoon. This tends not to occur. I will:
There are tasks that are less frequent than daily, such as:
This mix results in very varied days, which go very quickly. I am planning to specialise in future, by removing lower net worth clients and focusing on my other duties, as the company itself also focuses on higher net worth clients.
For more information on the different paths to becoming a Paraplanner, including qualifications, exams and salary information, check out the Paraplanner Role Profile.
Read our Certificate in Paraplanning FAQ’s to find out information such as;
How do I enrol for the Certificate in Paraplanning
How long does it take to complete the CII Certificate in Paraplanning
What is the CII Certificate in Paraplanning
What is the difference between CF1 and R01
and more!
Read another insightful article on ‘A Day in the Life of a Paraplanner’ to find out more information about the Paraplanner role.
