Your financial qualification is essential (e.g. B Com finance, accounting, investment management), a Post Graduate diploma in Financial Planning, CFP designation and a Minimum of 3 years relevant experience will enable you to:
- Consolidate and summarise all client assets (policies, investments & properties)
- Make necessary projections
- Highlight different tax implications
- Prepare the necessary cash flows to ensure sustainability of income
- Identify the appropriate investment vehicle and structure
- Identify the client's capital & income needs in the event of death/disability/severe illness/retirement
- Determine capital / income shortfalls
- Analyse & compare various local & offshore unit trust funds (CIS). Obtain & provide performance graphs, asset allocation, risk & return scatterplots, risk correlation tables etc.
- Consolidate and summarise all policies, investments & assets and liabilities at death, disability or severe illness.
- Consolidate all income and capital needs of the client at death, disability or severe illness.
- Calculate tax and duties payable at death
- Prepare the necessary estate planning proposal which contains a breakdown of the estate duty, summary at death and liquidity position at death.
- Determine additional cover needed.
- Prepare the necessary risk proposal for disability and severe illness which compares the provisions with the shortfall.
- Determine capital / income shortfall or surplus at death and can make the appropriate recommendation.
- Business Assurance - including Buy-and.-sell agreements, credit/debit loan accounts, contingent Liability, keyperson assurance and. Deferred/Preferred compensation.
- Calculate company values where necessary
- Liaise closely with all stakeholders (i.e. Wealth Planners / Financial Advisors from Efficient Wealth, External brokers, Investment Consultants from Life and Asset Management Companies)
- Advise Wealth Planners on where to invest, and tax implications
- Drafting of reports and estate plans as per instructions from the Wealth Planner
- Provide additional assistance to the Wealth Planners after presentation of the report, when necessary
- Research investment portfolios and investment performance
- Provide recommendations on various products and investment structures
- Track relevant legislation and keep up to date on investment solutions
- Financial planner
- writing
- word
