Wealth Advisor - Private Wealth Practice

About the role

A boutique, owner-led wealth management practice in Somerset West (Helderberg) is looking for a Wealth Advisor to work alongside its Principal Wealth Manager. The firm serves private clients, families and business owners with local and international investment planning, and the role reports to the Founder and Principal Wealth Manager.

Key responsibilities

• Prepare for and attend client review meetings, build financial needs analyses, investment proposals and records of advice in line with FAIS requirements
• Produce meeting minutes and action lists after each meeting, and present portfolio reviews and recommendations to clients, becoming the primary adviser on an allocated panel over time
• Research and recommend local and offshore investment solutions, and support offshore investment and foreign exchange transactions, including SARB allowance processes
• Assist with retirement, estate and succession planning, and prepare CGT and tax-efficiency calculations
• Act as day-to-day point of contact for clients, follow up with the administration team on client instructions, and keep client records, FICA documentation and the CRM current
• Help deepen existing relationships, engage the next generation of client families, and contribute to onboarding new clients and referrals

Required profile

• 3 to 6 years in wealth management, financial planning or private banking
• RE5 and FAIS fit-and-proper status, with a recognised qualification, current CPD and no debarment
• CFP™ qualification, or demonstrably in progress with a clear completion timeline
• Relevant degree such as BCom Financial Planning or PG Dip Financial Planning, or equivalent
• Fluency in Afrikaans, exposure to forex/offshore transfers and experience in a boutique practice are advantageous
• Based in, or within easy commute of, the Helderberg

Required skills

• Strong working knowledge of South African investment platforms and offshore investment structures
• Competency in CGT calculations and sound understanding of estate and retirement planning
• Excellent written communication and high attention to detail