Independent Financial Advisor

Role: Independent Financial Advisor - Self-employed consultant
Client: Investment Management Firm
Type: Permanent
Location: Mayfair - Remote or Hybrid (London)
Salary: Negotiable Self-Employed

Spinwell is recruiting for an Independent Financial Advisorfor an excellent opportunity within the private sector.

Description

The role is for a qualified IFA looking for a new home to manage and grow their business. The role is typically self employed with full flexibility in terms of being able to work from home and hours required. The successful candidate will join a small close knit team of existing advisers.

Key Responsibilities:

• Adhere to FCA Individual Conduct Rules:
• Act with integrity.
• Exercise due care, skill, and diligence.
• Maintain openness and cooperation with regulators.
• Prioritize customer interests and treat them fairly.
• Follow proper standards of market conduct.

Role-Specific Responsibilities:

• Have detailed knowledge of FCA rules concerning pensions, investments, estate planning, and protection advice.
• Comply with the Financial Services and Markets Act 2000, FCA Principles, and Individual Conduct Rules.
• Conduct 'Know Your Customer' (KYC) inquiries and gather sufficient information to provide suitable advice.
• Accurately analyse client data and research appropriate investment options on an independent, whole-market basis.
• Present suitable advice clearly, including charges, disadvantages, and reasons for recommendations.
• Complete all documentation thoroughly and in line with FCA guidance.
• Provide ongoing advice on personal pensions, ISAs, GIAs, and bond investments.
• Monitor client portfolios according to investment objectives and risk profiles.
• Build and maintain strong relationships with clients and intermediaries.

Client Management:

• Develop new client relationships through direct contact, referrals, or intermediaries.
• Maintain regular communication and reporting with clients and intermediaries.
• Make formal presentations to investors on products and services as required.
• Monitor portfolio performance and ensure alignment with client objectives and industry benchmarks.
• Implement anti-money laundering procedures when opening new accounts.
• Ensure all client information is accurately recorded and maintained.

Compliance, Risk, Governance, and Legal:

• Act in accordance with FCAs Statements of Principles and Code of Practice for Approved Persons.
• Manage risk within the area of responsibility to prevent errors and breaches.
• Adhere to client mandates, compliance procedures, and FCA and HMRC rules.
• Meet responsibilities outlined in the Disaster Recovery Plan.

Project Management:

• Identify areas for development or efficiency improvements and propose action plans.
• Actively contribute to projects and initiatives as required.

Continued Professional Development (CPD):

• Ensure relevant CPD is undertaken to maintain competence in the role and apply learning to the workplace.
• Manage career development and training in consultation with your line manager.
• Maintain up-to-date knowledge of the industry, competitors, and group products/services.
• Maintain industry-required qualifications and CPD to meet regulatory standards.

Job Requirements:

• Professional Qualification: APFS or ACII or equivalent.
• Experience: Proven experience as an FCA-approved Wealth Manager.
• Knowledge: Working knowledge of FCA and HMRC regulations.