A financial planner assistant assists a financial planner with various duties such as administrative responsibilities and customers service. The assistant will be expected to get documents ready and organized before meetings with clients. Record keeping is another important aspect of the job. The financial planner may be required to distribute updates and other communication to clients via a combination of postal mail, email, and telephone. Internal memos may also be sent by the financial planner assistant. The assistant may be in charge of scheduling meetings and reminding the financial planner of upcoming events. The financial assistant may also be in charge of carrying out basic office duties such as answering the phone, greeting guests, and maintaining office supply levels. When customers have questions about any processes or bills, the assistant answers these questions or refers the customer to the correct party. The financial planner will also process documents relating to investing and insurance. Depending on experience, certification, and position, the financial planner assistant may also have more complex duties such as preparing documents for underwriting, analyzing financial data, helping with estate planning, planning cash flow, and allocating assets. Often this job is a stepping stone toward becoming a financial planner.
Some positions require a high school diploma, while others require a bachelor’s degree in business, economics, finance, or a related field. General computer skills including Microsoft Office are necessary, and knowledge of financial planning software is required in some positions.
Financial Planning Assistant Tasks
Execute and follow-up on investment transactions.
Establish and maintain client accounts, and process service requests.
Assist in developing financial plans and analysis for clients.
Assist in tax return preparation and client correspondence.