Avg. Base Salary (ZAR)
The average salary for a Paraplanner is R177,226
What is the Pay by Experience Level for Paraplanners?
An entry-level Paraplanner with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of R159,000 based on 14 salaries. An early career Paraplanner with 1-4 years of experience earns an average total compensation of R176,509 based on 85 salaries. A mid-career …Read more
What Do Paraplanners Do?
A paraplanner is the junior member of a financial planning team, usually working under the direction of a senior financial planner. The paraplanner performs several of the necessary tasks in developing a financial plan for a customer. First, they gather financial reports and records from the client. Next, the paraplanner reviews the client's financial records and starts creating and modeling different possible financial scenarios. In the process of creating these scenarios, the paraplanner …Read more
- Support financial advisors in serving clients by preparing for meetings, investment research, making preliminary financial planning recommendations, and coordinate marketing events.
- Research financial databases and products that match clients' needs.
- Construct visual aides including charts, graphs, and tables to be used in meetings with clients.