Financial Planning Associate

General Description

PWL Capital is a premier independent Canadian Wealth Management firm with offices in Montreal, Ottawa & Toronto. Canadian High Net Worth families entrust PWL to manage their investment portfolios on a discretionary basis and provide holistic financial advice for all facets of their lives. Financial Planning, Tax, and Estate services are delivered via PWL Conseil, and investment management is delivered via PWL Capital which is a Broker Dealer and CIRO member firm. Both PWL Conseil and PWL Capital are wholly owned subsidiaries of PWL Wealth Management Inc., with more than 95 employees and over 6 billion in assets under management.

Position Summary

The applicant will support the Parkyn – Doyon La Rochelle team on various files related to compliance and integrated tax and financial planning for the team’s clients. The candidate will be responsible for maintaining relationships with existing clients and supporting senior advisors in the development of new client relationships. The duties of this position focus on the delivery of wealth management services to clients. This will involve working with customers to assess their financial needs and help them develop comprehensive wealth management strategies or financial plans to achieve their financial goals. This role is ideal for those who are prepared to get to know clients well and provide them with an impeccable and confidential level of personalized service, competently and diligently without any sales pressure.

Client Service

• Extensive communication with clients
• Client meeting planning, facilitation, and participation
• Responsible for client meeting debriefs and list of tasks delegation to the team members involved
• Seek to establish a level of trust and confidence with clients

Financial Planning

• Collaborate in assessing clients’ financial needs for retirement, tax, and estate planning, formulating financial plans and solutions to fulfill client objectives, implementing financial plans, and monitoring and reviewing them regularly
• Responsible for the preparation of retirement projections, retirement income optimizations, personal balance sheets, pension plan analysis, and stocks and stock options reports
• Responsible for the preparation of estate balance sheets, estate tax projections, and estate tax liquidity projections
• Responsible for coordinating with external specialists, the preparation of personal Wills, mandates of protection, general or specific power or attorneys
• Responsible for preparing the spousal loan memo and loan agreement, the loan implementation, and the interest payable
• Collaborate in the development of recommendations with regard to tax, estate, retirement, investment & risk management planning

Support to the Portfolio Manager

• Collaborate in the implementation of tax-minimizing strategies (i.e. income splitting, asset location, retirement withdrawals, investment products, tax-loss harvesting)
• Educate clients and respond to queries on investment accounts (i.e. registered vs. non-registered account, RRSP vs. TFSA)
• Support the portfolio manager in the establishment of investment policy and portfolio management

Qualifications and Skills

• Holds an IQPF diploma or in the process of obtaining it
• Completion of the Canadian Securities and the Conduct and Practices Handbook courses an asset
• Between 2 and 5 years of relevant experience
• Bachelor’s degree in business administration, finance or accounting or related field
• Ability to communicate effectively in French and English, both orally and in writing
• Experience with financial planning and tax software preferred
• Strong teamwork skills and sense of organizational responsibility
• Analytical and synthesizing skills, writing skills, and attention to detail
• Interpersonal skills
• Ability to work under pressure

Why Team Parkyn – Doyon La Rochelle?

We are a growing team with a diverse group of clients – there is never a dull moment. We are thought leaders in the financial services industry, and we have been putting our clients’ interests first for over twenty years.

Personal and professional growth are strongly encouraged and part of the team’s basic principles.