Altara Wealth
Paraplanner/ CFP Track (Westborough)
Altara Wealth, Westborough, Massachusetts, United States, 01581
Position Summary
The Paraplanner serves as a key member of the planning and client service team, supporting Lead Advisors in developing comprehensive financial plans, managing client relationships, and advancing the firms mission of delivering an exceptional client experience. This role bridges technical expertise with relationship management, providing high-quality analysis and proactive service while continuing to develop toward full advisory responsibilities. Paraplanners at this level are expected to demonstrate growing autonomy in planning, strong understanding of the firms investment philosophy, and confidence in handling client-facing responsibilities with limited oversight.
Key ResponsibilitiesFinancial Planning Draft and update financial plans with limited oversight from Lead Advisor. Model and answer broad financial questions using advanced planning tools. Maintain and document detailed CRM records and planning notes. Apply firm-specific modeling techniques across various software platforms (eMoney, MoneyGuidePro, Nitrogen, Holistiplan). Distill modeling results and client conversations into clear, actionable notes. Prepare client review materials and follow up with limited direction. Draft planning recommendations with oversight from Lead Advisor.
Financial Markets & Investment Products Maintain a strong understanding of financial markets and the current economic environment. Apply a fundamental understanding of the firms investment philosophy, model portfolios, benchmarks, and NDR rules. Demonstrate foundational knowledge of BWS/SKFs alternative investment offerings. Analyze outside portfolios and assist in drafting investment recommendations under guidance of the Lead Advisor.
Client Relationship Management Support and deepen client relationships with limited oversight. Demonstrate technical understanding of each clients financial situation and planning objectives. Escalate client issues appropriately and propose solutions to routine challenges. Address client questions and concerns promptly, demonstrating empathy and professionalism. Conduct 401(k) rollover calls with limited supervision. Identify outside assets and assist in the onboarding or transitioning of assets to BWS/SKF.
Team Support & Mentorship Collaborate with the Client Service Team (CST) to fulfill client requests efficiently. Enter client service tickets and maintain CRM accuracy. Support new client onboarding, ensuring a smooth and organized experience. Mentor and train Wealth Associate I team members and interns. Contribute to updating and improving the Associate Advisor training plan and best practices.
Core Competencies1. Ability to Coach and Develop Receptive to feedback and open to change. Communicates clearly, concisely, and professionally. Fluent in industry terminology and best practices. Embraces firm culture and manages autonomy appropriately. Demonstrates effective workflow management and prioritization. .
Can fulfill a 90 day in office training program in Westborough and Needham .
2. Ability to Drive Organic Growth Builds rapport with clients through friendly, inquisitive, and proactive interactions. Supports firm-wide marketing and client engagement initiatives. Demonstrates growing understanding of the firms economic model and business objectives.
3. Support Continuous Improvement Committed to continuous learning and active participation in training. Takes initiative to identify issues and propose solutions. Receptive to change and able to adapt to new processes and firm objectives.
Qualifications Bachelors degree in Finance, Economics, Accounting, or related field required. Working toward CFP certification (Certified Financial Planner). Series 7, 63, and 65 (or equivalent) preferred or in progress. Minimum 24 years of experience in financial planning, client service, or wealth management. Demonstrated proficiency with financial planning software (eMoney, MoneyGuidePro, Right Capital), CRM systems, and Microsoft Office Suite. Strong organizational and communication skills, with the ability to manage multiple priorities independently.
Career Path Progression Successful Paraplanners are expected to develop the technical, planning, and leadership skills necessary to advance into the Financial Planner or Wealth Associate role, assuming greater autonomy in client relationships and planning lead.
Career advancement will be considered after successfully fulfilling the needs of the paraplanner role for twenty-four months.
Key ResponsibilitiesFinancial Planning Draft and update financial plans with limited oversight from Lead Advisor. Model and answer broad financial questions using advanced planning tools. Maintain and document detailed CRM records and planning notes. Apply firm-specific modeling techniques across various software platforms (eMoney, MoneyGuidePro, Nitrogen, Holistiplan). Distill modeling results and client conversations into clear, actionable notes. Prepare client review materials and follow up with limited direction. Draft planning recommendations with oversight from Lead Advisor.
Financial Markets & Investment Products Maintain a strong understanding of financial markets and the current economic environment. Apply a fundamental understanding of the firms investment philosophy, model portfolios, benchmarks, and NDR rules. Demonstrate foundational knowledge of BWS/SKFs alternative investment offerings. Analyze outside portfolios and assist in drafting investment recommendations under guidance of the Lead Advisor.
Client Relationship Management Support and deepen client relationships with limited oversight. Demonstrate technical understanding of each clients financial situation and planning objectives. Escalate client issues appropriately and propose solutions to routine challenges. Address client questions and concerns promptly, demonstrating empathy and professionalism. Conduct 401(k) rollover calls with limited supervision. Identify outside assets and assist in the onboarding or transitioning of assets to BWS/SKF.
Team Support & Mentorship Collaborate with the Client Service Team (CST) to fulfill client requests efficiently. Enter client service tickets and maintain CRM accuracy. Support new client onboarding, ensuring a smooth and organized experience. Mentor and train Wealth Associate I team members and interns. Contribute to updating and improving the Associate Advisor training plan and best practices.
Core Competencies1. Ability to Coach and Develop Receptive to feedback and open to change. Communicates clearly, concisely, and professionally. Fluent in industry terminology and best practices. Embraces firm culture and manages autonomy appropriately. Demonstrates effective workflow management and prioritization. .
Can fulfill a 90 day in office training program in Westborough and Needham .
2. Ability to Drive Organic Growth Builds rapport with clients through friendly, inquisitive, and proactive interactions. Supports firm-wide marketing and client engagement initiatives. Demonstrates growing understanding of the firms economic model and business objectives.
3. Support Continuous Improvement Committed to continuous learning and active participation in training. Takes initiative to identify issues and propose solutions. Receptive to change and able to adapt to new processes and firm objectives.
Qualifications Bachelors degree in Finance, Economics, Accounting, or related field required. Working toward CFP certification (Certified Financial Planner). Series 7, 63, and 65 (or equivalent) preferred or in progress. Minimum 24 years of experience in financial planning, client service, or wealth management. Demonstrated proficiency with financial planning software (eMoney, MoneyGuidePro, Right Capital), CRM systems, and Microsoft Office Suite. Strong organizational and communication skills, with the ability to manage multiple priorities independently.
Career Path Progression Successful Paraplanners are expected to develop the technical, planning, and leadership skills necessary to advance into the Financial Planner or Wealth Associate role, assuming greater autonomy in client relationships and planning lead.
Career advancement will be considered after successfully fulfilling the needs of the paraplanner role for twenty-four months.