Becoming a new Financial Planner
Evening Everyone,
I am looking to transition into Financial Planning industry as a Trainee Financial Planner. I’m currently giving regulated financial advice as an independent mortgage advisor. I would love to connect with anyone who has entry-level insights.
My background -
As I mentioned I’ve been giving regulated financial advice, completing fact finds and sourcing appropriate products for customers in my current role as a mortgage advisor. I’m currently independent/whole of market but also have experience working in mortgage brokerages as well as large high street banks in the role.
I have self funded my level 4 diploma with CII and passed 01-05 - currently waiting in my 06 result but sat it in June.
I love the relationship management, customer facing side of the role and would very much like to build on that moving into a Financial Advisor/Finacial planner role rather than say admin or paraplanning. No disrespect to those roles I just feel my skill set lies on client facing advice side.
My main questions for you all is:
How difficult is it to land an employed trainee role? While I feel I have great customer facing skills. Knowledge of fact finding & giving regulated advice. I know I will need to take time to build up on a lot of product knowledge and how to apply that all in the real world. Thus would love to get in with a firm that would support that.
For those who broke into the industry recently, what is the best way to stand out to local Independent Financial Advisers (IFAs)?
I should add that I’m based in the South Devon area!
Thanks for reading.