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[Join us] 21 November 2008
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CFP®, CERTIFIED FINANCIAL PLANNER(cm) and [CFP trademark]

are certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. Institute of Financial Planning is the marks licensing authority for the CFP marks in the United Kingdom, through agreement with FPSB.

The Paraplanner Skills Workshop

Exclusive to the IFP this two day workshop is based around the job competencies of a paraplanner. It has been designed to provide delegates with a comprehensive understanding of the key knowledge and skills required to successfully fulfil the role of a paraplanner within a Financial Planning business.

This unique workshop is highly inter-active with delegates being encouraged to take the opportunity to learn from each other during the various group based activities. A suitable period has been allowed between each workshop to ensure delegates can put into practice their new found skills.

Day One:
The day begins with a comprehensive overview and explanation of the six step Financial Planning process that is necessary to follow in every planning situation and the key functions that are performed by the paraplanner.

Step One Identifying financial objectives or problems
Step Two Collecting and assessing all relevant personal and financial data (including attitudinal data)
Step Three Processing and analysing information
Step Four Producing a written plan which describes how to make the most effective use of financial resources to meet the agreed objectives
Step Five Implementing the plan
Step Six Reviewing progress and modifying the plan, as necessary, to take account of changed circumstances.

The key skill focus on day one is the use of Financial Planning calculators. We consider this to be a fundamental requirement for Financial Planners generally and paraplanners in particular. The session on financial calculator fundamentals forms the foundation for the case study work completed during day one.

Day Two:
Day two reinforces the key learning points from the previous day and extends the range of planning awareness by considering the key issues of goals and objectives identification and risk analysis. Similar to day one, delegates work through a case study in order to practice skills and identify/develop the level of knowledge required at particular stages of the six step process.

Building on the skills associated with the Financial Planning calculator on day one, day two develops this by demonstrating how delegates can perform these tasks using Microsoft Excel. Delegates are shown how to construct simple Financial Planning spreadsheet templates in order to perform a series of "what if" scenarios.

Summary
On completion of this workshop delegates will be able to:

  • Understand the Financial Planning process model
  • Produce a client specific net worth statement and income and expenditure statement
  • Recognise the interplay between a client's stated objectives
  • Identify the assumptions that will be required to produce a client specific plan
  • Produce initial calculations using a financial calculator
  • Practise Financial Planning analysis using Excel.

Please note: this workshop does not cover specific product recommendations.

Entry Requirements

  • Minimum of FPC, Cert FP, CeFA; OR
  • One year's experience of working within a Financial Planning business.

Venues
Confirmation of the venue will be sent to delegates a minimum of one week prior to the workshop.

**NEW ** 2009 Workshop Dates

  Bristol London Birmingham Bristol
Day One Mon 2 February Mon 9 March Tues 21 April Wed 27 May
Day Two Mon 23 March Mon 27 April Tues 2 June Thu 2 July
  Bristol London Birmingham Bristol
Day One Mon 29 June Mon 21 September Mon 12 October Tues 3 November
Day Two Mon 20 July Wed 28 October Tues  24 November Wed 2 December

Although we would encourage delegates to attend both days at the same location, it is possible to take day one and day two at separate locations.

Workshop Fees (per delegate)

  IFP Member Rate Non-Member Rate
Day One £250.00 £300.00
Day Two £250.00 £300.00
Day One & Two £400.00 £500.00

Included within the price of this workshop is the cost of a financial calculator. VAT is not applicable and travel or accommodation must be booked independently.

Group Size

Each workshop will take place with a minimum of four and a maximum of ten participants.
The Institute reserves the right to cancel any workshop which does not achieve the minimum number of participants no later than five working days prior to the date of the workshop. In this instance a full refund minus a charge to cover the costs of any materials or a transfer to another workshop will be offered.  The IFP will not be liable for any additional expenses incurred by the attendee.

Booking Terms & Conditions

Please refer to the full booking terms and conditions as detailed within the professional development section of this website.  In the event that a workshop booking is made, this will be deemed to constitute acceptance by the attendee of the booking terms and conditions.

To download a registration form please: CLICK HERE

IFP sponsors
Transact
Investec Private Bank
Dimensional
JP Morgan Asset Management
Russell Investments
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Institute of Financial Planning Limited
Registered in England: Whitefriars Centre, Lewins Mead, Bristol BS1 2NT
Registered number: 2109630, VAT Number: 489201333