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A hidden Finance career option – Paraplanning

Caspar Bartington (@diskrisk) has been in touch to alert us to a hidden career option in Finance, namely Paraplanning. Which should grab your attention as “hidden” usually means “we can’t find enough good people to do these jobs and/or enough applicants”. A shorter queue. Here’s what Caspar had to say about Paraplanning.

Paraplanning is a little-known part of the financial advice/financial planning/wealth management sector, which in itself is not tremendously well understood. Whereas financial planners are client-facing in their work, paraplanners are based in the back office and have a focus on financial market research and report writing. Paraplanning is a stepping-stone to becoming a client-facing financial planner; it gives a member of staff time to take professional qualifications needed to do the financial planning role and gain valuable experience of the financial advice process. Paraplanning is also a career in its own right, for those who prefer the technical, analytical aspect of a role over client interaction.

Caspar also provided us with case study of a graduate in a Paraplanning career, a trainee paraplanner who works at Para-Sols, a leading paraplanning business. Who incidentally are looking for graduates now.

p.s. you might just want to follow Caspar on Twitter. He always has some hidden gems.

 

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Training contracts for solicitors on the increase

justice-scale_1263430Good to see that recent stats indicate that there has been a 9% rise in the number of trainee solicitors from 2014-15, with 5457 training contracts registered (according to The Law Society). Large firms (meaning those with 26 partners or more) offered half the TCs, which suggests a recovery in trainee numbers among smaller firms. So good news for aspiring solicitors!

But if you are one of the many LLB students who decide not to aim at becoming a solicitor or barrister or just if you haven’t got lucky with your applications, there are plenty of other career opportunities open to you, as well as those related to law like Company Secretary, Legal Executive or a Compliance Officer in an investment bank. Law is regarded by employers as a very marketable degree.

Your friendly City Careers Consultants are always happy to discuss opportunities! And we are here all summer too, so no excuses!

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Want to find out about Investment Consulting as a career?

Ant portraitUnique 1 day event for  penultimate year students on 15 June 2016 at global firm Willis Towers Watson.

For students studying any discipline .

 Are you a penultimate year student  who would like to know more about Investment Consulting? Then a great event is coming up for you on 15 June 2016 at global firm Willis Towers Watson to spend a day discovering what the career is about. WTW really want to attract students from a wide range of disciplines (not just Business and Economics!), women as well as men and different ethnicities / backgrounds. 15 – 20 places are available and you can put your name forward for consideration here. CityCareers will then select a wide range of students who have registered their interest who can  then attend the event.

 Register now to avoid disappointment!