Independent Financial Advisor – Private Sector

Company: Spinwell Global
Apply for the Independent Financial Advisor – Private Sector
Location: London
Job Description:

Role: Independent Financial Advisor – Self-employed consultantClient: Investment Management FirmType: Self-EmployedLocation: Mayfair – Remote or Hybrid (London)Salary: Negotiable – Self-Employed

Spinwell is recruiting for an Independent Financial Advisor for an excellent opportunity within the private sector.

Description

The role is for a qualified IFA looking for a new home to manage and grow their business. The role is typically self-employed with full flexibility in terms of being able to work from home and hours required. The successful candidate will join a small close-knit team of existing advisers.

Key Responsibilities:

  • Adhere to FCA Individual Conduct Rules:
    • Act with integrity.
    • Exercise due care, skill, and diligence.
    • Maintain openness and cooperation with regulators.
    • Prioritize customer interests and treat them fairly.
    • Follow proper standards of market conduct.

Role-Specific Responsibilities:

  • Have detailed knowledge of FCA rules concerning pensions, investments, estate planning, and protection advice.
  • Comply with the Financial Services and Markets Act 2000, FCA Principles, and Individual Conduct Rules.
  • Conduct ‘Know Your Customer’ (KYC) inquiries and gather sufficient information to provide suitable advice.
  • Accurately analyze client data and research appropriate investment options on an independent, whole-market basis.
  • Present suitable advice clearly, including charges, disadvantages, and reasons for recommendations.
  • Complete all documentation thoroughly and in line with FCA guidance.
  • Provide ongoing advice on personal pensions, ISAs, GIAs, and bond investments.
  • Monitor client portfolios according to investment objectives and risk profiles.
  • Build and maintain strong relationships with clients and intermediaries.

Client Management:

  • Develop new client relationships through direct contact, referrals, or intermediaries.
  • Maintain regular communication and reporting with clients and intermediaries.
  • Make formal presentations to investors on products and services as required.
  • Monitor portfolio performance and ensure alignment with client objectives and industry benchmarks.
  • Implement anti-money laundering procedures when opening new accounts.
  • Ensure all client information is accurately recorded and maintained.

Compliance, Risk, Governance, and Legal:

  • Act in accordance with FCA’s Statements of Principles and Code of Practice for Approved Persons.
  • Manage risk within the area of responsibility to prevent errors and breaches.
  • Adhere to client mandates, compliance procedures, and FCA and HMRC rules.
  • Meet responsibilities outlined in the Disaster Recovery Plan.

Project Management:

  • Identify areas for development or efficiency improvements and propose action plans.
  • Actively contribute to projects and initiatives as required.

Continued Professional Development (CPD):

  • Ensure relevant CPD is undertaken to maintain competence in the role and apply learning to the workplace.
  • Manage career development and training in consultation with your line manager.
  • Maintain up-to-date knowledge of the industry, competitors, and group products/services.
  • Maintain industry-required qualifications and CPD to meet regulatory standards.

Job Requirements:

  • Professional Qualification: APFS or ACII or equivalent.
  • Experience: Proven experience as an FCA-approved Wealth Manager.
  • Knowledge: Working knowledge of FCA and HMRC regulations.

We welcome all applications regardless of background, in line with our commitment to diversity, equality, and inclusion.

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Posted: April 20th, 2025