Role Description
Job Summary:
We are seeking a highly organized and analytical Paraplanner to support our financial planning team in delivering high-quality investment and insurance advice. The ideal candidate will play a vital role in developing customized financial plans, conducting detailed product research, and ensuring regulatory compliance.
This position requires FINRA Series 65 licensure (or the ability to obtain the S65 within 5 months of start date) and a valid Maryland Life, Accident, & Health Producer License, as the role involves providing planning support that may include investment advisory and insurance product recommendations. This position will open the opportunity for you to develop into a senior advisor.
Responsibilities
· Collaborate with financial advisors to prepare personalized financial plans for clients, including investment strategies, insurance analysis, and retirement planning
· Conduct research on investment products, insurance solutions, estate planning tools, and other financial strategies
· Create client reports and financial projections using planning software and modeling tools
· Prepare documentation and reports for client meetings, ensuring accuracy and clarity
· Maintain compliance with SEC and state insurance regulations
· Liaise with product providers, custodians, and insurance carriers to gather relevant data
· Update client information and financial records in CRM and planning systems
· Track follow-ups and ensure timely plan implementation and documentation
Qualifications
· Bachelor’s degree in finance, economics, accounting, or a related field preferred
· Minimum of 2 years of experience in a paraplanning or financial planning support role
· Strong understanding of investment and insurance products, financial planning principles, and compliance requirements
· Proficient in financial planning software (e.g., eMoney, Riskalayze, Morningstar, or similar) and CRM systems
· Exceptional attention to detail, organizational, and communication skills
· Ability to obtain your CFP® designation within the first 3 years of your employment
Preferred Qualifications:
· CFP® designation
· Experience working in a fee-based or fiduciary financial planning environment
· Familiarity with Maryland-specific insurance and financial regulations
License/Certification
· FINRA Series 65 license
· Maryland Life & Health Insurance Producer License (REQUIRED)
Compensation & Benefits
· Competitive salary and benefits package
· Professional development support and continuing education opportunities
· Collaborative and client-focused work environment
· Performance bonus opportunities
If you’re a committed financial professional who puts clients first and embraces fiduciary responsibility, we encourage you to apply for this exciting role. Join us in guiding clients towards their financial objectives, while adhering to the highest standards of integrity and professionalism.
About Us:
At Elite Income Advisors we provide full operational support, including paperwork processing, compliance management, and office infrastructure, so you can concentrate on what you do best: helping clients achieve their financial goals. At EIA, cold calling does not exist (high net-worth warm leads provided). This is an ideal opportunity for advisors who want to grow their business in a streamlined, supportive environment without the distractions of running an office.
