Financial Planning Intern
||Practice Leader as assigned
Registered Investment Advisor
The financial planning intern will assist their assigned planning team with portfolio management and
financial planning database data entry and maintenance, asset allocation construction and general research requested by the team. Additional duties will be assigned as required to meet school curriculum requirements for their internship.
ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.
w Assist advisory teams in the submission of necessary forms to Raymond James in order to open and service client accounts.
w Assist with various elements of portfolio management. To include determining the correct asset classes for all client securities, and updates the Portfolio Software database to reflect these asset classes.
w When assigned, assist in the creation of asset allocation workbooks, update of values, and proposer coding of assets.
w Assist the financial planning teams, as required, in necessary preparation for client meetings. This may range from for retrieving documents to completing asset allocations.
w Review client portfolio statements to ensure transactions and totals have been correctly shown or calculated.
w Provide research on mutual funds, exchange traded funds, stocks and bonds to the financial planning teams.
w Complete spreadsheets that reflect the impact of exercising options.
w Track the flow of transactions in client portfolios.
w Provide administrative backup support, such as CRM data entry, organization of client documents, and scanning, as required by the planning team.
This position has no supervisory responsibilities. The incumbent has the responsibility to coordinate their work with their respective financial planning teams if assigned to support more than one team.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
EDUCATION and/or EXPERIENCE
Should be working towards a Degree from four‐year college or university; with a major in
Finance, Financial Planning, Economics or related degree program.
Completed basic personal financial planning course is preferred, but not required.
DESIGNATIONS, LICENSES, and REGISTRATIONS
The ability to effectively communicate verbally and in writing. Possess the ability to understand and follow technical instructions on how to use various types of financial planning software. Should also be able to explain the status of a project and clearly communicate problems.
OTHER SKILLS and ABILITIES
Strong interpersonal skills.
Self directed, motivated, establishes and maintains relationships well. Strong Windows PC skills, including Microsoft Office applications.
Ability to work with basic mathematical and financial concepts, including fractions, percentages, ratios and time value of money concepts.
The physical demands described here are representative of those that must be met by a Team Member to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Normal office environment; no unusual physical demands are identified for this position.
The work environment characteristics described here are representative of those a Team Member encounters while performing the essential functions of this job.
Typical professional office environment.