Overview
PART-TIME VIRTUAL FINANCIAL PLANNING ASSOCIATE (PARAPLANNER)
Position Summary:
We are seeking a highly organized and detail-oriented Part-Time Virtual Financial Planning Associate (Paraplanner) to support a financial advisor with the development, maintenance, and analysis of comprehensive financial and retirement plans using eMoney Pro.
Moderate to advanced proficiency with eMoney Pro is required. The ideal candidate will be able to independently build financial plans, conduct retirement analyses, run Monte Carlo simulations, model planning scenarios, and generate client-ready reports with minimal supervision.
Position Details:
Location: Remote
Schedule: 10-15 hours per week (flexible)
Compensation: $30-$35 per hour, based on experience and demonstrated proficiency
Reports To: Lead Financial Advisor
Primary Responsibilities
Financial Planning
- Build and maintain comprehensive financial plans using eMoney Pro.
- Enter, validate, and update client financial information.
- Ensure planning assumptions and data are accurate and current.
Retirement Planning & Analysis
- Develop retirement income projections and retirement readiness analyses.
- Evaluate distribution strategies and long-term sustainability of retirement assets.
- Analyze the impact of various retirement planning scenarios.
Monte Carlo Analysis
- Run and interpret Monte Carlo simulations.
- Evaluate probability of retirement plan success.
- Identify risks, opportunities, and planning recommendations for advisor review.
Cash Flow & Scenario Planning
- Develop detailed cash flow projections.
- Model alternative retirement dates, Social Security claiming strategies, major purchases, and other “what-if” scenarios.
- Prepare comparisons of planning alternatives and outcomes.
Client Support & Meeting Preparation
- Organize and update client financial data.
- Prepare planning reports, presentation materials, and meeting summaries.
- Assist with follow-up items and plan updates after client meetings.
Required eMoney Reports & Deliverables
The successful candidate must be capable of generating and interpreting:
- Retirement Planning Reports
- Monte Carlo Analysis Reports
- Cash Flow Reports
- Net Worth Statements
- Fact Summary Reports
- Income Tax Analysis Reports
- Estate Planning Summaries
- Goal Analysis & Scenario Comparison Reports
Required Qualifications
- Moderate to advanced proficiency with eMoney Pro.
- Experience building comprehensive financial and retirement plans.
- Ability to independently perform and interpret Monte Carlo analyses.
- Strong understanding of retirement planning fundamentals.
- Excellent analytical and problem-solving skills.
- Exceptional attention to detail and accuracy.
- Strong written and verbal communication skills.
- Ability to work independently in a virtual environment.
Preferred Qualifications
- 2+ years supporting a Financial Advisor, RIA, or wealth management practice.
- Bachelor’s degree in Finance, Financial Planning, Accounting, Economics, or related field.
- CFP®, ChFC®, EA, or progress toward a professional designation.
- Proficiency with Microsoft Excel and CRM software.
Preference will be given to candidates who can independently produce high-quality financial plans with minimal supervision and who have prior experience supporting financial advisors using eMoney Pro.
Ideal Candidate
The ideal candidate is an experienced virtual paraplanner who can efficiently transform client financial information into comprehensive, advisor-ready financial plans. They possess strong technical proficiency in eMoney Pro, understand retirement planning principles, and consistently deliver accurate, professional work product that enhances advisor efficiency and client service.
External application links are prohibited
