More Exam Success For Adviser Emily and Paraplanner Lily

Financial Advisers Sutton Coldfield
L: Emily Walker, Mortgage & Protection Adviser R: Lily Jackson, Paraplanner

More congratulations are in order for Mortgage & Protection Adviser, Emily Walker and Paraplanner, Lily Jackson who have passed another examination first time.

This latest examination is the Investment Principles & Risk qualification, leaving just one more examination to pass on their journey to achieve the Diploma in Professional Financial Advice. Once they have passed this final examination, they will have achieved the level required to become fully qualified financial advisers.

The Investment Principles & Risk syllabus covers all the main kinds of investments and associated risks as well as the tax treatment applying to each type of investment. The syllabus also covers the Advice Process, which included the obligations of a Financial Adviser and appropriate fact finding in order to make the appropriate investment recommendations. There are a number of different types of risk and Lily and Emily had to know all of them and demonstrate their knowledge in each area. They were also required to study investment performance, knowing how to evaluate a portfolio’s performance, as well as comparing an investment portfolio against a suitable benchmark. They also had to study in depth the various factors that a fund manager has to take into account when selecting a particular stock.

Both Lily and Emily study independently, but both have stressed the benefit of studying and taking the exams at the same time.

Emily Walker said “The exam was quite mathematical, we had to show that we understood the use of equations and then use them during the exam to demonstrate our knowledge of things like calculating net asset value of a stock, dividend yield and so on. Doing the exam at the same time as Lily has been very helpful, because we have supported and motivated each other.”

Lily said “Motivating each other has been a massive help. On this syllabus there was a lot to learn. Although a sound knowledge of investment principles is required in my day-to-day role as a Paraplanner, passing this exam takes the knowledge required to another level.”

Lily is part of our in-house Paraplanning team who work along-side our financial advisers who give financial advice in Sutton Coldfield and the wider area.

Congratulations to both of you, and best wishes for success in your final exam which is the Case Study.