Build October 2016 NEW

Build Magazine 38 Investment Structured sessions include introducing the role of market makers through to why there is a grasshopper perched over Lombard Street, and Bloomberg’s introduction to the role of data through to why the 1698 equivalent of Starbucks was vital to the development of the stock market. even Investment Management (7IM) today announced plans to expand its structured support and training programme for paraplanners in the last quarter of 2016 and into 2017 through the Paraplanner Pop Up Series. The firm, which organises a number of events itself and is a key partner of The Paraplanners team Powwow events, among other initiatives, made the announcement as it hosted its first of three planned sessions for Q4 2016. The first session is being hosted at 7IM’s and the London Metal Exchange offices today and sees 20 paraplanners join from 15 firms across the country. The second is being held on 27 October in Manchester and will see 60 participants attend – double the number originally projected due to demand from the sector. This second session is the first that 7IM will host outside London and is being run in conjunction with AXA and Liberty SIPP. The final event is on 15 November in London and participation will be limited to 30 paraplanners. Justin Urquhart Stewart, Head of Corporate Development and co-founder of 7IM, stated: “Paraplanners provide a vital role in advisory firms, but because of their limited interaction with end clients, many even within the industry Paraplanning Support Set to Step Up at Seven Investment Management S are not aware of the important role they play. Our programme is not just aimed at improving the technical skills and wider industry knowledge of the paraplanners we support. It also helps them improve their understanding of the needs of actual investors.” Each 7IM paraplanning training session is not just full of the usual industry ‘guff’. They typically involve a full day programme including an update on the investment markets, research from 7IM on important factors affecting retirement planning and an introduction into the risks that impact a financial planners’ clients beyond investment risk. 7IM also looks to introduce things that paraplanners would not usually get to see – like market makers or how Bloomberg works – and includes a short tour of the City with Justin. History is introduced with Justin’s personal coin collection to bring the accounts to life. The event is also set up to allow the paraplanners the opportunity to meet and exchange views with their peers given the minimal number of events aimed at the segment. Richard Allum, founder and managing director of The Paraplanners team with whom 7IM partners for the Powwow events, added: