Financial Adviser (Professional Sport)

• Financial Product Research program: Develop and maintain an independent financial products research program.
• Financial Planning: Developing comprehensive financial plans, including investments, retirement planning, tax optimization, and estate planning, tailored to the unique career trajectory of professional athletes (short earning period, typically 10-15 years).
• Product Advice: Recommending suitable financial products (e.g., investments, insurance, or savings plans) based on clients' risk profiles and goals.
• Wealth Management: Managing and growing clients' wealth, including handling sponsorship income, bonuses, and international earnings.
• Risk Management: Advising on insurance products (e.g., disability or injury cover) to mitigate risks.
• Compliance: Ensuring all advice and services comply with FSCA, FAIS, and FICA regulations, including anti-money laundering (AML) and know-your-customer (KYC) protocols.
• Client Relationship Management: Building and maintaining long-term relationships with clients, often requiring travel to meet professional players and athletes at training facilities, homes, or other locations.
• Education: Educating clients on financial literacy, products, investments, etc.
• Travel Requirement: The ability to travel extensively within South Africa is critical. This will involve remote work with in-person client meetings, requiring flexibility and a reliable vehicle.
• Key Performance Indicators (KPIs) will be discussed with shortlisted candidates.

• Relevant tertiary qualification as recognized by the FSCA
• Preferably RE5 Certificate and potentially RE1 for Key Individual (KI) roles if managing an FSP.
• Consideration will also be given to an individual in the process of qualifying.
• Experience - Candidate dependent but preferably 3 - 5 years' experience in providing individual financial planning services.
• Regulatory framework compliance - Candidate to comply with the FSCA under the FAIS Act and FICA compliance requirements for individuals rendering financial advice.
• Exposure to professional sport either as an athlete / player or as providing services to them will be an added benefit, but not essential.

• Take note that this is a salaried position and will not be commission based or driven.
• The basic salary package, based on skills and experience, will be between R45,000 to R63,000 / month (R550k to R750k per annum)
• Annual bonus and incentives are in place for this role and will depend on personal KPI and company performance.

• Ensure you meet all the requirements
• Complete all the requested information below
• Remember to attach your CV
• Once your application has been made, you will receive a generic e-mail to confirm the receipt of your application
• Only short-listed candidates will be contacted
• Should you not be contacted by a consultant within 2 weeks, please consider your application as unsuccessful.

Latitude Resource