Top marks for Elliot!

Earlier in the year we let you know that Elliot Unsworth, our Client Relationship Manager, had passed his Diploma in Financial Planning and would be continuing with further studies.

Well, not only did he sit another exam in August with the Institute of Financial Planning but he has just heard that he passed with a remarkable 92%! The actual marks are not usually released but in this case Elliot’s result was so noteworthy the examining board made an exception. This means Elliot is now an Accredited Paraplanner.

There is no stopping Elliot, however, and he is now also working towards obtaining his Certified Financial Planner qualification. In fact, he has just taken the first module on Personal Tax and Trust Planning. which will eventually lead to an Advanced Diploma in Financial Planning.

He has to take another three exams over the next eighteen months, which will be on the Financial Planning Process, Pension Planning and Investment Planning. At the end of a five year period he can apply for Chartered Financial Planner status as part of the Chartered Insurance Institute.

With Sylvia being one of the first in the country to receive Chartered status, Elliot has a great role model to emulate. His success fits in well with the whole ethos at 1st Chartered as we pride ourselves on delivering an exceptionally high standard of service.

So what letters does this mean he can use after his name? Well, he can use DipPFS (Diploma in Financial Planning) and APP (Accredited Paraplanner). We always say these are not important in and of themselves but they do represent a level of professional standing and competence, which we feel helps differentiate us in a crowded marketplace.

An Accredited Paraplanner is defined by the Institute of Financial Planning as an individual who demonstrates the required level of technical knowledge, skills and all round competence.

It is hard to believe Elliot has achieved all this and is only 25 years old. As a maths graduate, he had already demonstrated his strong academic ability but we now see him applying his technical excellence and depth of knowledge on a daily basis with clients.

Elliot did say that what he particularly liked about the Institute of Financial Planning exam was that it was based on a fictional but practical case study which related directly to the type of work he does with clients, for instance, retirement planning with questions regarding capital gains tax and inheritance tax.

We would like to congratulate Elliot on his recent superb exam results. They are fitting recognition of all his hard work and dedication and we wish him the very best with the rest of his exams and ongoing professional development.