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Interview With a Professional in Finance: Prithpal Saimbi, Senior Private Client Paraplanner, Charles Stanley

News Categories: aspirefuture

What was your first job?

Clerical/Sales Assistant – selling gas fires and cookers.

Did you ever imagine to be undertaking your current role, if not, what did you want to be doing?

I studied Law at University and the majority of my work experience throughout was in the legal field, the plan was to be like Harvey Spectre from Suits. However, I was fortunate enough to land a graduate role in Financial Planning (which when I applied I knew very little about) and I have never looked back!

Which parts of your role are the most and enjoyable and which parts are the most challenging?

I use the skills picked up during my ‘legal’ years and adapt them to my current role. The profession I am in requires a good knowledge of Economic, Legislation and World affairs. There is of course a lot of information to consider when constructing Financial Plans for clients and although challenging, it does wonders for expanding one’s general knowledge (helps in Pub Quizzes too!). Of course, there is always the pressure of delivering on deadlines and handling client queries. I have been lucky enough to work with some very experienced individuals who I have learnt a lot from. The most enjoyable aspect for me is seeing a Financial Plan come to life and clients see the value it has brought them.

How do you balance your working and personal life?

Being in a role where planning is fundamental, I adapt this to both work and personal life. My outlook calendar and diary app on my phone pretty much dictate what I am doing and when.
I of course make sufficient time for my loved ones (my wife has reminded me of the importance of this many times!), time at the gym and of course some downtime in front of the TV (preferably watching something F1 related). It can be difficult to balance at times, but having supportive friends/family helps to keep me grounded and to not lose sight of what’s important.

What advice would you give to a young professional wanting to progress in your industry?

Having worked in the professional services arena for close to 10 years now, I would suggest that some time is spent in understanding what the current challenges are for the profession and how you can help a prospective employer to meet some of these challenges. Also, attitude is really important, ultimately we are there to help our clients and so always keep this at the forefront of your mind. Last, but not least, cannot stress enough the importance of networking. Not only with peers but with those in other professions as this not only leads to forming friendships but also expands your own knowledge of wider professional areas/sectors.

What do you hope to be doing in ten years’ time?

Very good question! As I am still in my early 30’s (just!), I would hope to still be in the profession I am in now. I would like to still be serving and helping clients in reaching their financial goals and objectives. Spending some time living/working overseas would be good.

What’s the best tip or piece of advice you’ve ever been given?

The following quote by Mahatma Gandhi gave me by biggest ‘lightbulb’ moment in both my work and personal life: ‘The best way to find yourself is to lose yourself in the service of others’. This goes back to the last question in that we are in a role of helping others, whether that be clients, colleagues and family. You will learn so much from those you help and in turn will improve you as a person.

What do you enjoy the most in/ about Birmingham?

It’s competes with London on all levels (professional, social and family life) but without the price tag!