PHILIP MODI

Experience

 Investment Specialist:   CIBC, Lloydminster, SK                                             March 2019 – Present

• Investment Specialist Partners with AFAs and FSRs to add value to meetings where clients require planning and advice to meet their long-term goals. 
• Primary focus is on consolidating external assets (new money to CIBC) for core clients and prospects.
• Provide advice via conversation investment tools and portfolio illustrations (including Morningstar, Asset management) to support FSRs with their advice conversations.
• Provide advice regarding pension transfer-in 
• Advice Client with more complex investment needs (e.g., education, retirement)
• Work with and build relationships with Centers of influence (COIs-accountants, lawyers, realtors, immigration offices) in the community. 

Experience

 Investment Specialist:   CIBC, Lloydminster, SK                                             March 2019 – Present

• Investment Specialist Partners with AFAs and FSRs to add value to meetings where clients require planning and advice to meet their long-term goals. 
• Primary focus is on consolidating external assets (new money to CIBC) for core clients and prospects.
• Provide advice via conversation investment tools and portfolio illustrations (including Morningstar, Asset management) to support FSRs with their advice conversations.
• Provide advice regarding pension transfer-in 
• Advice Client with more complex investment needs (e.g., education, retirement)
• Work with and build relationships with Centers of influence (COIs-accountants, lawyers, realtors, immigration offices) in the community. 

Associate:             RBC Dominion Securities, Lloydminster, AB                          April 2018 – March 2019

• Responsible for ensuring all Investments & loan activities are in compliance with relevant legislation, regulations, policies and procedures. 
• Part of Investment Advisors and Portfolio Managers that help affluent and high-net-worth individuals, families, businesses, charities and other organizations achieve their financial goals with a wide range of wealth management and investing solutions. 
• Prepare and open new account packages for individual, corporate and trust accounts
• Prepare and complete client documents such as Letters of Authorizations, tax forms, etc.
• Investigate and resolve inquiries related to accounts and refer to the Investment Advisor where appropriate
• Maintain current knowledge of client accounts by reviewing daily activity online and on applicable reports & Follow-up on client queries.

Senior Account Manager:          RBC, Lloydminster                                    July 2010 – April 2018

• Responsible for interviewing clients and potential clients and analyzing complex and/or large loan applications, granting and/or recommending loans and cross-selling the full range of Credit products and services.  
• Responsible for ensuring all Investments & loan activities are in compliance with relevant legislation, regulations, policies and procedures. 
• Responsible for creating exceptional client experience by providing  helpful and relevant everyday banking, and more complex investment (such as retirement transition), credit and risk (insurance & estate) advice for clients who typically have increasingly complex needs. Focuses primarily on high-value clients & Small Business clients with credit needs. 
• Developed long-term relationships with clients by preparing investment strategies to help them achieve their financial goals, offering advice and information on various investments to guide them in managing their portfolios
• Contributed to organization's client loyalty and sales results by taking ownership of client problems at first point of contact, delivering personalized advice & solutions, anchoring and deepening client relationships.
• Complete credit and loan documentation and approve loans and Mortgages
• Promote the sale of investment products such as mutual funds, Stocks, bonds, GICs, and term deposits.

• Financial Planning II(FPII): June 2024
• Canadian Securities Course (CSC) & Conduct & Practices Handbook Course (CPH):  October 2018
• 4th class Power Engineering at Lakeland College: November 2015
• Personal Financial Services Advisor (PFSA):  May 2014
• Financial Planning I (FP I):   May 2014
• Investment Funds in Canada (IFC):  June 2008

-The King’s University Edmonton, AB                                                     September 2002-April 2007

• Bachelor of Commerce Degree