1. Define and share First and foremost figure out what your team wants to do (or can do), what they don’t want to do and what you need to outsource. Make sure your internal team is on board and supports outsourcing paraplanning – it’s important your team does not feel threatened and understand that the outsourced […]
Contract paraplanning has come a long way in the last five years, yet it still has a long way to go. Financial planning firms and advisers are starting to understand and appreciate the real dollar savings of outsourcing and still producing a quality advice document they can present to their clients. As with many industries […]
In short a paraplanner is a person who works with a Financial Planner or Financial Adviser and completes a number of the non-client facing tasks involved in preparing and administering a Financial Plan or Report for a client. Perhaps a little bit of history would help to explain this further. Up to approximately 10 years […]
