From time to time we all need a little extra support. The Financial Administration package offered via the Paraplanning Hub is exclusively for our existing clients. This cost effective end to end service helps tie up all the loose ends. We use the Hub to become an extension of your company, making sure your clients are looked after and your business runs smoothly. Let us know what needs to be done and we’ll deliver.

The modern financial planning practice has time pressures from every direction. You are good at listening to clients and giving financial planning advice. Because of this you probably do not have the skills, desire or time for sending and chasing letters of authority, arranging appointments or managing back-office systems. Our experienced financial administration team work hand in hand with their paraplanning colleagues and you to deliver a true end to end financial planning support offering.

We built our financial administration service after listening to your needs. With the aim of helping your practice run smoothly. We have specialist on our team that can complement your bespoke financial planning offering perfectly.  Why waste precious time and energy recruiting and managing staff, with all the headache and cost that brings?  However, doing these tasks personally distracts you from delivering your core offering too. Instead why not simply buy in the financial administration help when you need it? That’s what we’re here for. Dip in and out of the service when needed – providing a boost at those vital times, saving costs at others.

 

Data Gathering

We send off Letters of Authority on your behalf and gather all the policy data required. Because we are your paraplanner we also check it back in to ensure everything we need to prepare any recommendations has been supplied too.

Annual Reviews

From updating client information, preparing all pre review reports and completing the continued suitability letters on your behalf. Our end to end service ensures our admin staff and paraplanners talk to each other and you to enhance the service provided to your clients.

Data Management

We ensure your client details, product information, registers and back office systems are kept up to date. So when you need access to your key management and FCA reporting information it is all at hand.

 

Let’s Have A Chat

What

What’s Involved?

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The benefit of using our admin service for advisers is that we then provide an end to end service, that covers all of your business admin – and more. This includes elements such as these listed below and more:

  1. Gathering and analysing product and investment information through to writing the recommendation letters.
  2. Maintaining all central research, financial forecasting software and management information.
  3. Arranging annual client review meetings on your behalf through to completion of the annual continued suitability letters.
  4. Managing all client data, client files and ensure all back-office systems are kept up to date
  5. We can even send birthday and Christmas cards on your behalf

We use your brand, your emails and your details. We become an extension of your advisory business and provide access to all levels of needed financial planning staff, from office junior through to a head of technical, without the need to employ and maintain a team yourself. We also use our team keep your technical, GDPR, AML etc., knowledge up to date.

You can relax safe in the knowledge that all the small aspects of your business are taken care of. You know what they say – ‘look after the pennies and the pounds will look after themselves.’ The same is true in financial services – look after the details and the overall picture looks after itself.

The big thing with the admin service is that it is a £25 per hour add on to our Paraplanning service and is not available on a standalone basis.

How

What You Get For Your Money

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We work with you, picking up the tasks that you don’t have time for. This is our admin service and is the perfect bolt-on to the work we already carry out for you. Don’t worry about all those little tasks that swallow up vast amounts of your time. We’ll take care of them for you.

Why

FAQ’s

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Are there other ways you can help?

Yes. Drop us a line if you have any questions about your financial services company. We have walked in your shoes as well as our own, so are always here to answer your questions and help you grow.

How long does it take?

Again, this depends on the tasks you set us. Over time, we’ll understand each other, and the timescales needed per task. Of course, any that are time sensitive will be tackled straight away.