The future of UK paraplanning is already here, it is just currently based in Australia. I have recently had the good fortune of mixing a trip to Australia to catch up with family and look in on a couple of the mega paraplanning businesses based in Perth Australia. Before going into further detail … Continue reading The future of UK paraplanning is already here…
Back in the early days of my career, I was provided with a laptop (cutting edge in the early 1990’s) which was used to fact find, obtain quotes off the exchange and write my own reports. Back then I had no idea that I was actually doing my own ‘paraplanning’, it was just part of … Continue reading Why paraplanning is not just about report writing.
Very interesting and topical article on greenwashing and ESG data Challenge from SCM Direct. I think financial advisers need to tread carefully before jumping down the ESG rabbit hole, given that, in a paper by State Street, for four leading data providers’ their ESG scores still have less than 50% correlation to each other … Continue reading ESG data Challenge – Greenwashing?
Six Sigma in Financial Planning Practices To many people, Six Sigma is ‘something done in manufacturing’. To me having spent six months obtaining my Black Belt and reviewing the processes within my own paraplanning business, I totally disagree. Although 6 Sigma has its roots in the 1980’s it has been applied successfully within the services … Continue reading Six Sigma in Financial Planning Practices
Building on Outsourced Paraplanning (Effective Suitability Reports), in which Rory Percival sets out his concerns over suitability report letters, ATEB Consulting’s Steve Bailey presents a few of the more common issues that the compliance firm discovers in adviser files put together without the aid of a qualified paraplanner. 1 – Reports being twice … Continue reading Outsourced Paraplanning – Effective Suitability Reports
In order to keep paraplanning costs down, the Paraplanning Hub offers outsourced paraplanning fees from £40 per hour. The Paraplanning Hub pricing plans have been designed with your busy and growing financial planning practice in mind. We are here to help you quickly and efficiently deploy additional Paraplanning resources to enable you to meet the needs … Continue reading Paraplanning Costs – From £40 per hour
Taking professional financial advice – Part 3 Why only 18% of adults seek professional financial advice. Even though my previous articles have shown working with a financial adviser can produce a real tangible financial gain (Part 1) and actually make you happier (Part 2) less than 20% of UK adults actually engage with one (18% … Continue reading Professional financial advice – ONLY 18% listen! ..Part 3
(Working with a professional financial adviser – Part 2.) It appears taking financial advice can make you happier, I know I was surprised too. But stick with me on this one. Firstly, full disclosure, the article is US biased. Although I do tend to think money is a global leveller so I am comfortable in … Continue reading Financial advice can make you happier – Part 2
The role of a financial adviser is all about one thing – delivering the very best financial advice to your clients. It might look easy when you first start out, full of ideals, that you can deliver this time after time. But once you have been in the role for some time, the trees cover … Continue reading Top 5 Tips For Delivering Your Best Financial Advice.