Paraplanner
  • Home
  • About
  • How It Works
  • Pricing
  • Start a Trial
  • APPLY
  • SoA Vetting
  • Contact Us
  • FAQ - Advisers
    • Outsource Paraplanning
    • Choosing a Contract Paraplanner
    • Why Paraplanner
    • Contract Paraplanner Calculator
    • Adviser Support Services
    • The Benefits of Contract Paraplanning
    • Grow in wealth Paraplanning
  • FAQ - Paraplanners
    • What is a Paraplanner or Paraplanning
    • Paraplanner Contracts
    • Paraplanner Salary For Paraplanning
  • Testimonials
  • Dealer Group List
    • AMP
    • Apogee
    • Bluewater Financial Paraplanning
    • Centrepoint Alliance
    • Charter
    • ClearView
    • Fortnum
    • Garvan
    • Meritum
    • MLC
    • Securitor
    • Wealth Today
  • ParaPartners
  • Privacy Policy
    • Terms of Use
  • SoA Vetting Request
  • Licensee Paraplanning Services
  • Change your Name
  • Advanced Diploma of Paraplanning
  • Blog

OUTSOURCING PARAPLANNING CAN BOOST PRODUCTIVITY

30/1/2013

 
Cost efficiency and having the flexibility of an ‘on-tap’ service are the top two reasons for utilising a contract paraplanner, both for independent advisers and dealer groups.

Nina Hope, former director of contract paraplanning provider Paraplanning Professionals, which was sold to Tribeca Corporation in 2001 and subsequently absorbed into Integratec, identifies the most common scenarios for employing third-party paraplanners.

“With small practices, they either couldn’t justify employing someone at that stage, or they wanted to test the waters first to see how it would work. With larger dealer groups, where we would be doing all their paraplanning – between 80 and 150 plans a month – it would be to save them the hassle of managing a paraplanning division,” Hope says.

Succession planning for a paraplanner within a small practice is often difficult, and so another reason for outsourcing, although many dealer groups encourage larger practices to have their own internal paraplanners for this reason. [More details]


Comments are closed.

    Paraplanner.com.au

    Paraplanning news, jobs and updates.

    Find A Paraplanner

    RSS Feed

    View my profile on LinkedIn
PARAPLANNER - COPYRIGHT © 2015  |  NSW - 02 9011 6006 | VIC - 03 9017 3528 | WA - 08 6461 6642 | QLD - 07 3333 2665