Paraplanning

Qwrk Outsourcing (formerly SMSF Paraplanners) offer two Paraplanning outsourcing models. Firstly we have Paraplanners who can be dedicated to a specific Financial Planning practice on a full time basis or alternately we offer an ad-hoc Paraplanning service.

Our Paraplanners are overseen by our Support Managers who provide HR support, training and assistance in completing Statement of Advice documents, bespoke to your practice or licensee requirements.

All Statement of Advice (SoA) or Record of Advice (RoA) documents are checked by our incredibly experienced Compliance team- again, in accordance with your individual licensee requirements. Read more about our Compliance team here.

Qwrk Outsourcing Paraplanners are trained for a period of 4 months prior to being deployed to practices. All of our Paraplanners hold either a Diploma of Financial Planning (DipFP) or Advanced Diploma of Paraplanning (ADPP).

The goal of our Paraplanning team is to free up as much of the Financial Adviser’s time as possible, allowing them to concentrate on connecting with more clients. This allows you to focus on client-facing activities, high-level planning and analysis, and prospecting for new clients.

Dedicated or Ad-hoc Paraplanners?

Dedicated Paraplanners

Dedicated paraplanners work for a single Financial Planning practice. Their role is not just limited to SoA or ROA preparation and modelling, but includes strategy preparation, research and full file construction. Tasks are allocated based on the needs of the practice. A dedicated model will work best for your practice, if you have a consistent volume of advice documents needing to be produced, or you require additional support for the completion of your client files.

Ad-hoc Paraplanners

Ad- hoc paraplanners on the other hand, are available for SoA or RoA preparation, modelling and research, however each team member works across a number of different practices as required. This model will work best for your practice if you are looking for an outsourced paraplanning option, with greater flexibility.
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