Empowering IFAs With Strategic Outsourced Paraplanning Services
We believe our Outsourced paraplanning solutions allow financial advisors to focus on their most important client interactions. Our outsourced paraplanning service is a simple solution to professionally streamline important back-office functions – suitability reports, annual reviews and financial research – compliance and accuracy always at the forefront of each step.
- The Reasons for Financial Advisors to Use Our Paraplanning services
We produce suitability reports, annual reviews and pension switch documents that are fully compliant and FCA-ready, limiting your regulatory exposure.
Our outsourced paraplanning services can perform all of the back-office planning work for you so that you can maximize your time spent on finding and advising clients.
You will have access to paraplanners with in-depth financial knowledge, industry tools, and on-going support through senior management.
- Our Features
Features of Our Outsourced
Paraplanning Services
Suitability Reports
We provide fully formatted and FCA compliant Suitability Reports (and Statements of Advice) that match your client's needs, risk profile and investment objectives.
Annual Reviews & Investment Swaps
We are able to provide various levels of review from a review of the portfolio, assisting you with complex transfer cases and we complete all annual reviews in full for you, offering a detailed annual review with insurance competence letter, and a detailed investment summary.
Paraplanning Admin Support
We cater for lots of administration support from chasing LOAs, quotations, data entry, providing service or insurance call recording, upload to your financial planning software, and all administration support to allow you to create efficiency in your work workflows.
- Our Process
Providing Outsourced Paraplanning Services
Understanding Your Advisory Model
We start by understanding your client base, service model, compliance process, and workload of paraplanning.
Identifying And Customizing Your Support
With your processes in mind, we will identify the scope of work (reports, admin, research), and build a list of paraplanners with the relevant experience.
Aligning and Collaborating Within Your Firm
For external support, our team will become integrated into your firm’s workflow, implementing your CRM and financial planning software to ensure seamless collaboration and document transfer.
Scaling with Proportional Add-Ons
As your firm develops, we are there to assist with your wider offering through outsourced financial reporting, outsourced accounting services, outsourced payroll service and outsourced bookkeeping services.
How Our Paraplanning Experts Help You Succeed
At 24×7 Vista Solutions, our outsourced paraplanning services are designed to remove the operational burden from IFAs. We support financial advisors and wealth management firms with:
Every report is tailored to match your client’s objectives, your firm’s tone of voice, and FCA standards.
Not only do we provide independent product research, risk analysis and benchmarking of pensions, ISA's, life insurance and investment funds.
Our paraplanners don’t just write reports, they also do all of the behind-the-scenes admin work to keep you focused and productive!
We integrate with all widely-used financial planning platforms and tools, to provide hassle-free collaboration, and a solution that fits your tech stack.
500+
95%
Let's Make Paraplanning Simpler for Your Practice
Our outsourced paraplanning service provides rigour, process, pace, and professional insight paying dividends in your overall financial planning process, allowing you to focus on what you do best.
Check out our outsourced bookkeeping services, outsourced payroll service, financial planning back-office partner for your firm.
