The mathematics of financial advice is simple – The more clients you see, the more advice you can provide and the more revenue you are able to generate for your business.
We understand that the biggest roadblock in achieving this is negotiating the maze of documentation and compliance requirements. With the ever changing compliance requirement, advisers are spending more and more time doing administration and less time doing the job they love. Outsourcing your paraplanning is a simple and cost effective way of reducing the administration load.
Bulldog Paraplanning & Consulting aim is to:
Free up your time
- As a Financial Planner your time is best spent in front of your clients. Outsourcing allows you to spend more time with your clients and less time with paperwork, research and compliance.
Efficiency
- Outsourcing will allow you to better manage your workflow. When you outsource to us we guarantee you will receive your completed Statement of Advice in the agreed turnaround time. This ensures your clients are not left waiting for months for the plan to be prepared.
Pay for what you need
- Working with us you’ll receive a quote and strategy confirmation upfront for all your advice documents so there’ll be no surprises and you’ll receive everything that you need and expect in your advice document.
Privacy and Confidentiality
- We ensure the confidentiality and privacy of yours and your client’s details. We encourage a privacy and confidentiality agreement to be in place. The business holds Professional Indemnity Insurance.
Fees:
We work on an hourly rate basis of $110 (excluding GST). We believe that a plan should not be charged on a per strategy basis, as there are many variables with each client, strategy and business.
We find that an hourly rate results in a much better, more bespoke, tailored, carefully written plan as the paraplanner is not under unrealistic time pressure to complete the document. We take the time to complete the advice document properly and do not rush it “just to get it done”. But rest assured, you will be provided with an upfront quote and any amendments to that will be discussed. We can also accommodate any urgent/time critical/express advice delivery required – this service will attract up to a 50% loading on hourly rate.
We also like to reward the advisers that have clear, organised and succinct information and SOA requests. The easier the information is to decipher and translate into an SOA, the quicker we can complete a plan and the less it will cost!
Service Standard
7 Business Days upon receipt of all required information.
We will however always attempt to accommodate your turn around time needs.
Plans need to be received by 12pm for that day to be counted as a business day in the 7 business day turn around.
Plans can be returned outside of 7 business days, however this will always be with prior negotiation and clarified when the plan request is received.
Our 3 Step Process
Bulldog Paraplanning & Consulting provides a premium outsource paraplanning solution so that you can focus on being in front of your clients and not being behind your computer preparing Advice Documents.
We understand that each practice is different and we are more than happy to work in with you and your office procedures to ensure a seamless integration with your workflow and processes.
Step 1:
Email @bulldogparaplanning.com.au to notify us of a new Advice Document to complete. Please ensure that this includes the essential client information that may be required to complete the advice. This may include:
Any other relevant information that will assist us to customise and “tell the client story” in the Advice Document
Step 2:
We will review the submission and send back a Strategy Confirmation email back to the Adviser to ensure all details have been captured correctly as well as provide quote for the advice and a due date for the Advice Documents completion.
Step 3:
We will complete your Advice Document.
Once finalised, the Advice Document will be email back ready for your perusal.
- Require Changes – just email us generally we will complete changes quickly. However, we will contact you to discuss if any change of strategy not previously quoted is required.
Bulldog Paraplanning & Consulting 