Paraplanning

The Paraplanning Process

Start up Requirements

• Templates.

• Assumptions for returns and inflation.

• Risk Profile definitions and asset allocations.

• Any other resource that you would consider necessary for us to complete your plans.

Process

• The completed, readable data collection form is faxed or emailed to the “admin” email

• Paraplanning Instructions including: Scope of Advice, Investment Selection and Fees should also be provided.

• Insurance quotes and calculations.

• If we are assisting in the strategy development then we will require the following:

  • Accurate definable client objectives to be addressed.

  • Your ideas as to which strategies you are expecting to see.

  • We would prepare an outline strategy with figures or “Working Paper” for the Adviser to check and determine if they are happy to continue.

• SRW checks the information and will send the Adviser a list of any questions or missing information.

• The Statement of Advice is prepared on your template and emailed back to the Adviser for a final proof read and check.

• We will complete minor alterations, however if there is a change of strategy, which leads to additional hours being spent preparing the Statement of Advice, then an additional charge may be levied (this is at the discretion of the Paraplanner )

• The Adviser prints the final document.

Things we do not do

• Insurance calculations or obtaining quotes.

• Investment Selection.

• Complete investment forms.

• Contact the client or obtain any client information other than that supplied by the Adviser.