The Paraplanning Process
Start up Requirements
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Templates.
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Assumptions for returns and inflation.
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Risk Profile definitions and asset allocations.
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Any other resource that you would consider necessary for us to complete your plans.
Process
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The completed, readable data collection form is faxed or emailed to the “admin” email
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Paraplanning Instructions including: Scope of Advice, Investment Selection and Fees should also be provided.
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Insurance quotes and calculations.
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If we are assisting in the strategy development then we will require the following:
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Accurate definable client objectives to be addressed.
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Your ideas as to which strategies you are expecting to see.
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We would prepare an outline strategy with figures or “Working Paper” for the Adviser to check and determine if they are happy to continue.
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SRW checks the information and will send the Adviser a list of any questions or missing information.
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The Statement of Advice is prepared on your template and emailed back to the Adviser for a final proof read and check.
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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 )
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The Adviser prints the final document.
Things we do not do
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Insurance calculations or obtaining quotes.
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Investment Selection.
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Complete investment forms.
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Contact the client or obtain any client information other than that supplied by the Adviser.