It is crucial to have a streamlined business model that enables the adviser to spend as much time as possible fulfilling their client’s needs; rather than carrying out time consuming tasks such as research and report writing and other regulatory requirements.

By outsourcing, the paraplanning role is clearly defined; making the overall process and the work involved transparent, which in turn fully justifies the fees charged to your client.

The New Model Adviser approach should ideally consist of just three main entities, resulting in an efficient and profitable model: