As a Financial Adviser, you know how precious your time is. Between back-to-back client meetings, compliance deadlines, and never-ending admin work, it’s easy to feel like you’re constantly playing catch-up.
But what if there was someone working quietly in the background who could lift that weight off your shoulders? Someone who could handle the technical heavy lifting, and give you back hours of your week?
If you’re still using them for just the basics, you’re only scratching the surface of what they can do.
Let’s explore how to leverage the real value of your paraplanner, and how you can make them an integral part of your success.
1. Don’t Limit Them to Just Reports
Paraplanners often get labelled as “report writers” or admin supporters. But that’s selling them short. With the right approach, they can handle the tricky, technical stuff too.
Things like:
- Cashflow modelling
- Tax-efficient planning strategies
- Annuity research
What does this mean for you? While you focus on your clients and growing the business, they make sure your advice is accurate, compliant, and perfectly tailored.
2. Let Them Be Your Second Pair of Eyes
When you’re deep in a case, it’s easy to miss a detail or overlook a better option. Paraplanners are brilliant at stepping back and spotting things you might have missed.
Think of them as your “second opinion” team. Whether it’s comparing two strategies, modelling different scenarios, or checking calculations, they’re there to make sure nothing is missed.
3. Consider Them for Client Meetings
Paraplanners don’t have to stay hidden in the back office. Bringing them into client meetings, whether in-person or virtually, can make a huge difference, especially when they work on the case from scratch.
Here’s why it works:
- They help explain the complex stuff clearly and simply.
- Clients see the depth of work behind their financial plan.
- It builds trust.
4. Let Them Improve Your Workflow
Paraplanners are naturally detail-focused and process-driven. They’re often great at spotting inefficiencies and figuring out better ways of working.
Think about this:
- Are there tools that could automate your fact-finding process?
- Could workflows be simplified to save hours of admin?
Why it matters: Every process they improve frees up your time to focus on what you do best, delivering great advice and growing your practice.
5. Stay informed & updated
The financial sector changes constantly. FCA regulations, tax rules, new products, it’s a lot to keep up with. The good news? Your paraplanner stays on top of these changes, ensuring you’re always working with the latest insights.
For example:
- A pension rule is changing next year? They’ve got it covered.
- Need a shortlist of ESG funds for a client? Leave it to them.
This way, you stay ahead of the curve without drowning in the details.
6. Focus on What You Do Best
At the end of the day, your paraplanner’s ultimate role is to free you up. The less time you spend on technical work or admin, the more time you have to focus on clients, strategy, and growth.
Imagine this:
- How much more could you get done if you delegated more?
- How much more could your practice grow if you had time to think and plan?
Your paraplanner isn’t just “helping out”, they’re an essential part of the team, working behind the scenes to help your practice bloom.
How Consenta Helps You
At Consenta, we don’t just provide paraplanning services. We integrate into your team, handling the heavy lifting so you can focus on what matters most.
Ready to see what your paraplanner can really do for you?
Let’s talk.
Your time is precious. Let’s help you make the most of it.
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Contact us today to discuss how Consenta can support you.