What to Look for When Choosing an Outsourced Paraplanning Partner
Choosing the right outsourced paraplanning partner can transform how your advice business operates. As more advice firms turn to outsourcing, the question has shifted from “Should we outsource?” to “Who should we partner with?
Understand Their Experience and Specialisation
Not all paraplanners are the same. Look for a provider with deep experience in your advice style and licensee requirements. A team that understands your advice process—from SOA to ROA—will deliver work that fits seamlessly into your business.
Ask About Their Quality and Compliance Process
Quality control is the backbone of outsourced paraplanning. The right partner should have a review process that checks for compliance accuracy, file notes, and legislative updates before documents reach you.
Check Their Turnaround Consistency
Speed matters—but consistency matters more. The right outsourced paraplanning partner will help you deliver compliant, consistent advice documents. Ask about their typical SOA turnaround times and whether they offer scalable support during busy periods.
Look for Clear Communication and Responsiveness
Communication is what turns a supplier into a true partner. Choose a paraplanning service that updates you on progress, seeks clarification where needed, and provides quick responses to queries—this transparency builds trust and efficiency.
Align on Values and Growth Goals
The best paraplanning relationships are long-term ones. Find a team that values collaboration and shares your commitment to client outcomes, compliance, and quality. The right partner will grow with your business—not just work for it. Choosing an outsourced paraplanning partner aligned with your growth goals ensures lasting success.
Bringing It Together
Choosing an outsourced paraplanning partner is an investment in your firm’s future. By prioritising experience, communication, and consistency, advisers can build a partnership that drives efficiency, compliance, and growth.
If you’re ready to partner with a trusted team, get in touch with One Degree Paraplanning today.
