As a financial adviser, your time is best spent meeting clients, developing relationships, and delivering strategic advice. Yet many advisers find themselves tied down with the detailed and time-consuming task of preparing Statements of Advice (SOAs) and other compliance documents. That’s where outsourced paraplanning comes in.
At OD Paraplanning, we partner with advisers across Australia to deliver accurate, efficient, and compliant paraplanning solutions. Here are five key benefits of outsourcing your paraplanning:
1. Save Valuable Time
By outsourcing paraplanning, you free up hours each week that can be redirected to client meetings, prospecting, and growing your business. Instead of getting bogged down in compliance documents, you can focus on what you do best — providing financial advice.
2. Reduce Costs Compared to Hiring In-House
Employing a full-time paraplanner comes with a significant cost — salary, super, training, and ongoing overheads. Outsourcing provides access to experienced paraplanners at a fraction of the cost, without the long-term financial commitment of an employee.
3. Improve Compliance and Accuracy
Our team of paraplanners works within strict compliance frameworks and AFSL requirements. This means every SOA and ROA is prepared with accuracy, consistency, and quality assurance checks — reducing the risk of errors or compliance breaches.
4. Scale Your Support As You Grow
Whether you need one SOA a month or multiple each week, outsourcing provides the flexibility to scale up or down depending on your workflow. This helps you manage busy periods without the stress of finding additional resources.
5. Enhance Client Experience
By removing the burden of administration, you’ll have more energy and time to dedicate to your clients. Better service and stronger relationships ultimately support practice growth.
Outsourcing your paraplanning is more than just an efficiency play — it’s a way to reduce costs, improve compliance, and deliver better outcomes for your clients.
At OD Paraplanning, we make the process simple and reliable so you can focus on what matters most: building relationships and growing your practice.
👉 Ready to free up your time and streamline your advice process? Get in touch with us today.
