Why Choose Us?
Why Choose Us
The One Degree Paraplanning team has over 40 years experience in the financial planning industry.
The difference between One Degree and other outsourced paraplanning services available in the marketplace, is the strength of our in-house team and the close engagement we have with a small contractor network.
Rather than act as a middle man only between advisers and offshore offices or a pool of contract paraplanners, we set about developing a sustainable business model that could support full-time, in-house paraplanners providing advisers with a consistent point of contact.
Having cut our teeth as contract paraplanners once upon a time, we know that there is no sweet spot when it comes to managing your own book of clients as a contractor.
With workflow typically being lumpy and with quiet periods having a direct impact on your earnings, you are often forced to take on more clients than you can handle and just hope that not all clients send work requests through at once.
The end result is that work is rushed, never completed, or clients are churned in the hope of finding that elusive ‘sweet spot’, forcing advisers to continually engage new paraplanners and put in the hard work to get the new paraplanner up to speed.
Whether you need assistance for ongoing paraplanning support or are in need of a one off large number of SOAs, One Degree has the resources required to meet your needs regardless of the size of the task.
With an ability to build paraplanning teams to meet large scale projects such as the purchase of a new book of clients, One Degree Paraplanning has helped countless financial adviser businesses and dealer groups address significant workflow problems.
For Financial Advisers
By using an established, experienced, in-house team such as One Degree Paraplanning, the continual search for a reliable paraplanning partner is over.
In joining the One Degree Paraplanning family, you will be served by a team of paraplanning professionals that are driven to uphold the outstanding service that we have become known for.
This high level of quality of work has been the catalyst for our own business growth over the last 7 years.
We only ever engage Australian-based contractors and therefore, you have the peace of mind in knowing where your work is being completed and that our paraplanners are constantly accessible.
Our development of our own software platform to deliver operational efficiencies means we are able to offer an onshore service at a cost that is comparable to those being offered by overseas paraplanning businesses.
Furthermore, this investment in software means that our paraplanners are spending less time on the advice document itself and more time on helping advisers deliver the best outcomes for their clients.
For Dealer Groups
One Degree Paraplanning offers dealer groups the opportunity to engage an experienced team of paraplanning professionals, providing your advisers with access to a centralised team that can ensure your compliance rules and advice quality are consistently maintained across your group.
Our current dealer group services include participation in compliance meetings, construction of customised SOA templates, and ongoing process development to drive greater efficiencies throughout a dealer group business.
By centralising the production of advice documents through an experienced and proven team such ours, any changes that need to be implemented across the group are able to be done so immediately.
This eliminates any concern that your advisers haven’t read the latest communication or don’t have the resources to accurately action the required changes.
Adopting a centralised outsourced paraplanning approach also provides for a smoother transition when bringing on new advisers. We simply become a part of your onboarding process, getting your new team members in a position to start writing advice much faster.
What are your paraplanners’ qualifications?
All One Degree staff are degree qualified with extensive experience in the financial services industry totalling a combined 45 years of experience.
How do you ensure data security?
All client information and requests are securely uploaded and stored in a shared OneDrive folders with completed SOAs also uploaded to the shared folder.
When we engage the use of a contractor to complete work, they will only have access to the relevant client folder for the period of time they require it to complete their work. We can monitor how your folder is accessed and used, and no information is to be removed or downloaded from your shared folder.
We will only retain the completed SOA on file until you advise us that the SOA is finalised or for a maximum period of 10 days.
We do not retain any sensitive client information on our system once a request has been completed.
What is your time frame for completing Statement of Advice documents?
Within 48 hours, our team of paraplanning professionals will review your request and provide an estimated timeline.
By outsourcing your SOAs to One Degree Paraplanning, you will have peace of mind in knowing that your documents are being delivered by experienced paraplanners in a fraction of the time it would usually take a busy financial adviser.
What SoA templates do you use?
Our aim is to ensure that your SOAs look and feel the way that you and your clients are used to.
If you don’t have software or a template you use to produce SOAs, why not leverage off our years of experience in developing our own custom built SOA, tailored to your in line with your specific compliance standards and business rules.
We aim to be an extension of your team, producing work that fits in seamlessly with your style.
What financial planning software do you use?
Our development of our own software platform to deliver operational efficiencies means we are able to offer an onshore service at a cost that is comparable to those being offered by overseas paraplanning businesses.
Furthermore, this investment in software means that our paraplanners are spending less time on the advice document itself and more time on helping advisers deliver the best outcomes for their clients.
What is the cost of paraplanning?
Within 48 hours, our team of paraplanning professionals will review your request and provide an estimated cost.
ROAs completed by One Degree Paraplanning come at a significantly reduced cost to a standard SOA and provide you with an affordable option to you completing your own financial tasks and admin internally .
How do I choose an outsourced paraplanner?
With an internal team of paraplanners, supported by a small contractor network, One Degree provides an experienced, qualified and approachable team that is solely based in Australia.
The difference between One Degree and other outsourced paraplanning services available in the marketplace, is the strength of our in-house team and the close engagement we have with a small contractor network.
Rather than act as a middle man only between advisers and
offshore offices or a pool of contract paraplanners, we set about developing a sustainable business model that could support full-time, in-house paraplanners providing advisers with a consistent point of contact.
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