Category: Paraplanner
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Key Skills for Successful Paraplanners in Financial Advisory Sector
When it comes to hiring paraplanners, there are specific skills that industry experts like Phil Greenwood, head of technical consulting at EQ Investors, look for. Greenwood emphasizes the importance of honesty as a fundamental trait for a successful career in paraplanning. In a field that requires meticulous attention to detail and ethical decision-making, integrity is…
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Paraplanners Elevate Careers Through Innovation and Networking
Paraplanners and administrators are in high demand, with many eyeing opportunities to advance their careers, whether through increased responsibilities or transitioning into advisory roles. Lewis Byford, co-founder of Antony George Recruitment and The Financial Planning Club, emphasizes the importance of showcasing additional efforts beyond qualifications to demonstrate one’s value to potential employers. By going the…
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Paraplanners’ Evolving Role: Key Innovators in Financial Services
In the dynamic world of financial services, paraplanners play a crucial role in translating intricate financial solutions into actionable plans. Sam Patterson, Head of Delivery at Equilibrium Financial Planning and Head of Mentoring at The Paraplanner Club, sheds light on the profound impact paraplanners have beyond producing reports. Financial Planning Essentials | $69.66 During a…
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Directly Authorized Advisers Earn 19% More Than Network Affiliates: Census Data
Advisers who are directly authorized earn significantly more than those within a network, with a 19% difference in average salaries, according to data from a recent census by recruitment firm BWD. The census, which collected information from 540 participants, revealed that the average salary for directly authorized advisers stands at £114,097, compared to £96,773 for…
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Financial Advisers Embrace Collaboration with Paraplanners for Enhanced Client Service
Advisers in the financial industry are increasingly recognizing the value of working collaboratively with paraplanners rather than merely delegating tasks to them. Hannah Wynick, founder and director of Core Financial Paraplanning, emphasized the importance of viewing the relationship with paraplanners as a partnership rather than a one-way street. At a recent event organized by the…
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Why Paraplanners Prefer Long-Term Career Growth Over Advisory Roles
Paraplanners are increasingly seeing their profession as a viable long-term career path, according to the latest findings from the lang cat’s State of the Advice Nation report. Contrary to common assumptions, a significant portion of paraplanners express a preference for staying within paraplanning rather than transitioning into advisory roles. This trend highlights a growing demand…
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The Inspiring Legacy of Financial Paraplanner Anna Sue Jacobson
Anna Sue Jacobson, a beloved resident of Roseville, Minnesota, passed away at the age of 84, leaving behind a legacy of love and dedication. Born in 1940, she was surrounded by her family as she peacefully departed on April 27, 2025. Her husband of 66 years, Lyle Norman, and their sons Lyle Michael, Daniel Ray,…
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AI Integration Sparks Debate: Paraplanners’ Role in Financial Services Industry
As the financial services industry continues to evolve with the integration of artificial intelligence (AI), the traditional role of paraplanners is being questioned. In a recent event, an AI tool was showcased with a slide proclaiming “the end of paraplanning,” sparking a debate among industry professionals. Scott Daniels, a prominent figure in the field and…
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Evolving Role of Paraplanners: Key Players in Financial Advisory Landscape
Paraplanning, often misconstrued as a purely administrative function, holds a more substantial role within the financial advisory landscape. The perspective that paraplanners merely handle paperwork neglects the depth and breadth of their contributions. Sam Patterson, director at The Paraplanner Club, advocates for a shift in this perception, urging greater recognition of paraplanners’ value beyond administrative…