Category: Paraplanner
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Kim Bendall Launches Innovative Outsourced Paraplanning Business
Kim Bendall has recently introduced a groundbreaking venture in the realm of outsourced paraplanning services. Partnering with Ralph Sanders, they have established Go Paraplanning, a firm that offers an array of services encompassing paraplanning, due diligence, practice management, administration, and assistance in meeting PROD requirements and GABRIEL returns. This innovative enterprise extends its services not…
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Paraplanners Paving Diverse Career Paths in Financial Services Boom
In the realm of financial services, paraplanners are finding themselves at the crossroads of diverse career opportunities. Traditionally seen as a pathway to becoming a financial adviser, paraplanning has evolved into a standalone profession with a multitude of career trajectories within the financial sector. The role of a paraplanner encompasses a wide array of skills,…
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Paraplanner Evolution: From Stepping Stone to Recognized Profession
The evolution of the paraplanner profession has seen significant growth and recognition over the past decade. Caroline Stuart, a seasoned paraplanner at Sparrow Paraplanning, reflects on the transformation of paraplanning into a respected and essential element of the financial advisory process. Looking back at the state of paraplanning in 2011, it was evident that the…
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Paraplanning Opportunities Overlooked Amid Industry Evolution
In the realm of financial services, the role of a paraplanner is often overshadowed by more visible professions, leading to a lack of recognition for the diverse opportunities that this field offers. Cathi Harrison, the owner of The Verve Group and Para-Sols, emphasizes that the significance of paraplanning has diminished over the years due to…
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Paraplanners: Unsung Heroes of Financial Advisory
Paraplanners: The Backbone of Financial Advisory In the realm of financial advisory, paraplanners often stand as the unsung heroes, wielding a significant influence on the success of advisors and the satisfaction of clients. Kate Davenport, a paraplanning manager at Kingswood, emphasizes the indispensable nature of key skills for paraplanners, including meticulous attention to detail, effective…
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From Paraplanner to Adviser: Navigating the Client-Centric Journey
Transitioning from a Paraplanner to an Adviser: Embracing a Client-Centric Approach Reflecting on the past year, I, as an aspiring financial adviser, have gained valuable insights into my journey towards becoming a financial planner. Having recently completed my chartered qualification as a paraplanner, I am now setting new goals and personal aspirations for the upcoming…
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Caroline Stuart Urges Industry Push for Paraplanner Awareness
Caroline Stuart, a prominent figure in the financial services industry and former president of the Personal Finance Society, is advocating for increased awareness and promotion of the role of paraplanners. Stuart, who is also the owner of Sparrow Paraplanning and Solutions, emphasizes the need for the industry to actively promote paraplanning as a career option.…
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The Paraplanner Club: Empowering Success Through Mentorship and Innovation
In the realm of financial services, paraplanners play a crucial role, often working in the background to translate complex financial solutions into actionable plans. Sam Patterson, the Head of Delivery at Equilibrium Financial Planning and Head of Mentoring at The Paraplanner Club, sheds light on the significant influence paraplanners wield beyond producing reports. In a…
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Breaking Barriers: Men’s Rising Interest in Paraplanning Careers
In recent years, there has been a noticeable shift in the perception of paraplanning as a career choice for men. Traditionally, men often viewed paraplanning as a mere stepping stone to becoming a financial adviser. However, a study conducted by Quilter Financial Planning’s behavioral consultancy revealed that a significant number of male paraplanners aspire to…
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AI’s Progress Threatens Paraplanners: Industry Faces Reduction – FTAdviser
The rapid advancement of artificial intelligence (AI) in the financial services sector is poised to bring significant changes, potentially leading to a reduction in the number of advice firms and impacting the role of paraplanners. Ian McKenna, the founder of F&TRC, has highlighted that AI’s progress could result in a scenario where some advice companies…