Category: Paraplanner
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Paraplanning Evolves: Insights from Industry Expert Alan Gow
The role of paraplanning has seen a shift in perception over the years, as highlighted by Alan Gow, owner of Argonaut Paraplanning. In a recent discussion with FT Adviser, Gow emphasized that paraplanners are deeply involved in the technical aspects of advice and investment strategies, contrary to the misconception that they merely fill in templates…
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Industry Experts Reassure Paraplanners Amid AI Advancements
Paraplanners attending the Empowering Advice Through Technology (EATT) conference in London were reassured by industry experts that the rise of artificial intelligence (AI) should not be a cause for concern in replacing their roles. TFAS Wealth chief executive Jeff Lange and Chesterton House Financial Planning programme manager Sapna Shapero emphasized the importance of upskilling to…
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Paraplanners Navigate Evolving Financial Landscape with Technology Integration
Paraplanners play a crucial role in the financial services industry, ensuring that clients receive sound advice and comprehensive planning for their financial future. Ellie Summers, a senior paraplanner at Atomos, emphasizes the importance of staying up-to-date with industry changes and regulations. She highlights the evolving nature of the role, driven by the need to adapt…
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Paraplanners Shifting Career Goals: Survey Reveals Surprising Trends
In the realm of financial planning, the path from paraplanner to financial adviser is a common trajectory. However, recent insights from the 2023 Australian Paraplanner Survey shed light on a surprising trend – only 21% of paraplanners aspire to transition into an adviser role. This statistic underscores a prevailing contentment among paraplanners with their current…
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Paraplanners Rise: Embracing Specialization and Leadership in Finance
In the realm of financial planning careers, paraplanners have often been overlooked, relegated to support roles. However, this perception is rapidly changing as more paraplanners attain chartered status and take charge of their professional growth. The landscape for paraplanners is evolving, offering diverse and forward-looking career paths. IFA Magazine explores this transformation in a series…
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Female Paraplanners Urged to Break Traditional Expectations for Success
Female paraplanners in the financial industry are advised to break away from traditional expectations and not feel constrained to conform to a specific standard. Katie Burgess, a seasoned senior paraplanner and financial planning executive at Crowe Financial Planning, emphasizes the importance of disregarding the pressure to “fit the mould” in order to achieve success in…
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Paraplanners Urged to Evolve Amid Financial Advice Transformations
Financial advice has undergone significant transformations in recent years, especially in back-office operations, with the integration of new technologies aimed at enhancing efficiency. This shift has led to a decline in demand for paraplanners’ services, prompting industry experts to advocate for the evolution of paraplanning roles to align with changing adviser needs. Becoming a Paraplanner:…
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Paraplanners Embrace Tech Evolution for Future Financial Success
Artificial intelligence is not seen as a threat to paraplanner roles according to Sapna Shapero, the Programme Manager of Operations at Chesterton House Financial Planning. Shapero emphasized the importance of upskilling for paraplanners to remain relevant in the evolving landscape of the financial industry. She addressed the audience at the Financial Technology Research Centre’s Empowering…
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Paraplanners’ Evolving Role in Financial Advisory Services
Paraplanning, often misconstrued as merely administrative support, is gaining recognition for its pivotal role in financial advisory services. According to Sam Patterson, director and head of mentoring at The Paraplanner Club, paraplanners should be actively involved in client meetings to enhance their contribution beyond routine tasks. Becoming a Paraplanner: A Comprehensive Guide to the Profession…
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Innovative Traffic Light Tool Enhances Client Care in Finance
A paraplanner, Rachel Whittaker from Oakmere Wealth Management, has devised a unique traffic light tool to pinpoint vulnerable clients. This innovative system aims to enhance client care and financial planning processes within the industry. Becoming a Paraplanner: A Comprehensive Guide to the Profession | $0.00 Whittaker’s approach involves categorizing clients based on their vulnerability level,…