Category: Paraplanner
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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,…
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Steven McBurnie Leads CISI Paraplanner Group Towards Industry Advancement
Steven McBurnie, the newly appointed Chair of the CISI Paraplanner Interest Group, brings a wealth of experience and a clear vision for the future of paraplanning. His journey into the profession was a deliberate choice, starting with his academic pursuit of financial services, which laid the foundation for his career in the industry. Becoming a…
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Paraplanners Urged to Step into Spotlight for Industry Recognition
Paraplanners, often overshadowed in the financial services industry, are being urged to step into the limelight and assert their professional identity. Zara Okoro, a seasoned senior paraplanner at JG Paraplanning, emphasizes the importance of showcasing the value paraplanners bring to the finance community. Okoro believes that paraplanners face a lack of recognition and exposure compared…
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Retaining Paraplanners: Strategies for Success in Financial Advisory Firms
Paraplanners are crucial to the functioning of advice firms, and the departure of one can create significant challenges for the business. As the New Year brings about a wave of job changes, many small to medium-sized firms may find themselves at risk of losing their valuable paraplanner or administrator. Becoming a Paraplanner: A Comprehensive Guide…
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UK Paraplanners Pursue Chartered Status for Career Advancement
As the New Year unfolds, paraplanners in the UK are setting their sights on new professional goals, with many aspiring to attain Chartered status to elevate their careers. This prestigious qualification holds significant value within the paraplanning profession, signifying expertise and dedication. In a comprehensive exploration of the requirements and benefits of Chartered status, Jenny…
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FAAA Urges Clear Path for Paraplanners to Financial Advisers
The Financial Advice Association Australia (FAAA) has expressed concerns regarding the lack of a clear pathway for paraplanners to transition to financial advisers under the proposed Australian Bureau of Statistics (ABS) classifications. In its submission to the ABS Australian and New Zealand Standard Classification of Occupations (ANZSCO), the FAAA highlighted the need for changes in…