Category: Paraplanner

In the ever-evolving financial landscape, paraplanners are navigating the integration of artificial intelligence (AI) into their roles. At the Empowering Advice Through Technology (EATT) conference in London, TFAS Wealth CEO Jeff Lange and Chesterton House Financial Planning programme manager Sapna Shapero highlighted the transformative impact of AI on paraplanning. Lange emphasized that rather than AI…

Paraplanners play a crucial role in the financial industry, with one of the standout benefits being the ability to leave work at the office. This aspect was highlighted by Marlena Eltringham, recognized as the Personal Finance Society paraplanner of the year. The concept of not taking work home resonates with many professionals in this field,…

Commonwealth, a prominent independent broker-dealer based in Waltham, Massachusetts, with a substantial network of 2,200 representatives, has embarked on a strategic initiative to enhance its financial advisory services. This move comes in the wake of transitioning from MoneyGuidePro to RightCapital, a decision that has significantly influenced Commonwealth’s approach to integrating paraplanners into their advisor ecosystem.…

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…

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,…

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…

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…

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…

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…

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.…