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 only to financial planning businesses but also to life and investment companies, as well as software houses.

With a wealth of experience spanning two decades in the financial services sector, Kim Bendall brings a unique perspective to the table. Having spent three years as an Independent Financial Advisor (IFA) and seventeen years as a paraplanner, both in-house and outsourced, Kim’s expertise is further honed by her five-year tenure as a co-director at an outsourced paraplanning firm. On the other hand, Ralph Sanders, the partner in this venture, previously co-owned a financial planning business, specializing in practice management, corporate admin, and compliance.

Kim Bendall emphasizes that outsourced paraplanning services offer a broad spectrum of benefits beyond traditional paraplanning and administration. These include engaging in specific project work, conducting due diligence, and aiding firms in enhancing their practice management, processes, and overall efficiencies to better serve their end clients. She underscores that the comprehensive support provided by outsourced paraplanners is often underestimated by financial advice firms and companies in the life and investment sector. By collaborating with various firms, products, compliance consultants, and investment strategies, outsourced paraplanners like Go Paraplanning possess a holistic industry viewpoint that remains an underutilized resource.

Operating primarily from Kent while serving clients nationwide, Kim Bendall notes that the shift towards remote work during the COVID-19 pandemic has underscored the efficacy and viability of virtual operations. This transition has prompted many firms to reassess their operational frameworks. Leveraging outsourced services not only ensures operational continuity but also offers a cost-effective solution as firms only pay for the services they require.

Go Paraplanning has swiftly made its mark in the industry, boasting a roster of established clients and aspiring to onboard more clients in the coming year. The overarching goal is to forge enduring partnerships with a select group of financial planning clients while also extending consultancy services and project work to life, investment, and software companies. Looking ahead, the firm aims to expand its team to 4-5 members over the next couple of years, aligning with its commitment to delivering personalized and exceptional service to clients.

In essence, Go Paraplanning endeavors to establish itself as a boutique firm that excels in delivering top-tier services to its clients over the long term. By attracting reputable financial planning firms seeking an experienced outsourced partner, the firm aims to foster close collaboration and achieve mutual success. For further information, interested parties can visit the official Go Paraplanning website.