What is the meaning of paraplanning?

Paraplanning is the process of supporting financial advisers by preparing detailed financial plans, research, and documentation, allowing advisers to focus on client relationships and strategy.

What does a paraplanner do?

A paraplanner researches financial products, prepares reports and recommendations, ensures compliance with regulations, and assists in creating financial plans for clients.

What is the process of paraplanning?

The paraplanning process typically involves gathering client data, analysing financial situations, researching suitable products, preparing financial reports, and reviewing plans with advisers for client presentation.

Is a paraplanner a good job?

Yes, paraplanning is considered a good job for those interested in finance but preferring a behind-the-scenes role. It offers steady demand, career progression opportunities, and involvement in financial planning without direct sales pressure.