051 004 0539
FIN.COLLABORATION
Paraplanning Services
Packages are designed to decrease the time financial advisors spend at the office behind their computers. An advisor’s time is best spent in front of clients.
More time spent with clients ensures that the relationships are strengthened and that the business can grow.
These packages can save an advisor between 13-20 hours per month. That is 2-3 working days can be put to better use. The average rate of a financial advisor is R1,300.00 per hour. In Rand terms, this translates to R16,900.00 – R26,000.00 spent per month on preparing analysis reports and proposals.
Paraplanning Services
Investment proposals
Estate Planning
Retirement Planning
Product Comparison
Holistic Planning
Preparation of annual review reports
Packages can be customised to fit the needs of the specific advisor practice and are made up of a combination of the service offerings. These offerings provide more cost-effective solutions to financial advisor practices.
The type and level of services provided, paid as a fixed monthly retainer fee, are based on a number of credits available to be utilised as needed. The number of credits per package will depend on the scope and level of services required, packages usually vary between R5,000.00 and R20,000.00 (VAT exclusive) per month.
*Only 20% of unused credits for a given month can be carried over to the next month (but not continuously).
*Onboarding set-up at additional costs that will be quoted on after the initial consultation.
Cost/Credits (VAT exclusive) associated with the different service offerings
(may differ depending on needs of specific office):
Single/Joint planning (no entities)
Holistic Plan (1 entity only)
Holistic Plan (2 entities or more)
Estate Plan
Retirement Plan
Investment Plan
Product Comparisons
Credits
320
380
S.Q.
240
150
100
100
Cost in Rand
R5,000.00
R6,500.00
S.Q.
R2,000.00
R1,500.00
R1,000.00
R1,000.00
** Illustrative purposes only**