Cashflow Forecasting

We have experience using Voyant, Truth and CashCalc financial forecasting tools.
A financial forecast is a confirmation of where a client is on their financial journey. It also shows that you clearly know and understand that you are up to date with their financial plans. Keeping up to date with your client’s financial plans can be time consuming, we can build these financial forecasts for you saving you the time to let you get on with seeing your clients.


Accurate

We do not use suitability report writing software tools to write our reports as we believe these should be bespoke to each client and their circumstances. This also ensures accuracy to detail as each report will be written with the client’s specific objectives and circumstances in mind. We also ensure that lines of communication are always two-way between our Paraplanners and the Financial Planners/Advisers. This could mean picking up the phone and having a conversation to run through the advice, an email communication or a meeting held remotely via Zoom, Teams or whatever suits you. We will tend to use your templates but if you require us to set one up for you we could also offer this.
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Reliable

We will ensure the Paraplanner working on your case will work with you on a one-to-one basis and available during office hours, on some occasions this could be out of hours depending on workloads at that time.
This could mean sitting in on client meetings virtually, dependant upon timings, to a quick briefing session once the client meeting is completed. This will allow Financial Planner to run through the client discussions whilst they are still fresh in your mind!

Efficient

The main objective of your firm using i-Paraplan is to free up the Financial Planner’s time. We do this by undertaking the time-consuming research, analysis and suitability report writing so you don’t have to. We aim to complete our reports within five working days from the moment we receive all required information, this could be 10 working days during busy periods. However, once we receive a case we will review this and advise you on the turn-around times.

Low Cost

By outsourcing your Paraplanning, you can have access to a wide source of experience and knowledge and not have to pay a full-time Paraplanner salary. You will only pay for the service when you use it, on a pay-as-you-go basis.  We also don’t believe in taking retainers from you. In addition, we tend to keep our costs as competitive as possible and will try to use your systems where this is allowable.

How we work.


1  Terms of Business & Fees  Once you have requested to use our services, we will send you our terms of business along with our fee schedule, this can of course be tailored to suit your requirements which we will have discussed prior to getting started

2Case Submission
We will then send you a case submission sheet (or email if easier) for you to complete. This will provide us with a summary of the case and what service you require, i.e. pension switch or simply product research


3Agreed Fees
Once we have reviewed the case we will give you a quick call/email confirming our fees for that particular case. Please remember that we will never start a case without agreeing your fees first, we believe in an honest and upfront policy so there are no surprises down the line

4 Case upload and Review
We will then ask you to upload your case documents to our secure portal/or whatever suits your requirements. We will also review the case and ensure we have all we need to complete the report



5Analysis & Report
We will start working on the report as soon as we have all the required information.  We will provide the report back to you within 5 working days of receiving all complete paperwork.  This could be sooner or later if this is at a busy time in the year, however, we will inform you before we commence any work

6Submit Report
Once complete we will send the report back for you to review


7 Amendments
If there are amendments to make we will send these back to you within 24-48 hours