The Paraplanning Journey
How it Works
Onboarding
- When you first contact JPM Paraplanning we will arrange a time to go through an onboarding process to determine the level of service you require. This will generally be an hour and is complimentary at no charge
- You can either book below or call us to arrange a time
- During the onboarding process we may ask for samples of your SOA's and other client correspondence to ensure that your first request with us is consistent with your current output
- We will ask for your AFSL, ABN and ASIC Adviser Register Number
- We will arrange with you for access to your CRM and Modelling tools (e.g. XPlan, Adviser Logic and PlutoSoft)
- We may ask you to register to our site as a member this will allow you to manage your service bookings and give you direct access to our form's library
Completing your paraplanning request
- You will complete our paraplanning request form for submission
Booking your brief
- Book in a time to discuss/go over your request
- Note - An upfront fee will apply and charged separately for this time. However, we will reduce quote invoice accordingly. I.e. if quote calculates to $500 and booking fee of $30 charged your invoice will be reduced to $470
Use our quoting tool
- You can then use our quote tool to get an estimate of the service price based on number of strategies included in your paraplanning request
Lodging your paraplanning request
This is as simple as sending through via email your completed paraplanning request and the following:
- Completed fact find of the client(s)
- Insurance Needs Analysis - as determined by advice
- Any strategy papers and file notes related to the advice
- BID/safe harbour working papers and statements
- Current investment statements - as determined by advice
- Current superannuation statements - as determined by advice
- Current insurance statement / certificate of currency - as determined by advice
- Product research - including like for like comparisons of existing and alternatives (this step can be outsourced if adviser platform access logins are provided)
- Any other related working papers
We review your request
- Within 24 hours your request will be reviewed by us
We will contact you with any questions or concerns
- We will contact you by your preferred method to discuss any questions we may have about your request
We will complete and return document along with invoice.
- Basic and Standard SOA's and ROA's will have a 5 business day turn around
- Complex advice including Trust and SMSF advice will be on a 7 business day turn around
- Administration and modelling will be on a case by case basis, but generally no more that 2 business days
On receipt you will review document
- Upon review you will determine if no changes or change of document is required
If no change is required
- Work is finalised and invoice paid by adviser
If change is required
- Any changes to document will be turned around in 24-48 hours depending on work required. If major changes needed return time will discussed. All work covered by initial quote and invoice
- If change is due to a change in strategy by the adviser this will be considered as a rework request and charged out as new work with additional fee on top of initial invoice