Outsource Paraplanning Teams with Emapta

If you want your Financial Planners to focus on higher-value advisory services and client-facing tasks, then getting paraplanners rather than hiring additional advisers is a cost-effective choice. However, a high-quality paraplanning team can be difficult and expensive to build locally—it’s a relatively new career path and requires specific skill sets in technical research and financial analysis.  Engaging a highly qualified outsourced paraplanner—instead of hiring in-house—is a smart option for budget-conscious organisations to minimise cost while looking to increase revenue and profitability.

Business processing outsourcing (BPO) companies such as Emapta with access to a wide-ranging talent pool of proficient financial paraplanners in the Philippines can help you set up easy-to scale contract paraplanning teams that can speed up your financial planning processes, free valuable time for your local team, and save you up to 72% in outsourced paraplanning fees.

Learn More: Top Talent, Total Care: How We Hire and Keep the Best Paraplanning Talent to Help Teams Like Yours Scale!

 

 

Our clients’ dedicated paraplanners can also work either remotely or in one of our 16 office locations complete with HR, admin, and 24/7 IT support. Wherever they report from, we ensure that their connection and tools are protected with our enterprise-grade data security protocols.

We also help your paraplanners cope with the fast-paced working environment by fostering an engaging work culture that offers technical training programs, CPD-granting certification courses, as well as health and wellness activities. These initiatives help drive down employee attrition, resulting in the successful integration of our clients’ offshore team into their onshore operations.  

 

Looking for a specific finance and accounting solution? Talk to our Accounting Subject Matter Expert with a broad experience in helping clients build finance and accounting teams across different team setups and locations.

 

You can offload administrative and other non-client-facing tasks from your financial planners and advisers to your offshore paraplanners. Here are some paraplanning jobs that our clients have successfully executed offshore: 

Financial, market, or technical research 

Data entry and management 

Scheduling for financial planners 

Technical and financial report writing and preparation 

Monthly/Quarterly/Annual review preparation 

Financial report/statement analysis 

Client record updating and maintenance 

 

We can also help train your existing offshore team members or source paraplanners with the following institutional and vendor-related accreditation: 

RFP® Registered Financial Planner  

Financial Paraplanner Qualified Professional (FPQP) 

Certificate in Paraplanning from the Chartered Institute of Insurers 

Certificate in Paraplanning from the Institute of Financial Planning 

Registered Paraplanner (RP) qualification from the Financial Industry Regulatory Authority (FINRA)  

Certificate in Paraplanning & Financial Administration from The London Institute Of Banking & Finance 

RG146-Licensed Paraplanner 

 

Paraplanning team sample setup for small businesses

Administration Assistant  

Junior Paraplanner  

Paraplanner  

Senior Paraplanner  

Financial Adviser  

Senior Financial Adviser  

 

Paraplanners can give you a better advantage over hiring administrative assistants because on top of researching and gathering data, they can also provide analysis and insights that are useful for your financial planners. This means that your offshore paraplanning team will work closely with your financial planners. The advantage of hiring paraplanners with Emapta is that we give you full control over your team and we facilitate the implementation your culture, processes, and platforms in your offshore operations, making integration with your onshore team seamless.  

If you’re interested in offshoring paraplanning teams but would like to hear it straight from a peer who has done it, contact us and we can get you a referral from one of our existing partners.

Not ready to build a team yet? No worries! We’ve also helped firms who planned to start with hiring 1-2 staff offshore and browse our individual roles.