Transforming and Simplifying the Advice Process
We have perfected the art of creating SoAs by delivering more than 10,000 documents to 150+ advisers over the span of a decade. Our strong track record has been backed by a thought partner approach, where we work with advisers to ensure optimal results for their clients.
Planlogic’s SoAs are comprehensive, detailing recommended strategies and investment products and portfolios that allow clients to reach their financial goals. We thoroughly review the data from the adviser to prepare SoAs that are comprehensive, compliant and easily understood by clients.
From revisiting risk attitudes, to assessing changes in current position and making necessary adjustments, ongoing reviews are vital for advisers that want their clients to achieve their financial goals.
Additionally, an influx of new regulation for ongoing services has meant that advisers need to act in their clients’ best interests, while also thoroughly understanding how to navigate this complex landscape.
Planlogic understands these issues and has assisted over 2,500 reviews by taking a tech-enabled approach to deliver better client engagement and regulatory compliance. Our team can help you prepare for your review meetings by compiling documents such as fund manager reports, review presentation documents and any other practice-specific documents.
A standalone offering or complement to our paraplanning service, Planlogic’s implementation solution prepares all necessary documents to successfully implement product recommendations made in SoAs and RoAs.
Paraplanners responsible for the SoA/RoA work collaboratively with our ongoing services team to complete product application forms in line with adviser recommendations – the advice practice is only required to perform a few final checks.
The team also coordinates with third parties such as insurance companies, superannuation & pension providers and investment companies to make sure that all recommendations are implemented.
Our strategy consulting offerings allows advisers to save time spent on preparing client files prior to the completion of an SoA by paraplanners. From analyzing client information, to research on Wealthsolver and computing financial projections – the duplication of work by paraplanners and advisers is significant.
Our strategy consulting offering is a seamless solution which incorporates the research and analysis required to submit a plan request, leading to efficiencies and consistency in output. By owning these tasks, Planlogic saves advisers up to 4 to 8 hours of their paraplanning preparation time (per client advised), allowing advisers to generate more value in their client-facing role.
Our deep domain expertise means that we know exactly how advisers should engage with their audience to tell a better story. Our position allows us to create strong content specifically tailored for the financial planning space, and we work collaboratively with advisers to ensure that our marketing efforts are strongly aligned with their overall goals and objectives.