Paraplanner

A financial services professional who supports a financial adviser by researching strategies, modelling outcomes, and preparing advice documents such as Statements of Advice.

Paraplanners typically handle the analytical and document-production stages of the advice process: fact-find review, strategy modelling, product research, compliance checks, and SoA/RoA drafting. They may be employed in-house by a licensee or work as external contractors servicing multiple advice practices. AdviceDocs is designed to remove the manual document-drafting workload from paraplanners while keeping their research and strategy work intact.