Five advisers. Two paraplanners. And the third revision of an SOA because the adviser changed the modelling assumptions on Wednesday and didn't tell anyone until Friday.
"I've had a careful look at the modelling, and I think the assumption on the indexation rate is a touch optimistic. I'd want to take that down to 2.5% before we present, otherwise the strategy looks more comfortable than it really is."
The role he fills: SOA boilerplate and strategy-summary drafting, XPlan report assembly, modelling cross-check, FDS and product-fee reconciliation.
Connected systems: XPlan (Iress), Midwinter AdviceOS, Class Super, BGL Simple Fund 360, Netwealth, HUB24, BT Panorama, Word, Excel.
He drafts the boilerplate SOA sections and assembles the XPlan output. The recommendation paragraphs stay with the adviser. No client TFN leaves the office.
Paraplanning support for your self-licensed practice. Drafts the SOA boilerplate and assembles the XPlan output. No client data goes near a US-hosted server.
