Welcome to BSG! We are a leading provider of paraplanning outsourcing services, offering comprehensive solutions to Financial Planning Firms across Australia. With our expert team of paraplanners, we aim to streamline your operations, enhance your efficiency, and empower you to focus on what matters most—serving your clients and growing your business.
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Partner with us
By choosing our Paraplanning services, you can unlock new levels of productivity, enhance client service, and achieve greater business success. Our team is passionate about supporting financial advisors and planning firms, and we are dedicated to becoming a trusted partner in your journey. Let us handle the paraplanning tasks, while you focus on building meaningful client relationships and growing your business.
What we offer
Pre-SOA tasks
- Sending TPA forms
- Calling providers to obtain information
- Entering data in CRM – Xplan, AL, AI etc
- Initial research using Risk researcher, Wealthsolver etc – prepare reports and strategy papers.
- Filling up the fact find and sending to clients via email or Docusign
- Obtaining information from the client via emails and following up with them
SOA process
Initial review checklist
Start the plan by filling up the checklist which makes sure we have all the necessary information and documents needed to work on the SOA/ROA. This includes data entry in the software if not already entered.
Research and Analysis
Super/Insurance/Investment etc - Conduct research on investment products, insurance policies, and other financial solutions that align with the client's objectives. Our team is well-versed with Wealthsolver, Risk researcher tools to help you out in the research process.
Projections
Prepare financial models and projections to assess the impact of various investment strategies on the client's financial goals.
SOA preparation & editing
Prepare a detailed Statement of Advice (SOA) document that outlines personalized recommendations for the client, including investment strategies, insurance coverage, retirement planning, tax considerations, and estate planning
Final review
Once the plan is completed, it is reviewed by one of the seniors to ensure compliance with regulatory requirements and industry standards. Verify that the proposed recommendations are suitable for the client's circumstances and comply with applicable laws and regulations.
Post-SOA Tasks
- Prepare implementation forms – Applications, Rollovers, beneficiaries, etc.
- Prepare FDS, Opt-in forms
- Prepare Review Reports
- Complete Audit Checklists
- Insurance cancellation letters
FAQ's
BSG offers a comprehensive range of paraplanning services, including:
- Cash flow modeling and retirement planning
- Risk analysis and insurance recommendations
- Estate planning and tax strategies
- Investment research and portfolio construction
- Client communication materials and presentations
Simply contact us by phone or email to schedule a consultation. We will discuss your needs and tailor a solution to fit your practice.