Services and Fees

Why Outsource Your Administration?

Outsourcing the administrative tasks within the financial advice process offers a number of benefits:

You’ll free up time to spend on revenue generating activities
We’re already experienced in the industry so you’ll see the benefits from day one
You only pay for the time you need rather than paying a permanent salary
You don’t need to advertise jobs, spend time going through CV’s and doing interviews
No recruitment company fees to pay
No employee costs like NI, sick pay, maternity pay, redundancy or pension
For smaller companies, there’s no need to pay for office space to accommodate an employee
No cost outlay for computer equipment and office stationery

Services and Fees

Here are examples of some services we offer. Whilst this list is by no means exhaustive, it will hopefully demonstrate how we might be able to assist you

General Admin Support

Creating standard documents
Setting up online access for provider websites
Proofreading
Scanning
Agency administration

Product provider due diligence data gathering assistance
Database cleansing
Event organising support

Project Management

Client Specific Admin Support

Preparing information for client reviews
Prepopulating application forms (if PDF application form allows)
Data gathering including valuations and plan information
Updating back office systems
Adding client/model portfolios to FE Analytics (via Advisers own account) and pulling off reports
Drafting and submitting LOA’s to product providers
Submitting online applications
Obtaining illustrations and support information
Chasing providers for updates on data requests or new business applications
Setting up online transactions for adviser to approve and submit
Maintain client files via electronic filing

Pricing

How We Charge

We offer clients two service and charging options:

Pay As You Go Service

You’ll be invoiced for the time you use. We’ll invoice on 14th and the last working day of each month. This helps you keep a close eye on what you’re spending with us.

£32.50 per hour

Retainer Service

You’ll pay upfront for a guaranteed and agreed number of hours. This is at a rate that’s less than what you’d pay on a Pay as you go service. Additional hours over the fixed hours agreed are invoiced on the last working day of each month along with the fixed hours for the following month.

£29.50 per hour

To ensure accuracy in charging, we use a time tracking system that allows us to bill per minute, so charging is always accurate. We charge on an hourly basis.

We are currently not VAT registered so our charges are not subject to VAT.

Please contact us for more information.