Access Financial Services, one the UK’s leading mortgage and protection firms, has announced the launch of a paraplanning service to support its advisers in a move which the company says will be providing exceptional outcomes for clients.
The paraplanning service will offer advisers expert aid in researching, analysing, and creating the best financial offers for their clients. As a result, advisers can concentrate on delivering top-quality financial guidance while the paraplanning team handles the administrative and analytical tasks to underpin the advice.
CEO of Access Financial Services, Karl Wilkinson commented: “We regularly ask our advisers to identify the main challenges hindering their ability to write more business, and then explore ways to provide support.
“We noted that at times senior advisers were overburdened and required additional assistance, while some less experience advisers needed guidance to kick-start their journey in the industry.
“To address these concerns, we have introduced a paraplanning service, which also offers specialised support for complex cases, which can prove to be challenging for some advisers.
“It will enable our advisers to deliver more effective financial advice to clients, while freeing up their time to focus on what they do best – providing expert guidance and support to help clients achieve their financial goals.”
The paraplanning service will be delivered by a dedicated team of highly trained professionals, who will work closely with advisers to ensure that all client needs are met.
The service comes as an enhancement to the administration services that Access FS introduced in October 2022. The service continues to free up to 70% of an adviser’s time with some trebling the amount of mortgage and protection business they write as a result.
Mike Tebbutt, a mortgage adviser at Access FS commented: “In the time since I was invited to take part in the trial phase of the new paraplanning service, my business has seen a significant increase in efficiency and productivity.
“I am now able to provide clients with more comprehensive and tailored mortgage advice, which has resulted in a higher conversion rate and increased customer satisfaction.
“The fact that I can now tackle more complex cases, knowing I have support on hand, has helped me remain competitive in the market and grow my business.”
The introduction of this new service is part of Access Financial Services’ ongoing commitment to providing clients with the best possible financial advice and support.
Earlier this year, Access FS revealed that it had reached 200 advisers following an unprecedented year of growth. Founder of the six-year-old firm, Karl Wilkinson, has also set a target to hire and
train another 100 aspiring entrepreneurs in 2023.
For more information on Access Financial Services and the new paraplanning service, please visit: https://www.accessfs.co.uk/
