Note: This blog is third in our series on paraplanners. If you haven’t already read our first two, be sure to check them out! What’s your time worth to you? In 2019, the truth is that most of us are time poor. This is especially true if you’re running your own business in addition to
Most of us are aware of the word “paralegal,” meaning someone trained to assist lawyers in their legal work. But the word “paraplanner” is a little less well known—and if you’re here, you’re probably wondering just what is a paraplanner, anyway? The profession is a relatively new one, having originated within the last two decades—though
When it comes to financial planning conferences, there is no shortage of options to choose from. In fact, from events run by membership associations like NAPFA, FPA, and XY Planning Network, to those hosted by vendors, media publications and the like, it’s become quite difficult to figure out which ones are worth the time and
These days, we’re accustomed to accessing anything we want exactly when we want it. And while that’s certainly a benefit if you’re looking to catch an Uber in an unfamiliar city or hunt for a last minute gift using Amazon Prime, the downside of the hyper-digital age that we live in is a growing concern
Carving out a career as a successful virtual paraplanner isn’t just about financial knowledge and a passion for the industry, you also have to make sure to connect with your industry peers. In other words, you need to network. Despite how intimidating the idea of going up to people that you’ve never met and starting
With a business model that specializes in matching virtual paraplanners with hiring firms, it should come as no surprise that one of the most common questions we receive is: “How can I become a Virtual Paraplanner?” Unbeknownst to most people, there isn’t a structured career path to becoming a paraplanner. In fact, landing an entry-level
When running a small business, it can seem like your to-do list is never ending. To make matters worse, over time it can begin to feel like your peers have it all figured out while you continue to fall more and more behind. But the truth is, they don’t! In fact, chances are they don’t
If you’ve been a solo practitioner for a while, chances are you’ve at least considered what hiring a paraplanner or associate advisor would look like for your business. As the next logical step in scaling your firm, you likely view this in one of two ways: an exciting milestone — or downright terrifying. If the
Disclaimer: We are not lawyers nor accountants. The following information is the result of our own experience and research. Before acting on any of the information below, we encourage you to contact your Secretary of State or county clerk for advice on the appropriate entity for your business needs, as well as an accountant for
As a busy financial advisor, you’ll eventually hit a point where you need to outsource certain aspects of your business in order to scale up. If that’s a challenging thought, it’s probably due to the fact that your business has thrived as a result of pure determination and your ability to wear multiple hats. The
