Who do you think will ultimately win over major practices? The expensive Australian-based paraplanner providers promising high quality for high hourly fees, or the cheap Philippines-based alternative promising the same high quality to Australian standards contractually guaranteeing to save you 40% or more?
Here are some outsourcers who provide Australian-based paraplanners (as far as i can tell). IAM resolves to deliver essentially the same (and more) benefits and cost savings but to higher degrees.
http://www.planaway.com.au/page3.htm
http://platinumparaplanning.com.au/the-paraplanning-process/fees-costs/
http://eloquentparaplanning.com/who-we-are/
https://advicewrite.com.au/ourservices/paraplanningservices/ (check out the graph, promises a lot of savings but i have my doubts since the are based on Gold Coast)
http://contractpps.com.au/fees-turnaround-times/ (this one guarantees 7 day turnaround, but don't openly disclose fees)
Now so who remembers IAM's cost per soa? Amazing comparison and no doubt in my mind that money talks and that IAM will become the outsource paraplanners of choice for leading financial planning practices in time.
And there are heaps more Aussie based outsource paraplanners out there if you just google it. So, it looks like IAM has a lot of indirect competitors out there, but no real competition that provides high quality and truly low costs line IAM. No competitors worth overseas capabilities to accredited Australian standards at overseas wages, a significant compressive edge. No competitors with a Lily of Klip fintech style offering either.
This is all typed on my phone so apologies if it doesn't flow well, but i hope i made my point.
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