You have saying similar thing for 6-9 months, to discredit IAM.
Here is my 20c piece:
Paraplanners (pps)
1.Do Not give advice, as you surely know.
They do back-office stuff, in the back office.
(Similar to bank forex settlement office)
2. IAM pps,
(from FAQ)
a)
All staff have completed or are currently studying towards the RG146 Diploma Financial Planning, through Kaplan,
the leading Australian Financial Services education provider"
b)
All staff are degree qualified, at Internationally accredited Universities, majoring mainly in Accounting or Finance
c)
Q.How can you offer the service in shorter time frames than other Paraplanning offerings?
A. Our business promise is speed without compromising on quality. In order to deliver on this promise we align our staffing requirements to the fluctuating demands of our clients requests. We are able to achieve this due to the highly skilled, experienced and resourced team that we have grown and developed over time. As a consequence our SOA requests are responded to quicker and turned around faster.
d)
Q.
How can you provide the service at far more economical rates than competitors?
A.
Due to the combination of investing in and developing efficient workflow systems and employing a mix of onshore and offshore staffing resources, this coupled with lower overheads enable us to offer a first class service at economy rates. Our aim is to increase the efficiency and reduce the costs of an Australian Financial Advice firm.
(20min delay)