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How long do planners/paraplanners take to complete an SoA?

Discussion in 'Financial Planning' started by plan, 6th Feb, 2011.

  1. plan

    plan Active Member

    Joined:
    4th Nov, 2009
    Posts:
    34
    Location:
    nsw
    Hi

    Just wondering how long it takes to complete a full SoA? For example advice on Super and Insurance? And what system do you use? How do you rate the system you use?
     
  2. jomacca

    jomacca New Member

    Joined:
    17th Jun, 2011
    Posts:
    2
    Location:
    Forbes NSW
    it depends on how complex the advice is.

    plans take me anywhere from between 2hrs and 3 days to complete.
     
  3. AsxBroker

    AsxBroker Well-Known Member

    Joined:
    8th Sep, 2007
    Posts:
    1,448
    Location:
    Sydney, NSW
    Like Jomacca said it really depends on the complexity of the advice.
    Anywhere between 15 mins to 2 hours, obviously if you have to do research it adds to the amount of time.
     
  4. DylanM

    DylanM Member

    Joined:
    30th Jul, 2011
    Posts:
    5
    Location:
    Wollongong, NSW
    Spot on. Depends on complexity. Really is case by case. Depends on the efficiency of your software also.
     
  5. Blueskies

    Blueskies Member

    Joined:
    23rd Jul, 2011
    Posts:
    11
    Location:
    NSW
    Hi Plan
    The real time should go in to the research and formulating the strategy, once that part is complete most reasonable para planners should put the plan together within a day at most.
    Cheers