Paraplanning insight: Richard Allum's steps to successful outsourcing

Five-steps to outsourcing happiness

clock • 2 min read

In the first of a series of columns for PA, Richard Allum lists his five essential building blocks for a successful outsourcing relationship and says over-communication is rarely a bad thing...

Late last year we published a series of guides to help financial advice businesses decide if outsourcing is right for them, pick the right partner and make the outsourcing relationship work. This applies to any outsourcing relationship, not just paraplanning. There are five steps we take to ensure our relationships get off to the best possible start and then continue to work for both our clients and us. 1.   Baseline their business processes and ways of working Before you work with a new partner, make sure you understand how your business works. If you don't already have a clear m...

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