Wealth Axis understands that your time is best spent on building new and existing client relationships. That is why we offer you a solution to outsource your back office to us. Ask yourself, how many more clients could you meet with and service? What would that do for your turnover?
Outsourcing enables you to create a systematic and repeatable process making your business scalable and technologically ahead of the game, allowing you to compete with the big banks and dealer groups. Gain control over your expenditure, whilst ensuring your work meets the utmost of regulatory requirements.
Almost any job can be outsourced. Above are just a few of the reasons why you should outsource this list is by no means exhaustive.
Reduce cyclical risk, technological risk, and obsolescence
Many industries are sensitive to business cycles. The financial planning industry is no exception. Salaried planners are a fixed cost for your business. Outsourcing this cost gives you more control over expendicture in an industry where client workload fluctuates. Small business needs to remain technologically ahead of the game. Keeping up to date with the latest software can be costly. By using Wealth Axis you reduce the risk of becoming technologically obsolent and transfer that risk to us.
Spend more of your time focusing on important aspects of your business rather than compliance
Are preparing SoA’s a good use of your organisation’s time? Ask yourself how much is your time worth? How many more clients would you be able to meet and service if you had outsourced your SoA’s? Outsourcing to Wealth Axis gives you the peace of mind that day-to-day jobs are being done well and adhere to our industry’s ever-changing compliance. All of our documents are produced with this in mind so you can focus on advising clients and building your business.
Compete with the big banks and dealer groups
At Wealth Axis we can assist you with setting up datafeeds to ensure all your reporting is up to date and reduce the number of sites you need to browse. We can also manage these on an ongoing basis to ensure the data is maintained in an accurate manner, enabling your team to focus on client service.
Increase productivity and use the latest best-practice methods
By outsourcing to Wealth Axis, you raise productivity by utilising highly trained staff who specialise in the service required. Here at Wealth Axis we invest a lot of time and money into our training, information systems, and the development of best practice policies and procedures.
Gain scale, expertise and innovation
Gain access to specialists. At Wealth Axis, our staff are trained specifically to manage simple through to complex clients to ensure you receive professional SoA’s every time. Wealth Axis invests heavily in resources and skill enhancement. All staff particiapte in ongoing professional development to ensure they stay abreast of industry trends. At Wealth Axis we not only employ based on skill but also on innovation. Our staff are problem solvers and results focused. Start seeing the benefits of using our services today.
Save money and resources while increasing your profits
Employing and recruiting an experienced para-planner or office assistant is costly and time-consuming.As well as wages, there are indirect costs like expensive software, hardware, workstations, bonuses, annual and sick leave, superannuation, insurance, and training. By outsourcing to Wealth Axis, you save money by paying only for the time you require.