Services

Hire the role you need, for the days you need it

Paraplanning, practice administration, data migration or Centrelink liaison. Take one or take all four, from two fixed days a week. Most practices start with whichever queue is keeping them up, then add days as the work justifies it.

The important bit

What we do, and what stays with you

PLTCo is a support provider. We do not provide financial product advice or credit assistance unless formally authorised to do so, and we are not authorised to do so under a client's licence by default.

PLTCo assists with

Preparation and administration, on instruction.

  • Preparing Statements of Advice (SOAs) and Records of Advice (ROAs) from adviser-approved instructions
  • Data entry and validation
  • Scenario modelling to adviser-specified parameters
  • Factual research
  • CRM administration
  • Provider follow-up
  • Review preparation
  • Administrative liaison under documented authority

Your adviser and licensee retain

Every judgement that makes advice, advice.

  • Setting the advice scope
  • Selecting strategies
  • Selecting or recommending products
  • Deciding whether advice is appropriate for the client
  • Approving implementation
  • Issuing the final advice
  • Review, approval, supervision and compliance responsibility
  • Satisfying the best interests duty and related obligations
Two boundaries worth stating plainly
  • Best interests duty is yours. Nothing we prepare discharges it. Our work is an input to your process, and the judgement that the advice is in the client's best interests is the adviser's alone.
  • We don't provide tax advice. PLTCo is not a registered tax agent or tax (financial) adviser. Anything touching tax outcomes is factual research or modelling to your parameters: the tax position is yours or your client's accountant's.

On "pre-vet": where we describe checking a document, we mean checking it against your practice or licensee checklist before it returns to you. That is a completeness and consistency check. It is not legal approval, compliance approval, or approval of the advice itself — those remain with your adviser and licensee.

Your licensee will want this in writing. We'll put it in the service schedule.Request the documentation →
For your back office

Practice administration

Administration is the one expense that scales in perfect proportion to success. Every new client adds forms, follow-ups, file notes and a review cycle that recurs forever.

Our administrators are degree-qualified and trained on Australian advice workflow before they touch a client file: super and pension basics, insurance terminology, platform mechanics, Privacy Act handling, file-note discipline.

A general VA costs less per hour and more per week — every unfamiliar task comes back to you as a question.
Add administration support
Typically covered
  • Fact finds and pre-meeting packs
  • Onboarding and platform application lodgement
  • CRM data entry, file notes, document management
  • Platform and insurer follow-up until resolution
  • Annual review scheduling and preparation
  • Ongoing fee arrangement renewals and written fee consents
  • Fee-deduction authorities and consent expiry controls
  • Evidence of services delivered, and non-ongoing advice-fee consents where applicable
  • Reconciliation and exception reporting
  • Portfolio reconciliations and cash matching
  • Workflow triage inside your system
  • Target market determination checks against product DDO requirements
  • Supporting professional year candidates with file preparation
  • Insurance claims paperwork and follow-up
Hours: AEST/AEDT. Your team is online when your team is online — full-time, or fixed days each week.
Typically covered
  • Statements of Advice — full strategy documents
  • Records of Advice and review documents
  • Super consolidation and contribution strategies
  • Retirement and transition-to-retirement modelling
  • Insurance needs analysis and replacement comparisons
  • Aged care and estate planning strategy papers
  • Product research against your APL
  • Preparation for your licensee's pre-vet or post-vet review process
Standard: your templates, your licensee's framework, your file standard. Scope, strategy, product selection and the decision that advice is appropriate remain with your adviser.
For your advice pipeline

Paraplanning

A client who says yes on Tuesday and gets an SOA six weeks later has had six weeks to reconsider. Speed isn't a nice-to-have in advice. It's conversion.

Documents are drafted from adviser-approved instructions. The first-draft target is 3 to 5 business days from a complete brief at standard complexity, checked against your practice or licensee checklist before it returns to you. That check is for completeness and consistency — it is not legal approval, compliance approval or approval of the advice, which remain with your adviser and licensee.

Work that doesn't meet the standard agreed in your service schedule is corrected at our cost. Adviser review time is not counted in the target, and complex matters are re-quoted at intake.

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Turnaround

What we mean by 3 to 5 days

Turnaround claims are easy to make and hard to pin down, so here's exactly what ours means. It's the same wording that goes in your service schedule.

The target
  • What's being measuredFirst draft back to you
  • When the clock startsWhen we have a complete brief
  • Which days countBusiness days, AEST/AEDT
  • Your review timeDoesn't count against it
  • Who issues the final adviceYou do, once approved
  • Genuinely complex mattersWe re-quote at intake
By complete brief we mean agreed scope, your instructions, current client data and any research direction. If something's missing we'll ask, and the clock starts once we have it.
What sits behind it

Speed without control is just faster rework, so the target sits on top of a documented process rather than replacing one.

  • Documented workflow mapped to your practice
  • Work performed on adviser-approved instructions
  • Human review before a document returns to you
  • Exceptions escalated, not guessed at
  • File traceability from instruction to draft
  • Quality control against your practice checklist
Scope note: targets and exclusions are agreed per engagement and recorded in the service schedule. Complexity, data quality and response times affect them.
Tell us your complexity mix and we'll tell you what target is realistic.Get a straight answer →
For acquisitions and transitions

Data and migration

Every practice that has bought a book, changed licensee or switched software is carrying data it doesn't fully trust, and paying for it in rework.

We read the source documents (member statements, application forms, PDSs, file notes) and rebuild the record field by field. Every value traces back to the page it came from, so it can be checked rather than trusted. Anything carrying consequence gets verified by a person: binding nominations, ownership structures, sums insured, contribution history. What can't be resolved goes on an exception list rather than being guessed at.

97% accurate sounds excellent until you remember 3% of a 2,000-client book is sixty families with something wrong on file.

You get the migration plus an error report listing every unresolved field, so your team works a known list instead of finding problems one review at a time.

Scope a migration
Typically covered
  • Legacy CRM into Xplan, AdviserLogic or Worksorted
  • Book acquisitions and licensee transitions
  • Document digitisation from statements, forms and PDSs
  • Field-by-field verification of high-consequence data
  • Source traceability, so any value can be checked back to its document
  • Paper and PDF file digitisation
  • De-duplication, normalisation, field mapping
  • Data integrity audit and exception reporting
  • Ongoing data hygiene as a retained service
Verification: risk-weighted — high-consequence fields are reviewed by a person rather than sampled.
Operating models

How this compares to hiring

A comparison of how each model works, not a claim about which performs better. Outcomes vary considerably by provider, by practice and by how the arrangement is managed.

Comparison of three capacity models across six operating characteristics
CharacteristicManaged support team (PLTCo)Direct employmentIndependent contractor
Ramp-upPeople already employed and trained, so start time depends on scope rather than recruitmentRecruitment, notice periods and inductionCan start quickly; availability varies
Who reviews outputOur review before return; your adviser approvesYour internal supervisionDepends on the arrangement you set
Cost structureService fee scoped to volume and turnaroundSalary, superannuation, leave, on-costs, recruitmentHourly or per-document, variable
ContinuityCover arranged from within the teamYou manage leave and turnoverDepends on the individual's availability
Scope breadthPreparation, admin, data and liaison functionsAs broad as you hire forUsually specialised
Advice responsibilityAdviser and licenseeAdviser and licenseeAdviser and licensee

That last row never changes under any model. PLTCo prepares work on instruction; your adviser sets the scope, forms the recommendation, decides whether the advice is appropriate and issues it. Review, approval, supervision and compliance responsibility remain with the adviser and licensee.

Already costed an employed paraplanner? Bring that number and we'll compare like for like.Compare it properly →
Pricing

On pricing

An hourly rate is the wrong unit for this. The benchmark worth using is the fully loaded cost of the alternative you're weighing — for employment that means salary, superannuation, leave, on-costs, recruitment and supervision time; for a contractor, the effective per-document cost including rework.

So we scope against volume and turnaround: how many documents a month, what checking you want before work returns, how much surrounding administration moves. If two days a week is what the work justifies, that's what we'll quote — we'd rather have a right-sized engagement that lasts than a full week you resent. Three months of real numbers gets you a real figure. All fees quoted in AUD, excluding GST.

Get a scoped figure
Engagement options

Ways to engage us

The industry default is a dedicated five-day person. That's right for some practices and wasteful for others, so we don't insist on it.

Full-time

Five days a week, dedicated, working Australian hours alongside your team.

SuitsSteady volume with enough surrounding admin to fill a week.

Most flexible

Part-time — 2, 3 or 4 days

Same named person, same training, same Australian lead. Fixed days each week so you can plan around them.

SuitsSmaller practices, seasonal peaks, or testing before committing to a week.

Per document

Paraplanning priced per advice document, no ongoing commitment.

SuitsLumpy volume, overflow quarters, covering leave.

Project

Defined work with a start and an end — a migration, an acquisition, a consent catch-up.

SuitsBacklogs you don't want to carry into next quarter.

Adding or dropping a day takes 30 days' notice, not a renegotiation.Scope your days →
Conditional obligations

AML/CTF depends on the service and the task

Anti-money laundering and counter-terrorism financing obligations are not identical across advice practices. What applies depends on the client, whether a designated service is being provided, and which tasks are outsourced.

Where PLTCo supports a reporting entity, our involvement can include personnel training appropriate to the tasks performed, customer due-diligence support and document collection, record keeping in line with your programme, escalation of exceptions rather than resolution of them, and confidentiality including tipping-off restrictions.

The reporting entity retains responsibility for its AML/CTF programme, risk assessment and reporting obligations. Our personnel do not access suspicious-matter reports or restricted AML investigation information unless specifically authorised and legally permitted.

Start small and see how it goes

Start with a free pilot week on one real file. No minimum term after that, and 30 days' notice: the commitment to find out is deliberately small.