Independent broker-dealer Prospera Financial Services recently announced it launched a new comprehensive financial planning service to help affiliated advisors best utilize Prospera paraplanner support to meet client needs.
“Planning Your Way” provides four service models that include different levels of support from paraplanners on the Prospera team. Advisors can choose to apply a simple data-gathering discovery session led by a paraplanner, plan creation, presentations or a comprehensive relationship between the advisors and paraplanner in support of the end client.
“The proliferation of financial planning software has enhanced the ability of advisors to develop robust, personalized plans for their clients,” said Tarah Williams, President and COO of Prospera Financial. “However, this process can be extremely labor intensive and often requires an advisor to allocate a significant amount of time to this process. We developed this program to help our advisors consider the best options for their clients while also providing a way to elevate the resource burden on their practice.”
Free Comprehensive Tech Consultation
The new program includes a free financial planning software consultation for advisors considering a change in their software. Prospera will work with advisors to identify and implement the most suitable software platform for their business through needs assessments, specific software recommendations and implementation support.
If an advisor transitions to new software, the program offers a range of additional support, including conversion assistance, data input and rationalization, output delivery and review.
