Working as an independent financial advisor entails processing a lot of information and keeping track of details – both tasks that could be made easier with the support of a virtual assistant.

Often working across a number of specialisms, independent financial advisors need to stay on top of policy, predictions and products.

While also working out what is the best option for the clients through the data provided it is easy to become swamped by administration tasks that are necessary to get the job done properly.

And, of course, when it comes to money accuracy is everything – after all people are planning for their future based on your suggestions.

Rather than battling to complete time-sensitive tasks at the expense of pursing new business a virtual assistant could help.

How a personal assistant can help an independent financial advisor

Conducting research – many virtual assistants will have a background in a financial industry and are trained on specific software. Research can be an open-ended task and a dedicated virtual assistant can help to meet deadlines.

Compiling reports –virtual assistants excel at organisational administrative tasks with the expertise and software know-how to quickly compile comprehensive reports for the clients of independent financial advisors.

Data entry – there is no getting away from the need for accurate and efficient data entry. From tracking financial data to building a picture of a client’s wealth, data entry provides vital information to allow an independent financial advisor to complete their job properly.

Diary management –in a client-led industry keeping appointments and meeting deadlines is integral to protecting your reputation and securing new business. A virtual assistant can help to remotely manage the diary of a busy independent financial advisor.

On-boarding clients – once again having the correct details is invaluable. As soon as a client, or potential client, is put in touch with an independent financial advisor, making a record of their contact details and financial needs is essential.  

Proof-reading –getting it right the first time is an important part of maintaining client trust. Poor spellings, or even worse, inaccurate figures will dent a client’s confidence quickly. Virtual assistants can proofread documents ahead of them being released.

Help to process products – where multiple forms are needed to process a financial product a virtual assistant can help to cut down on the amount of paperwork by supporting the processing of basic products.

Checking policy documents – in a fast-moving industry that is heavily regulated staying up to date with new policies is important. A virtual assistant can help to monitor policies – and to update and check company policy when needed.

Issuing quotes/ information – when clients approach anindependent financial advisor for advice swiftly acknowledging their interest with a timely, accurate and well-presented quote or information pack offers reassurance. A virtual assistant can take care of this, helping to protect new business.

Need support from a virtual assistant?

New Dawn PA has experience of working in the financial sector and is qualified in industry-specific software. With insurances already in place and an established workplace, New Dawn PA can offer virtual admin support to independent financial advisors across Staffordshire and Cheshire on a short term, long term or ad hoc basis. 

To find out how New Dawn PA can help your company please get in touch.