Do you have the resources and time that you need to stay on top of all the admin related to your role as a financial advisor? If the answer is ‘no’ a virtual assistant could be what you need. Below I’ll share five ways a financial advisor can use a VA for support.
For small businesses or sole traders, finding the time to complete admin tasks on top of the day-to-day demands of being a financial advisor can be tricky.
But a virtual assistant can offer exactly the help that you need, without committing to taking on an additional member of staff.
Keeping track of paperwork and daily admin tasks can prove to be incredibly stressful when you are busy, and it is all too easy to overlook – or completely forget – those small but important jobs that are essential to running a business.
Five ways a financial advisor can use a VA
The skills and flexibility that a VA brings to your business will allow you to pick and choose the help that you need to support you with a variety of work. Here are just five ways a financial advisor can use a VA.
1. Creating letters
Good communication is at the heart of all well-run businesses. Whether keeping customers in the loop, reaching out to potential clients, handling complaints, confirming accounts or reaching out to other companies and organisations, sometimes it needs to be put in writing. A written record is important to you as a financial advisor and to your clients – and is very often integral to compliance needs.
Letter writing can swallow up your time though. A trusted VA will get the details down accurately and get letters sent out on time
2. Review processes
Are you running your business as efficiently as possible? Streamlining and managing work processes can take the stress out of daily tasks and cut down on the amount of time taken to complete jobs. Filing, onboarding clients and managing data are just a few examples of where a good process can take the pain out of a task. With a host of software available to support better processes, a VA can analyse the processes you have in place and suggest – and implement – improvements, or even introduce new processes
3. Ensure paperwork is compliant
Industry compliance is so important for a financial advisor and minor oversights in dealing with paperwork can cause a major headache further down the line if not dealt with. A VA can work with you to make sure all paperwork is complaint to industry standards, helping you to ensure best practice.
4. Additional support
Do you ever wish there was someone you could just run something by? Say, if you’re unsure of the tone of an email, feel like something is missing, need a quick proofread of a document or to talk through a social media campaign. Working alone can be a challenge, or it could be that you just want a different take from your existing team. A VA will bring a wide range of experience to the job and will be able to listen to your ideas and be there with the support we all need at times.
5. Getting organised
Organisation is the secret to a well-run business. You might be one of those people who is naturally organised with everything where it should be just when you need it, but you might also be struggling under a pile of unanswered letters and face a desperate search through your computer’s haywire filing system every time you need to find a document.
A VA can get your processes, files, and even that overflowing inbox under control to give you clarity of mind and focus once more. Offering ongoing support or as a one-off project, excellent organisation should be second nature to a virtual assistant.
Choose a VA to support your business
With a strong set of skills, excellent software understanding and specialist training, such as St James Place accreditation, a VA will bring a new dynamic approach to your business’ admin needs.
To find out just how much a virtual assistant could support your business get in touch with New Dawn PA Services.