"I know our administration team can be more efficient, I am just not sure how."

Incentivising, overseeing and monitoring an administration team can be hard and there are not many businesses that do it well.

Most businesses understand the cost of their paraplanning and administration teams, but very few really appreciate its value.

Fortunately, since 2002, The Timebank have built a team with diverse skills, experiences and knowledge to help clients with paraplanning, so we know all about it.

We can undertake a one-off project to assess your ‘middle office’ operations. This will give you the materials to make adjustments to make the team more efficient.

Obviously, we would love to work with you as part of that, so if we work together, we will waive our fee for the assessment.

The Timebank can be a flexible addition to your team. This is far more effective than employing someone to do the same job, particularly if it is a short-term project or job that doesn’t need a full-time employee.

Case study

Customer profile

Larger, regional firm.

Multiple advisers and a paraplanning department with 15 people.

The firm wondered whether the team were producing at full capacity and if not, what action could be taken.

Objective

  • To assess the internal paraplanning team.
  • To design a plan to improve efficiencies.

Delivery

To assess the internal paraplanning team.

  • We spend a day fact finding with the business.
  • We analyse the firm’s MI on individuals, work type, time sheets, processes and outcomes.
  • We identify what issues are causing the problems.

 

To design a plan to improve efficiencies.

  • We produce a detailed report on the analysis.
  • This includes action plans for countering the problems to benefit the business, the individuals in the paraplanning team and ultimately the best client experience.

Ready to proceed?

This sounds like me. I would like to know a bit more about The Timebank before going ahead

Fantastic!

We mould our service to our clients, so we will give you a call and listen to your needs to make sure we can help you.

In the meantime, we will start off by giving you complimentary access to The Timebank Foundations Programme.

Being a guest client gives you the following benefits:

  • FAQs about the service
  • Due Diligence on us as a company
  • Access to our PRODMatcher tool, which solves the PROD problem
  • Access to our Due Diligence reports on providers and manufacturers
  • News, hints, tips and opinions sent directly to your inbox
  • Access to ongoing CPD video series

This sounds like me, but I am not ready to get going just yet

Timing is everything, we understand that.

We really want to be here when you are ready, so in the meantime, we would like to give you complementary access to The Timebank Foundations Programme.

This gives you access to a range of benefits:

  • FAQs about the service
  • Due Diligence on us as a company
  • Access to our PRODMatcher tool, which solves the PROD problem
  • Access to our Due Diligence reports on providers and manufacturers
  • News, hints, tips and opinions sent directly to your inbox
  • Access to ongoing CPD video series