{"id":84335,"date":"2026-10-19T18:19:45","date_gmt":"2026-10-19T07:19:45","guid":{"rendered":"https:\/\/riskinfo.com.au\/news\/?p=84335"},"modified":"2026-10-19T18:24:23","modified_gmt":"2026-10-19T07:24:23","slug":"paraplanning-reimagined-embracing-ai-for-greater-efficiency-and-value","status":"publish","type":"post","link":"https:\/\/riskinfo.com.au\/news\/2026\/10\/19\/paraplanning-reimagined-embracing-ai-for-greater-efficiency-and-value\/","title":{"rendered":"Paraplanning Reimagined: Embracing AI for Greater Efficiency and Value"},"content":{"rendered":"
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Mutual Plans<\/a> Founder, Silvia Wade<\/strong>, argues that the value of paraplanning for advice practices can be enhanced by leveraging the power of artificial intelligence, countering the contention that AI capability may serve to reduce the value of the role played by paraplanning services\u2026<\/h2>\n<\/div>\n<\/div>\n

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I was recently asked an interesting<\/em> question by a financial adviser: \u201cOur practice uses AI automation and other technology, and our offshore paraplanners have very little to do now. What do you do?\u201d<\/p>\n

Here\u2019s my answer:<\/p>\n

As AI becomes an integral part of advice practices, the paraplanner\u2019s role is becoming more strategic and valuable to advice practices.<\/p>\n

AI is shifting paraplanners towards advanced modelling, SoA customisation and advice strategy<\/strong><\/p>\n

Today, our work is more focused on higher-value tasks than templated SoA documentation: interrogating information, testing assumptions, modelling strategies, creating projections, identifying gaps and risks, and developing highly tailored advice alongside advisers.<\/p>\n

We first establish a financial baseline showing how the client\u2019s position may develop if nothing changes. From there, we compare alternative strategies with the adviser and model how different decisions may affect the client\u2019s goals.<\/p>\n

For example:<\/p>\n