With the rise of cloud computing and acceptance of online security measures being in place, many financial advisers are allowing their paraplanners to work from home or they are employing paraplanners that work from home to do contract paraplanning.
The main requirements to be able to start paraplanning from home is a home computer, office software, financial planning software such as Xplan, Visiplan, COIN or Midwinter and the necessary contacts to start getting work.
For those who do not have the relevant contracts, they often turn to larger paraplanning services such as Paraplanner.com.au , signing up to be listed as a Contract Paraplanner , through the contract paraplanning service. The amount of work can vary but the rewards of using someone with industry experience, the initial paraplanning templates & agreements that you need etc are priceless.