Are you charging enough for your paraplanner?

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The level of hourly fees charged by advisers for their paraplanners varies widely from zero to £185, according to research by threesixty.

The majority of firms are charging between £75 and £100 per hour for paraplanners, although a wide range of other charges have been discovered. Hourly fees for paraplanners range from no charge to £185, with 52% charging between £75 and £100. Meanwhile, 27% of the 133 surveyed firms charge between £110 and £175, with 11% charging between £40 and £65. Phil Young, commercial director at threesixty, says: "The wide disparity in hourly rates charged for paraplanners reflects the broad range of their roles and regional variations in salaries, skills and functions. "Sometimes paraplan...

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