Streamlining the production of SOAs

I really enjoyed reading this piece on "Is the SOA worth the piece of paper it is written on" - and would love to know what tools & tactics other advisers use to help streamline the production of SOA...

advice production

jessica.lamb

Advisely Partner

2 years ago

I resonate with so much in this article. I agree 100% with this comment “If you go to a doctor, you don’t expect them to go through every single health issue, they aren’t giving you a document on every virus and why they ruled them out. None of us want that and it’s the exact same for clients that come to advisers,”

I am looking forward to hearing some tips from our Advisely community.

When it comes to producing SOAs via XPLAN, my number 1 tip is to ensure all the work you complete through XPLAN, feeds through automatically into your SOA document.

For example, if you have completed a recommendation in Risk Researcher, all relevant information relating to that recommendation should come through into the SOA. You should get the recommended level of cover, the premium amounts payable and the commission payable to the adviser.

The power of a well-coded template, run via a well-crafted XPLAN wizard is key to streamlining your SOA production.

primrose.foster

Advisely Team

2 years ago

Thanks jessica.lamb for sharing your thoughts! Your tips to help automate the process further are super useful.

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