This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersA Paraplanner supports financial planning by gathering information, liaising with clients about their needs, and helping them understand financial products.
Get qualified to work as a Paraplanner with a course recognised across Australia. Speak to a training provider to learn more.
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In Australia, a full time Paraplanner generally earns $1,800 per week ($93,600 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
There has been a decrease in employment numbers in this industry over the last five years. There are currently 24,100 people working in this field in Australia and many of them specialise as a Paraplanner. Paraplanners may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
If you’re interested in a career as a Paraplanner, consider enrolling in an Advanced Diploma of Paraplanning. This course will advance your understanding of the Australian financial services industry and give you the skills to offer advice on superannuation, managed investments and life insurance products.
A Paraplanner performs a range of duties at a financial planning practice. You might assist colleagues with gathering information and collecting paperwork. Paraplanners might liaise with clients to determine their needs and find out details about available financial services. You might put information together for clients and help them to understand products on offer.
Paraplanners should be highly organised and have strong customer service abilities. It’s important you have good interpersonal skills and can communicate well with clients from a range of backgrounds. You’ll need to have a strong understanding of the financial services industry and should be able to understand the individual needs of your customers.