About Us
Crownhill Paraplanning handles the time-consuming tasks of preparing financial plans and reports, allowing you to focus on what you do best. With expertise in financial and tax planning, we assist you in expanding your services without the administrative burdens of hiring W-2 employees. Take your financial planning practice to the next level. Based in Louisiana, we support advisors nationwide.
Meet Diamond
Founder and Director of Paraplanning, CFP Candidate, and Certified Financial Education Instructor
Services
Financial Plan Creation
Create initial plans and update existing plans. Review documents, determine missing data, enter data, model scenarios, draft preliminary recommendations.
Tax Planning & Research
Leverage software (Holistiplan, TaxClarity, BNA Income Tax Planner) to analyze future tax liabilities, identify potential savings, and craft strategic plans for tax-efficient investments, retirement strategies, and education savings.
Client Deliverables & Reports
Enhance your client experience by tailoring deliverables and providing reports, including Cash Flow Projections, Retirement Planning, and more.
Why Choose Us
Increased Efficiency
Highly skilled professional who assist with a wide range of tasks, including data gathering, research, and more.
Adaptable
Time is taken to understand your work style and seamlessly blend our services with your processes.
Cost Savings
With outsourcing, Financial Planners and advisors have access to us on a project basis, without incurring the costs associated with recruiting, training, and retaining staff.
As your financial planning solution, collaboration is a key component of our work together. The tasks of entering clients' financial data, modeling plans, and performing detailed analyses are time-consuming and demand precise attention. At Crownhill Paraplanning, we excel at these tasks, allowing you to devote your time where it truly matters — with your clients. Let us handle the details so you can focus on what you do best.
Frequently Asked Questions
How do you work with advisors, and do you work with RIAs associated with broker-dealers?
I collaborate with financial advisors, assisting with financial plan preparation and tax planning. I adjust to the advisor's preferred workflow, creating a collaborative process that can be fine-tuned as we work together. I prefer working with advisors not affiliated with broker-dealers to avoid compliance issues, but feel free to contact us to explore possibilities.
What primary services do you offer?
Data gathering, review documents, determine missing data, enter data, financial plan creation (create initial plans and update existing plans), financial planning research, model scenarios, draft preliminary recommendation, tax planning & research, creating deliverables, blog post writing, etc.
Are client-facing services offered?
Crownhill Paraplanning acts as an extension of your services, remaining in the background unless otherwise requested. Specializing in back-office support, client meetings and direct client contact are not standard.
What financial and tax planning software do you use and support?
Crownhill Paraplanning primarily uses eMoney for financial planning. We also support RightCapital and MoneyGuidePro. For tax planning, we use Holistiplan, BNA Tax Planner, and Tax Clarity. We are always willing to learn new software to accommodate your preferences.
Do you prepare tax returns?
I support financial planners and advisors with their financial and tax planning needs, collaborating to create customized financial plans, provide tax projections, and conduct tax research. If your firm offers tax return preparation, I can assist with additional workload, but I do not offer standalone tax preparation services. Please note that since Crownhill Paraplanning does not have E&O insurance, the advisor must sign the tax returns.
Does my firm need to provide access to planning tools and technology?
Yes, the advisor needs to secure a support planner license for the financial planning software and provide user access to other planning tools and CRM. Additionally, access to file-sharing applications for sensitive client documents (e.g., Box, Dropbox, ShareFile) is required.
How long does it take to create a financial plan?
Basic financial plans typically take 4 – 6 hours of billable time. Some plans may have more complexity that require additional work.
What is the timeline of completing a plan?
The timeframe for completing a financial plan can vary depending on the complexity of the plan and the advisor's process. At Crownhill Paraplanning, we believe in a collaborative approach. Once we understand your specific needs and agree on the scope of the plan, a personalized timeline will be established.
Do you require a signed contract and what is your fee structure?
Yes, a signed agreement ensures a smooth working relationship. We offer flexible fee structures: standard plan ($180/hour, 30 hours/quarter) or one time introductory offer ($85/hour, 15 hours/quarter) for core tasks like data, plans & reports. Please note: Tax planning and research services are not included in this introductory offer.
We are also happy to discuss custom plans and pricing to meet your specific needs. If the standard fee structure doesn't work for you, please don't hesitate to contact us to discuss a tailored option.
How do I start working with you?
Please schedule a discovery call where we'll discuss your paraplanning needs and assess our compatibility. Before the call, you'll complete a questionnaire. During our conversation, we'll also cover pricing, billing details, and if we decide to move forward, I'll send you our independent contractor agreement to sign. Additionally, we'll conduct a brief background check before starting any projects.
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- Free Up Valuable Time: Streamline your workflow and reclaim hours spent on administrative tasks.
- Empower Your Clients: Deliver comprehensive financial planning solutions tailored to each client's unique needs.
- Unlock Your Potential: Focus on what matters most – building strong client relationships and crafting personalized financial strategies.
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Contact Us
Email us directly: This is a great option for detailed inquiries or scheduling consultations.
Complete the quick 10-minute form below: This is a fast and easy way to get started.
Please note: If the form is unavailable, feel free to reach out to us via email.
crownhillparaplan.com
crownhillparaplan@gmail.com
