Paradigm launch will writing service with APS

14 October 2009 | Updated: 16 October 2009 5:53 pm | By Natalie Thomas

Paradigm Group members will have two options when it comes to using APS Legal & Associates - they can act as either an Introducer or an associate. Regardless of the option chosen the adviser will not have to write any legal documents.

Those members opting for Introducer status will be able to offer their clients access to the range of legal services offered by APS Legal & Associates including the use of its 140 consultants based throughout the country.

Having made the introduction to APS, the client is then visited by an APS consultant who takes all the details before producing the necessary legal documentation.

 

All consultations are free, so there is no obligation placed on the clients. For their introductions, Paradigm members will receive 15% of the cost of the service to the client.

The second option is offered exclusively to Paradigm members and allows advisers to become Associates of APS whereby they become qualified estate planning consultants.

 

This means members will be able to offer legal services directly to their clients and enhance their income without the need to refer it onto a specialist and without all the hassle of extra paperwork.

Bob Hunt, chief executive of Paradigm Mortgage Services, says: “Business diversification is the name of the game for many intermediaries and advisers at the moment, which is why Paradigm continually looks for further opportunities to allow our members access to new income streams.

“This link-up with APS Legal & Associates provides members with a unique and distinct new product area to focus on, and it could potentially deliver increased revenue.

 

“According to a survey by the National Consumer Council in 2007, seven out of 10 people do not have a will, therefore advisers are in a prime position to offer this service and provide real peace of mind to their clients.

“Introducers to APS can earn a significant introduction fee, however, if they also take the training course they can substantially increase their earnings and add a further service string to their bow. Through Paradigm, APS will provide all the necessary help, support and back-up to ensure members have the tools at their disposal to make the most of this new sector opportunity.”

Adam Shaw, managing director at APS Legal & Associates, says: “I have always believed that the cornerstone of all financial planning is having the correct Wills and trusts in place for clients.

“Not only is this the correct thing for the client, but the opportunity available to all advisers in offering this service is extraordinary and one which can only be measured and really understood by those which take Will writing in their business seriously.

 

“Providing an Estate planning and Will writing service to clients not only brings additional, regular and lucrative income, but also allows advisers access to executors, witnesses, guardians, trustees named in the will.”

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