An outsourced financial planning assistant for Australian advice practices is, at its core, a dedicated offshore team member who takes on the paperwork side of advice: drafting Statements of Advice, keeping compliance files current, and managing client administration inside your practice's own software and processes. Firms that make the switch typically pay 50 to 70 percent less than they would hiring locally, which frees advisers to spend their time on advice rather than admin.
This kind of arrangement isn't an outlier in the sector anymore. More Australian licensees send back-office and paraplanning work offshore every year, largely on the back of rising local costs and a thin talent pool. Regulators have started paying closer attention too, which makes the choice of partner more important than it used to be.
Shasha Outsourcing Services is one such partner, placing outsourced paraplanners and financial planning support staff with advice practices right across the country. Most firms are matched with a dedicated team member within two to four weeks.
What an Outsourced Financial Planning Assistant for Australian Advice Practices Actually Handles
Day to day, the role covers Statement of Advice and Record of Advice drafting, review pack assembly, platform and portfolio data entry, fee disclosure paperwork, and general client correspondence. Anything short of giving licensed advice can generally be handed over, while the advice decisions themselves stay firmly with your licensed adviser.
1. Work Keeps Moving After Hours
Shasha's staff operate out of Harare, several hours ahead of the Australian clock. Send through a Statement of Advice, review pack or compliance document at the end of your day, and it's often sitting ready for review the next morning. That's not something you get from providers whose working hours largely line up with yours.
2. Security Built to an Independently Audited Standard
ASIC looked closely at this space in October 2025, publishing findings on how advice licensees manage offshore providers, and the results were mixed: some firms had solid governance in place, others had almost none. The regulator's position was straightforward — delegating a task doesn't delegate accountability for it. Licensees still own the outcome, wherever the work actually happens.
That's exactly where provider choice matters. Shasha holds ISO 27001:2022 certification, the internationally recognised benchmark for information security management, so client and practice data sits inside a framework that's independently audited, not just described on a website.
Book a free staffing consultation to talk through your options, or call 03 7046 4575 any time.
3. Flexible Terms, Backed by a Replacement Guarantee
There's no lock-in contract with Shasha, just a flat monthly rate. If the first match isn't quite right, the search continues at no extra charge until it is, and nothing is owed until you actually bring someone on.
4. Genuine Savings Without Compromising Quality
An outsourced financial planning assistant for Australian advice practices can be a genuinely cheaper way to run this side of the business. Hiring a paraplanner locally usually means $70,000 to $100,000 or more a year in salary alone, before super, leave and other overheads. A local financial planning assistant sits at $55,000 to $75,000. Through Shasha, practices generally pay one flat monthly rate and save 50 to 70 percent against those local figures, with no super, no leave loading, and no hidden extras.
5. Trained for This Industry, Not Admin in General
Shasha's assistants are trained specifically on advice practice administration rather than general office admin dropped into a finance setting. That distinction matters when SoA formatting, fee disclosure statements and platform entries all need to be right the first time.
A number of practices pair this with Shasha's outsourced accounting support too, keeping tax planning coordination aligned across both functions.
Where This Sits With ASIC's Rules
Handing off admin and paraplanning tasks doesn't put a licensee offside with ASIC, provided responsibility for advice quality stays with the licensee and oversight of the outsourced work continues. ASIC expects providers to be properly vetted, monitored on an ongoing basis, and disclosed where relevant. Every assistant placed through Shasha works inside your practice's existing systems, so oversight and visibility never leave your hands.
This is general commentary, not legal or compliance advice. Check your specific obligations with your licensee or compliance team before setting up an outsourcing arrangement.
Getting Started
- Have a free consultation and outline what your practice needs.
- Shasha shortlists suitable candidates and you interview your top three.
- Onboarding typically takes two to four weeks.
- If the first match doesn't work out, the search continues at no additional cost.
Looking to hand off some of the admin load? Book a free staffing consultation with Shasha, and you'll be matched with an outsourced financial planning assistant for Australian advice practices suited to how your firm runs. Call 03 7046 4575 or get in touch online.
