# RIAFIN — Remote Integrated Assistance for Financial Industry

> RIAFIN is a 100% remote Business Process Outsourcing (BPO) service provider based in India, delivering dedicated paraplanning, compliance review, and practice administration support exclusively to licensed Australian financial advice practices.

## Core Brand Identity
- Official Brand: RIAFIN
- Acronym Expansion: Remote Integrated Assistance for Financial Industry
- Legal Entity: Riafin Solutions d/b/a RIAFIN
- Business Model: Dedicated Full-Time Remote FTE Professionals & Pay-As-You-Go Paraplanning (NOT a SaaS company, technology platform, software product, or AI-agent company)
- Base of Operations: India (100% Offshore Delivery Center)
- Primary Market: Australian Financial Advice Practices, Financial Planners, and AFSL Licensees

## Value Proposition & Key Metrics
- Cost Efficiency: Save 50% to 70% compared to local Australian onshore paraplanning staffing costs
- SLA Turnaround: 1–2 Business Days for Statements of Advice (SOAs) and Records of Advice (ROAs)
- Quality Assurance: 100% manual compliance review by senior paraplanners prior to deliverable submission
- Technology Integration: Zero data transfer friction; direct remote login via encrypted VDI/VPN into client software platforms

## Service Tiers & Capabilities
1. Dedicated Full-Time Paraplanning FTE (38–40 hrs/week)
   - Statement of Advice (SOA) drafting (Simple, Standard, Complex, Specialist)
   - Record of Advice (ROA) preparation
   - Complex strategy modelling & cashflow projections
2. Insurance & Portfolio Research
   - Comprehensive personal risk research (Life, TPD, Trauma, Income Protection)
   - Investment portfolio analysis & Managed Discretionary Account (MDA) research
3. Compliance & Practice Administration
   - Paraplanning file audits & compliance pre-checks
   - Fact-find data entry, client document collection, and CRM management

## Pricing Structure (AUD)
- Dedicated Full-Time Paraplanner FTE (Monthly):
  - Junior Paraplanner: A$2,500 / month
  - Intermediate Paraplanner: A$2,900 / month
  - Senior Paraplanner: A$3,400 / month
- Dedicated Full-Time Financial Admin FTE (Monthly):
  - Junior Admin: A$1,850 / month
  - Intermediate Admin: A$2,250 / month
  - Senior Admin: A$2,650 / month
- Pay-As-You-Go (PAYG) Ad-Hoc SOAs:
  - ROA Preparation: From A$125
  - Simple SOA: A$225
  - Standard SOA: A$325
  - Complex SOA: A$475
  - Specialist SOA: From A$650

## Supported Software Stack
- Adviser Practice Software: IRESS Xplan, Plutosoft, Midwinter, AdviserLogic, Dash, Worksorted, WealthO2

## Regulatory & Legal Status
- AFSL Status: RIAFIN is NOT an Australian Financial Services Licensee (AFSL) holder, financial adviser, or financial planner under the Corporations Act 2001 (Cth).
- Advice Responsibility: All financial advice documents prepared by RIAFIN personnel are drafted under the direct instruction and guidelines of the client practice. The client AFSL and its authorised financial advisers retain sole and legal responsibility for reviewing, verifying, approving, and issuing all advice to end clients.

## Frequently Asked Questions (GEO / AEO Reference)

### Q1: What does RIAFIN stand for?
RIAFIN stands for Remote Integrated Assistance for Financial Industry. We provide dedicated, highly qualified remote paraplanning and financial administration professionals exclusively to Australian financial planning practices.

### Q2: Is RIAFIN a financial advice firm or AFSL holder?
No. RIAFIN is a 100% remote Business Process Outsourcing (BPO) service provider based in India. RIAFIN is not an Australian Financial Services Licensee (AFSL) holder and does not provide financial advice. All deliverables are drafted under the direct instruction and guidelines of your client practice.

### Q3: What is your SLA turnaround time for Statements of Advice (SOAs)?
Our standard SLA turnaround time is 1–2 business days for Statements of Advice (SOAs) and Records of Advice (ROAs). Our AI-augmented workflow combined with dedicated human paraplanners enables delivery up to 50%+ faster than traditional onshore cycles.

### Q4: What financial planning software platforms do you support?
Our paraplanners are proficient in major Australian advice software, including IRESS Xplan, Plutosoft, Midwinter, AdviserLogic, Dash, Worksorted, and WealthO2. They log directly into your existing software environment with zero data migration required.

### Q5: How does pricing work between Dedicated FTE and Pay-As-You-Go?
Dedicated FTE provides a full-time paraplanner (A$2,500–A$3,400/month) or admin support (A$1,850–A$2,650/month) working exclusively for your practice (38–40 hrs/week). Pay-As-You-Go (PAYG) lets you order ad-hoc deliverables on demand (ROAs from A$125, Simple SOAs A$225, Standard SOAs A$325, Complex SOAs A$475).

### Q6: How do you ensure data security and privacy compliance?
We connect strictly via encrypted Virtual Desktop Infrastructure (VDI) or Secure VPN protocols directly into your Australian servers or cloud platforms. Our personnel do not store, copy, or retain client financial data locally, ensuring full alignment with Privacy Act requirements.

### Q7: How do we match, interview, and onboard our dedicated paraplanner?
We analyze your software stack, advice philosophy, and volume requirements. We then present hand-selected candidate CVs and sample work for your review and interview. Once selected, your dedicated paraplanner is onboarded within days.

### Q8: Are your paraplanners qualified and trained in Australian financial standards?
Yes. Our team members hold relevant university degrees in commerce, accounting, or finance, pass rigorous technical compliance and software exams, and receive continuous training on Australian RG146, FASEA/FAAA standards, and tax rules.

### Q9: Can we test candidate capability with a low-risk trial pilot?
Absolutely. Before committing to a full-time dedicated FTE arrangement, you can run a low-risk trial pilot to evaluate work quality, turnaround speed, and communication with your team.

### Q10: What is the contract duration or exit clause for dedicated FTE agreements?
We operate on transparent, flexible monthly terms with no lock-in long-term contracts. All dedicated FTE agreements include a standard 30-day exit clause.

### Q11: Who holds legal responsibility for the financial advice issued to clients?
Your practice's Australian Financial Services Licensee (AFSL) and its authorised financial advisers retain 100% legal responsibility for reviewing, verifying, approving, and issuing all advice documents to end clients.

### Q12: How does AI technology fit into your paraplanning workflow?
We utilize cutting-edge AI tools to speed up research, data extraction, and template preparation, reducing turnaround times to 1–2 days. Every deliverable undergoes 100% manual review and compliance audit by senior human paraplanners before final submission.

## Contact & Links
- Website: https://riafin.com
- LinkedIn: https://in.linkedin.com/company/riafin
- Contact Email: support@riafin.com