Four hours per SoA. We make it twenty‑four minutes.
Every Statement of Advice is four hours of drafting, cross‑referencing, and compliance formatting. BackPro drafts the full SoA in your firm’s template from the fact‑find, captures the best‑interest reasoning, and leaves the supervision trail behind. You review, sign, send.
Three pressures every advisor already feels.
- Pressure 01
The paraplanner pipeline is dry.
Recruiting an experienced paraplanner takes months. Holding one costs six figures, fully loaded. Every SoA still has to clear a human pair of hands before it goes to a client.
- Pressure 02
The thirty‑day clock starts the moment it’s said.
RG 271 doesn’t start running when a complaint is logged. It starts the moment a client expresses dissatisfaction. Late responses surface in ASIC’s public IDR data.
- Pressure 03
Every fact‑find captures sensitive information.
APP 11 obligates reasonable steps to protect every record an advisor handles. The Notifiable Data Breach scheme runs alongside on a 30‑day notification clock, and most advisors discover this only after they breach it.
The SoA Drafter, at work.
Fig. BackPro drafting a Statement of Advice from a fact‑find, in your firm’s template.
Ninety percent of your time, back on your desk.
Drag the sliders for your firm. The estimate is grounded in BackPro’s measured 90% time reduction per Statement of Advice, applied to your annual SoA volume at your paraplanner rate.
- Hours saved / year
- 2,160
- SoAs per year
- 600
- Time reduction / SoA
- 90%
Formula matches the homepage calculator. Estimate is indicative. Your real saving depends on your template complexity and review process.
One client workspace, every obligation covered.
The SoA is one artefact. The practice runs on goals, projections, reviews, fee consents, product research, and the compliance register that ties them together. BackPro holds all of it in a single client workspace.
Track goals across engagements. Progress entries, review scheduling, linked SoA engagements.
Dated balance‑sheet snapshots. Year‑on‑year comparison. Asset class breakdown and trend charts.
What‑if calculator. Real vs nominal returns. Per‑year drawdown schedule. Depletion age analysis.
Coverage gap scoring. Life, TPD, income protection, trauma. Priority‑ranked gaps with recommended amounts.
Paraplanner and licensee two‑stage sign‑off. Compliance checklist. Download blocked until licensee approved.
s962R ongoing review obligation tracked. Due‑date countdown. Evidence notes per review cycle.
s946B‑compliant short‑form for ongoing reviews, fee resets, and minor changes. Same engine, leaner output.
Clients view their advice, download documents, and message the adviser securely. Published when ready.
s961B(2)(e) research trail. Side‑by‑side comparison. Fee and feature matrix. Every recommendation decision logged.
OFA consents, fee deduction consents, reconciliation runs. Fee Disclosure Statements generated in one click.
40‑hour standard scoring. Category breakdown, reading cap, licensee verification, firm‑wide summary.
Bulk client reassignment on adviser exit. Impact preview, capacity analysis, handover report.
Best Interests Duty, documented in every SoA.
The s961B safe harbour is seven steps. Most practices keep evidence of step 1 and step 5 well, the rest as memory. At audit, ASIC asks for all seven. BackPro captures every step in line with the SoA your adviser already produces. No separate compliance form. No reconstruction after the fact.
Fact-find inputs and stated objectives indexed into the SoA, with a timestamp on when each was elicited.
Scope of advice declaration captured up front and referenced throughout the SoA. Out-of-scope items flagged before drafting.
Gap detection on the fact-find. Where required information is missing, the adviser is prompted before the SoA goes to draft.
Adviser’s authorisations and CPD register surfaced against the subject matter. Recorded against the SoA at sign-off.
Product comparison reasoning captured inline: peer products considered, why excluded, what made the recommended product appropriate.
Each recommendation links back to a specific fact-find input. The auditor reads the SoA and sees the line of reasoning.
Replacement product workflow, swap-vs-stay analysis, and any disclosures required for complex strategies (SMSF, TTR) captured against the SoA.
Are you DBFO-ready? Eight questions.
Delivering Better Financial Outcomes Phase 2 reforms come into force on 1 July 2026. Most practices fail two of these eight today. Answer in 60 seconds, see where you stand.
- 01
Have you mapped your ongoing fee arrangements to the new Section 5 Notice consent format?
Corporations Act s962F
- 02
Can you produce, on 24 hours notice, a complete supervision trail for any SoA in the last 7 years?
RG 175 + RG 105
- 03
Is the s961B seven-step safe harbour captured in line with every SoA (not in a separate compliance form)?
Corporations Act s961B
- 04
Do you have an automated trigger for the RG 271 30-day complaint response clock the moment dissatisfaction is expressed?
ASIC RG 271
- 05
Are all fact-find captures stored in a way that satisfies APP 11 reasonable steps?
Privacy Act 1988 APP 11
- 06
Have you reviewed all fee deduction-from-superannuation arrangements against the new DBFO rules?
DBFO Phase 2
- 07
Is your replacement product reasoning captured against every recommendation (not just on request)?
Corporations Act s947D
- 08
Is every fact-find, SoA, BID assessment, and revision tamper-evident and timestamped?
RG 105 record-keeping
This scorecard is an indicative readiness signal, not legal or compliance advice. Specific obligations turn on the structure of your AFSL and the products you are authorised to advise on. Confirm with your licensee and legal counsel.
Your client data stays where you do.
Your competitors are using AI. You legally can't, because AFSL holders cannot hand client fact-finds to a cloud LLM. BackPro fixes that. The model comes to your data, not the other way around.
BackPro deploys inside your Azure or AWS environment. Client fact-finds, SoA drafts, and audit trails never traverse a third-party perimeter.
The model runs against your private data via the Model Context Protocol. Nothing leaves the perimeter to OpenAI, Anthropic, or any cloud LLM provider. AFSL-safe by architecture.
Every read, every draft revision, every supervisor sign-off lands in an HMAC-chained log. The auditor sees what happened, when, and who. Regulator-defensible.
From signed pilot to quarterly rhythm.
Most practices are live in under twenty‑four hours and at quarterly rhythm in thirty days.
Deployment scoped. We map your template, your supervisor’s review process, and your licensee’s audit format.
BackPro running inside your environment. Your data stays in your perimeter. Sample SoA drafted by end of day.
Your team trained. Real client SoAs flowing through the drafter, in your template. Supervisor reviews the trail, not the draft.
Every SoA, fact‑find, complaint, and supervision visit captured in one register. The quarterly review becomes a thirty‑minute conversation.
The honest FAQ.
The six questions every advisor asks within the first ten minutes of a private demo. Answered the same way we'd answer them in the room.
Our reporting quality improved while our turnaround time dropped. Clients notice the difference, and our advisers are finally doing what we hired them for: client relationships, not document formatting.
See BackPro running inside an advice practice.
Bring a real fact‑find from your firm. Thirty minutes. We draft a Statement of Advice in your template, return it inside the hour, and leave the supervision trail behind, whether you proceed with us or not.