Ninety percent of the SoA time, back on your desk.
A Statement of Advice is the most regulated document the advice industry produces, and the most expensive to draft. BackPro drafts in your firm’s template from the fact‑find, captures the best‑interest reasoning, scope of advice, basis of advice, and replacement product logic in one pass. The advisor reviews, signs, sends.
The paraplanner workload is the bottleneck.
- Pressure 01
Recruiting a paraplanner takes months.
Experienced paraplanners are scarce, expensive, and turnover is high. Every advisor in the network is one resignation away from a four‑week backlog.
- Pressure 02
Every SoA needs a complete BID trail.
Best‑interest duty obligates documented reasoning for every recommendation. Missing reasoning is a supervision finding, an IDR escalation, or worse.
- Pressure 03
Templates drift across the network.
Each adviser ends up with a personal version of the firm template. The licensee’s supervision team chases formatting, not advice quality.
From four hours to twenty‑four minutes.
SoA Automation, at work.
Fig. The SoA Drafter producing a draft from a fact‑find. Best‑interest reasoning, scope, and basis of advice all captured automatically.
Book a private demoSee the SoA we just generated.
A fourteen‑page Statement of Advice drafted end‑to‑end by BackPro: cover sheet, executive summary, personal situation, recommendations, basis of advice with §961B reasoning, projections, fees, and adviser disclosures. Watermarked for you, dated, marked specimen.
Everything that goes into one Statement of Advice.
End‑to‑end draft in your firm’s template, from fact‑find to signed PDF. Captures scope, basis of advice, BID reasoning, and replacement product logic in one pass.
Short‑form ROA for ongoing reviews, fee resets, and minor changes. Same engine, leaner template, full supervision trail.
Structured intake of client goals, dependants, risk profile, super, debt, and existing products. Becomes the spine for every downstream artefact.
Pre‑approved best‑interest reasoning patterns. Reused, not re‑typed. Surfaces relevant precedents when the adviser drafts a similar strategy.
Specific reasoning trail for product‑replacement recommendations. Comparison, rationale, and BID captured against ASIC’s anti‑churn expectations.
Your firm’s template is the source of truth. Adviser drafts conform automatically. No more personal versions of the master template drifting across the network.
Annual consent letters and renewal artefacts drafted on schedule. The firm never relies on the adviser remembering the date.
Every draft, every revision, every approver captured. The licensee’s file review becomes a thirty‑minute job instead of a two‑week one.
Signed PDF in the firm’s brand, watermarked, signature‑ready. Plain‑language summary on page one for the client.
Upload completed SoAs to extract reusable reasoning patterns. Pre‑approved clauses surface automatically when the adviser drafts a similar strategy. Institutional knowledge compounds.
Surgical section‑level editing via GPT‑4. Ask the AI to tighten a paragraph, add a disclosure, or rework a recommendation. Multi‑thread memory, protected‑section enforcement, voice dictation.
Client‑ready PPTX or PDF presentation generated from the SoA data. Editable slides, key insight selection, adviser overrides. Advisers present the advice, not just hand it over.
Two‑stage sign‑off before any SoA can be delivered. Compliance checklist, decision notes, state machine from paraplanner review through licensee approval. Download blocked until approved.
Record the client meeting or upload the transcript. AI extracts goals, concerns, risk cues, and action items. Feeds directly into the SoA engagement, no re‑keying.
Post‑generation compliance scan across s947, s961B, s962, RG 175, and INFO 255. Per‑section flags with overall score. The supervision trail starts before the adviser even opens the draft.
Ninety percent of the SoA time, back on your desk.
Drag the sliders for your practice. The estimate is grounded in BackPro’s measured 90% time reduction per Statement of Advice. Math matches the homepage Advisor tab and the Financial Advisors solution page.
- Hours saved / year
- 2,160
- SoAs per year
- 600
- Time reduction / SoA
- 90%
Who uses SoA Automation, and how.
Questions advisors ask first.
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 SoA Automation on a real fact‑find.
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.