Key Benefits

Brand new course

This brand-new qualification was finalised in August 2020. It’s purpose designed to fit the needs of industry stakeholders (especially employers) looking for highly skilled paraplanners with the technical ability and transferrable skills to take on a challenging role within a practice team.

Work - ready and practical experience

This course has been developed to help you prepare for work as a paraplanner. You’ll benefit from practical materials that are delivered in a workplace – orientated environment.

Nationally recognised

The course is nationally recognised under the Australian Qualifications Framework. You can use it as a pathway to further studies, including university degrees.

100% digital

Our Advanced Diploma of Paraplanning is 100% digital and online – no classroom time needed – so you can study on your terms.

Course Accreditation

You’ll need to complete 12 units to obtain your Advanced Diploma of Paraplanning, including nine core and three electives.


The Paraplanner
The Client
The Practice
Managed Funds Advice
Research Activities
Superannuation Advice
Insurance Advice
Prepare, Present & Implement Advice

Course Assessments

The experts who design and deliver our courses have developed an assessment framework that’s uniquely designed to help you gain a deep understanding of the material.

Assessment formats include:

Career Opportunities

Good paraplanners – especially the dedicated ones – are in high demand. If you want to help people change their lives by helping them reach their financial goals, chances are paraplanning is on your list of career options.

Key opportunities include:

Pathways

Monarch has partnered with the University of New England to offer pathways to financial planning qualifications. Check them out here.

Entry requirements

To make sure you get the most out of training with us, the following enrolment process applies:


What equipment will I need?

You will need access to the following equipment to successfully complete the course:


Am I eligible for Recognition of Prior Learning or credit transfer?

We may be able to take into account relevant knowledge and skills you’ve gained through previous formal or informal training, education and employment. To find out more, refer to our Student Information Handbook by clicking here, or get in touch with one of our friendly course consultants.

Course Topics

The Advanced Diploma has nine core units plus three elective units that cover the most important skills in terms of technical ability and client service.

The course topics are:

The Paraplanner

Paraplanning is about figuring out how to deliver the best strategies for the client. Paraplanners need to organise information, clarify the objectives and organise the various options available before working with the adviser to set the strategic direction.

Part of delivering advice is knowing the rules; specifically what you can do and what you definitely cannot do. Here we look at what the rules are and how to keep on top of keeping everyone happy!

In this section you’ll learn:


The Client

You’ll learn how to develop plans in a way that meets (or exceeds!) the client’s needs, and leaves you confident you’ve covered all bases.


The Practice

Compliance doesn’t need to be something that makes you nervous or scared as a paraplanner. This module walks you through how to set up a working compliance system, including risk management procedures and resources like technology, staffing and consultancy.

It also covers how to provide effective services within the frameworks of rules, regulations and professional standards that exist for paraplanners in Australia today. You’ll learn everything from legislative and regulatory compliance, to how to work within the kinds of policies and procedures that can vary from practice to practice.

You’ll learn:


Managed Funds Advice

This section is about the exact strategic process for developing a great financial plan. It’s presented so that you’ll learn to work with a variety of supervisors or intermediaries, like financial advisers, shareholders, stockbrokers, trustees, agents, or whole financial organisations.

There’s something for even experienced paraplanners to learn here, especially with coverage of relatively new legislative requirements relevant to implementation.


Research Activities

One task that takes up a significant portion of a paraplanner’s efforts is product research. This means finding, exploring and understanding products (especially new products) that best fit the client’s needs and objectives. By the end of this section, you’ll know how to effectively document and present research to the relevant parties to support the recommendations within the plan.

You’ll also learn to develop unique solutions, you need to have a certain set of research skills. This module will take you through developing research parameters and requirements, finding the information, and presenting it to stakeholders in an easy-to-understand way.

We’ll cover:


Superannuation Advice

Ever wondered why super is so super? This section takes a deep dive into superannuation and managed investments, focusing on how to invest money in the most effective way, inside and outside of the superannuation environment.

Here we look at:


Insurance Advice

While superannuation and managed investments can help build wealth, it’s also important to protect that wealth. That is why in addition to learning about building assets wealth, you’ll learn about risk management and insurance.

This module is about the structures available to build wealth, and how to use insurance to protect wealth.

You’ll learn:


Prepare, Present & Implement Advice

In this last section we bring it all together. You’ll learn to develop unique solutions, and how you can present them to stakeholders in an easy-to-understand way.

We cover:

Course Duration

This course is designed to be completed within 12-24 months.

There is no minimum timeframe to complete this course. Students who are highly motivated and well organised can complete the full course at an accelerated pace.

The key factors that influence course completion are a student’s experience, time availability, how fast they work and how committed they are!

How it works

More than online

You’ll get:


How does it work?

This course has been developed to give you absolute flexibility. Study on your couch, on public transport, on your break at work, out in the park – wherever and whenever you like. The best part is, with Monarch Institute, ‘online’ doesn’t mean ‘alone’. You’ll be backed by our trainers at every step along the way.


What support will I get?

Your trainer will be happy to contact you via phone, Zoom, or email (Monday to Friday, 9am to 5.30pm). So you definitely won’t feel alone. You’ll also have access to our student Facebook groups, so you can discuss the material with other students. It’s a handy way to stay in touch with trainers and others in the same course.

Course Price

Upfront payment

$2,350 (Total)

The most cost-effective option. Pay up front and save 20% compared to the total payment plan. Payment options include electronic funds transfer (EFT), credit card (Mastercard or Visa), cheque or cash.


Payment plan

$108.46 per week – paid over 26 weeks (Total: $2,820)

This option is suitable for students wanting to manage their cash flow. It’s handy if you want to get started right away, but don’t have the full amount on hand. Payment must be made with Mastercard or Visa.

Meet your trainers

Industry experts and thought leaders
Helen Russo
Trainer
"Together, we can change the world”
– Akiroq Brost

During my 20 years in the financial advice industry, I’ve had a number of diverse roles including corporate super at NSP Buck, workplace financial planning with private clients at MLC, and professional and business banking with Macquarie. I set up and ran an Australian Financial Services License for an accounting firm.

In 2012 I co-authored and delivered a business succession insurance training program for financial planners and accountants for the Business Risk Institute of Australia.  In 2013 I established my own practice, Encompass Wealth – Financial Life Planning. We specialise in holistic life planning, focusing on the broader context of a client’s life rather than just the numbers. This means integrating clients’ values, vision and wealth.

In March 2017 I was appointed Director at CLIME Private Wealth where I use my experience, technical knowledge and coaching abilities to provide advice to baby boomers transitioning into their version of retirement.

What makes me jump out of bed each morning?

My family! And the ability to make a difference in someone’s life – I love working with people!

Adrian Shaw
Adrian Shaw
Trainer
"To handle yourself, use your head; to handle others, use your heart"
– Eleanor Roosevelt

Drawing on nearly 20 years’ experience in the financial services sector, I lecture in Investments and Financial Services at the University of New England (UNE) and work with businesses to enhance the way they get things done. As subject coordinator for UNE, I recently developed the first Financial Services Simulator in Australia, and post-graduate subject offering students practical, real-world experience.

I’ve also worked with law firms, financial service providers, accountants and bookkeepers helping them streamline business operations and improve client experience.

What makes me jump out of bed each morning?

My dog and the desire to help my Monarch students!

Janine Cini
Trainer
"The only way to do great work is to love what you do."
– Steve Jobs

I’m known as a bit of a superannuation guru here at the Monarch Institute office. I’ve got 30 years of experience in the financial services sector. I’ve worked in underwriting, corporate superannuation fund portfolios, business analysis, and self-managed superannuation funds.

I have undertaken a variety of roles, mostly within large corporations, but also with a number of small businesses. I’m passionate about sharing my knowledge and experience in Monarch Institute’s student contact hours here in Melbourne.

What makes me jump out of bed each morning?

It’s all about balance and fitting as much into the day as possible. If the sun is shining an early morning horse ride is a must. A good balance of work to stimulate the mind and Pilates to keep in shape. And never a dull moment with three children and a close family living nearby.

Any questions? Ask away!

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Paraplanning education.
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Advanced Diploma of Paraplanning

FNS60920

  • Study online, in a way that suits you
  • A new pathway for paraplanners
  • Learn how to provide a range of financial planning services
Click to expand
Duration Up to two years
How it works Study online. With a difference.
Price $2,350 up front | $108.46 per week (payment plan)
Career opportunities Para-planner | Associate financial planner | Compliance officer | CSO
Course topics Eight themes
Units 12 units | Nationally recognised
Course trainers Industry experts and thought leaders
Pathways University Qualifications
Entry requirements No formal prerequisites | RPL available | Some equipment needed
Assessments Multiple small assessments | No exams
Start date Immediately, or whenever you're ready
Get in touch about enrolling
Payment Options There are two ways you can pay for your course...
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