How long is each video?
This will depend on the scope of the advice.Single scope animated SoAs will be under 5 minutes, whereas multi-scope animated SoAs can be 5-7 minutes in length. In all scenarios, we attempt to keep the animated SoAs under 10 minutes in length.
Do I still need a paper SoA?
No! This is one of the best things unique to Planimate animated SoAs! They are designed to completely replace the traditional paper SoA.
How will I share the video with my client?
We will deliver the animated SoAs to you via a weblink, which you can then share with your client. This is a one-click link which opens the animated SoAs directly.
Does this mean I don’t need a paraplanner?
Paraplanners are the well-respected backbone of many licensees and practices. Planimate’s offering does not negate the need for paraplanners at all. In fact, in many cases, it will likely be the paraplanners that log in to complete the details in the video request form!
Can I convert any advice to a animated SoA?
While we are happy to produce an animated SoA for any kind of advice, very complex advice is likely best completed using traditional paper SoAs. Further to this, some of the more analytical clients may prefer having all the detail in a document, and therefore animated SoAs may not be appropriate for them.
How will I maintain my obligation to keep records for seven years?
In the animated SoA link that you receive, there will be an option to download the MP4 file. Once downloaded, you may save them however you wish.
Do these animated SoAs really solve the traditional SoA inefficiency problem?
Yes, they really do! Advisers that are currently on our platform and have made use of the animated SoAs have enjoyed immediate success! They reported that all clients have actually watched the videos, enjoyed watching them and most importantly, easily understood them. They reported that in 85% of the cases, the client wishes to proceed with no further questions asked. Lastly, they reported tremendous client engagement and strongly positive client feedback!