A Top 100 UK Commercial Insurance Broker with no internal financial services offering.
New Service Line, New Income Stream, Retain Clients, Compliance Support
Our business model is based on introduced work through formal introducer agreements with accountants, lawyers and general insurance practices. The majority of new business is referred in to Pareto this way, demonstrating the level of trust partners place in us.
We are proud to have developed long-term relationships with industry leading professional practices across the North West. As their trusted IFA partner, we tailor our solutions to meet their unique requirements and changing client needs.
How could you accountancy practice benefit from partnering with Pareto…
The introducer and Pareto will in turn fully educate one another as to the disciplines and services offered by each business, thus creating a full understanding of the potential benefits of the partnership.
A formal introducer agreement is then signed, which covers responsibilities and fee sharing arrangements.
A dedicated financial adviser is approved by both parties, based on knowledge, sales skills and competence. Importantly we always consider the introducer’s requirements, and their unique company culture. The chosen adviser will be employed by Pareto who will be responsible for cost, management and compliance.
Ideally, the adviser would be based for a number of fixed days within the introducer’s office, ensuring no out of sight, out of mind issues.
A business plan is produced and regular meetings ensure expectations and performance are both fulfilled, and continually assessed.
We proactively market the service, aligning our efforts with the marketing strategy of the introducer.
Regular management information is produced and presented to show activity and status of the introduced work.