Outsource financial advisors to the Philippines


What is a financial advisor?

A financial advisor is responsible for providing financial advice or guidance across a variety of areas. They can advise businesses on services such as investment management, tax planning, portfolio management and insurance products. Essentially, they are a companies ‘one-stop-shop’ for all matters financial.

A financial advisor’s duties and tasks can include:

  • Providing financial planning advice
  • Preparing, validating and checking the accuracy of financial plans
  • Offer subject matter expertise and advice to the business
  • Assisting companies in managing finances and advising on investment planning to help meet their financial objectives.

These advisory tasks are particularly well-suited to being outsourced as they are repetitive and rules-based, requiring a high level of attention to detail. By sending these finance tasks to an outsourced financial advisor, organisations can free up their local finance teams time to focus on performing value-add, revenue generating work.


What key skills and qualifications make a great financial advisor?

Financial advisors and planners are one and the same; a financial advisor is a broader term used to encompass investments and portfolio management. They both help companies create programs and plan to meet long-term financial goals. To do this effectively, there are specific and key skills financial advisors require.

Outsourcing providers recruit financial advisors the same way an internal, talent acquisition team would. Essentially, they ask the same questions to understand whether these offshore candidates would be able to provide the level of quality required by Australian organisations:

  • What experience and knowledge do you have interpreting complex financial data and reports and explaining your findings to stakeholders in a simpler way?
  • What are your negotiation and influencing skills like?
  • How do you ensure excellent communication and uphold customer service while taking into account client confidentiality?
  • What active listening techniques do you use to ensure you collect all relevant information pertaining to future financial plans?
  • Provide an example of how you showcased a high level of accuracy and attention to detail.
  • What financial planning systems are you familiar with?

In terms of qualifications, a higher education degree or certificate in accountancy, business management or financial studies is desirable. Financial advisors require high level numeracy skills and IT knowledge as they are constantly interpreting financial data. Previous customer service experience within a financial institution is preferred due to the transferable knowledge accumulated in these roles.

Benefits of outsourcing financial advisory services

Organisations are able to appreciate the added benefits that come from offshoring outsources financial advisors duties to the Philippines, including:

  • Cost savings

    Cost savings

    Outsourcing can save your business money by having day-to-day tasks completed in a lower-cost economy, where employment costs are up to 70% less.

  • Expert support

    Expert support

    Outsourcing providers are experts in providing insights and advice at each stage of the outsourcing process. Their expert advice can help your business or recruitment company get the best out of your outsourcing journey and ensure it is optimised for success.

  • Improve business flexibility and availability

    Improve business flexibility and availability

    Outsourcing can help your business become more agile and flexible by opening up 24/7 availability.

  • Business growth

    Business growth

    Outsourcing can free up funds that can be used to reinvest back into the growth of your business. With the additional support of an offshore team member(s), you can increase the capacity for your business to take on more work.

  • Improved staff satisfaction rates

    Improved staff satisfaction rates

    Outsourcing can help you to identify roles and tasks that would be best suited to send to an offshore employee. That way, your local team can focus on what they do best and what motivates them, improving job satisfaction for employees in the long run.

What are the costs associated with hiring an offshore financial advisor?

Outsourcing your financial advisory to the Philippines can represent significant cost savings of up to 70%. At Beepo, we offer a simple monthly fee to help you reduce your overheads and focus on growing your business. This monthly fee covers everything: including infrastructure, security, recruitment and training, management and staff benefits.

For more detailed information on costs, please arrange a business consultation so we can tailor a solution to your business needs.

How does hiring an outsourced financial advisor work?

This first step is to find out if your business is offshore ready. If the answer is yes, here are the next steps:

  • Create a job description: to help us hire the right candidate for your role. We can also assist in this process to ensure we are finding the best talent in the current local market. 
  • Source the right candidate: we source candidates across our database and the local market before presenting you with a shortlist of the most suitable candidates available. 
  • Screen and interview: you screen, interview and select the candidate(s) you’d like to hire while we take care of the infrastructure set up to get them ready to work for your business. It’s usually around six to eight weeks to get your offshore staff up and running.
  • Onboard and train: your business, along with the operational assistance of our offshore management team, organise new staff onboarding and training, including the use of your systems, any relevant processes and workflows they may need and an overview of your company values and culture. This will help your new team member fit seamlessly into your organisation and assist in effective change management with your existing onshore team members.

The Beepo advantage

Beepo is an Australian-based outsourcing company that offers businesses a distinct competitive edge with offshore staffing solutions. We take the time to understand the hardships our clients face when it comes to recruiting hard working, dedicated staff. The Philippines is renowned for its finance talent and advisory skills, and we are adept at finding and recruiting the best of the best in terms of financial advisors.

What other roles and services can your business outsource to the Philippines?

Interested in learning more about the outsourcing solutions we can provide for your business?