Para-dox and Avenir partner for the future of paraplanning.

Para-dox, a specialist paraplanning firm, has entered into a partnership with Avenir, integrating
Avenir’s suitability report writer into their Flex service offering. Traditionally, financial
advisers hire paraplanning firms to handle suitability reports and annual reviews - a necessary
but often costly process.

Through this partnership, Avenir’s clients can now access professional paraplanning services at
a lower cost, with human checks to ensure accuracy. This marks a key shift in the industry,
where technology improves efficiency while still maintaining the expertise of paraplanners.

By simplifying report generation, advisers can reduce their operational costs, allowing smaller
firms and independent financial advisers (IFAs) to offer more affordable advice. This helps
bridge the advice gap and makes financial guidance more accessible to a wider range of clients.

Ed Spencer, Managing Director of Para-dox stated: “This partnership enforces our
alignment with technology to enhance efficiencies for our users by enabling us to optimise
our processes while offering Avenir clients an affordable solution for report writing and
compliance checks. By combining automation with human oversight, we are targeting
further efficiencies without compromising regulatory standards.”
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Andrea, co-founder of Avenir added: “Having a dedicated paraplanning firm like Para-dox
onboard demonstrates the real-world impact of AI-driven suitability reporting. This is a prime
example of how technology and human expertise can work together to lower costs, improve
efficiency, and make financial advice more widely accessible.”


For more information contact: andrea.macdonald@joinavenir.com and support@para-dox.co.uk
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