Wright Financial AThe Work BThe Numbers CThe Build DThe Deal

The Work

700

admin hours a month

$21,000

a month

4.4

full-time people on paperwork

SOAStatement of Advice

$18,000

15 a month · 40 hours each · $1,200 each

ROARecord of Advice

$3,000

5 a month · 20 hours each · $600 each

PLAPersonal Life Analysis

—

Not counted yet

ApplicationsSubmission and chasing

—

Not counted yet

Every month$21,000

Document	Per month	Hours each	Cost each	Cost a month
SOAStatement of Advice	15	40	$1,200	$18,000
ROARecord of Advice	5	20	$600	$3,000
PLAPersonal Life Analysis	—	—	—	—
ApplicationsSubmission and chasing	—	—	—	—
Every month, before Jared's own time				$21,000

At $30 an hour, that's $252,000 a year. PLA and application work isn't in the figure yet, so it's the floor. Jared's note totals $24,000 a month, which needs ten ROAs — five at $600 is $3,000.

Next · BThe Numbers

Advice production model

The Work