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EOI - Felcorp Philippines Service Offering

Tobias Fellas


April 30, 2024


Overview of Why You Should Consider Felcorp Philippines

  • Seamless integration of Felcorp India and Felcorp Philippines staff
  • Felcorp Philippines staff start at 9:30am (AEDST) and finish at 6:30pm
  • Effective 15 hour offshore staff work days when integrated with Felcorp India staff
  • Staff fees are similar to Felcorp India
  • Felcorp India will manage and train Felcorp Philippines staff ensuring no training up of staff

1. What We will be Offering

Very similar to how Felcorp India staff work, we are simply duplicating that operation in Cebu, Philippines with a few expansion of roles available to capitalise on the timezone changes.


We will be offering the same roles with some new staffing divisions:

  • Accountants
  • Paraplanners
  • Back office Admin Support
  • Client facing virtual assistant (NEW)
  • Mortgage broking admin support (NEW)*


*For aligned financial planning practices that already offer integrated mortgage broking services.



2. Timezones

Felcorp Filipino staff will start at 9:30am (AEDST) to 6:30pm.


For comparison, operating hours for Felcorp India are 1:30pm (AEDST) to 10:30pm


If you get staff in both locations you can effectively have a 15 hour offshore staff working day.



3. Management of Staff

This is our biggest focus. We will be sending Felcorp India staff to Philippines office to help train and support new Filipino staff.


Our goal is to retain the centralised management of staff and ensure that both Felcorp India and Felcorp Philippines work together as one integrated team rather than separate divisions as we suspect our clients will take staff on both locations to take advantage of the timezone differences.


Our plan is to have Felcorp India manage the Filipino staff so they can impart our best practice training methods we've developed over the years. This is to ensure that you don't have to spend time training up Felcorp Filipino staff. We will do this all internally on your behalf.




4. Office Set up Timeline

The office is tentatively set for opening between July and September 2024.


However, we are taking staff orders for now as we can immediately open a modern serviced office while we sort out our commercial premise.

Division Role Aus Experience 1st Month Trial Offer Normal Monthly Fees
Financial Planning Admin Support 1-4 $1,100 $3,025 -$3,960
Financial Planning Paraplanner 3-6 $1,100 $4,400 - $5,225
Accounting Admin Support 1-4 $1,100 $3,300 - $3,960
Accounting Tax Accountant 3-6 $1,100 $4,400 - $5,225
Mortgage Broking Admin Support 1-4 $1,100 $3,300 - $4,400


5. Staffing Fee Table

Felcorp Filipino staff will have similar or identical costs to Felcorp India.


Below is an estimated fee pricing table for Felcorp Filipino staff. All prices include GST and are AUD.



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