Enterprise Solutions

AdvicePay for Enterprise

Enable your advisors to bring more fee-for-service financial planning into your organization's revenue mix with scalable and efficient workflows, up-to-date compliance management, and intuitive portals for optimal advisor and client experiences.

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Support Fee-For-Service Financial Planning Revenue Models For Your Advisors

More and more firms are making the move to include innovative new financial planning fee-for-service business models to extend their reach beyond traditional AUM clients, and provide new and existing advisors with sustainable recurring financial planning fees to build their practices and serve younger clientele profitably. For established advisors who aren't looking to completely reshape their practice, fee-for-service financial planning allows them to create a new revenue stream for services they're likely giving away for free.

Incorporate fee-for-service with AdvicePay

Operationalizing a large volume of financial planning fees includes a few significant shifts, though, including key changes to billing, collections, and payment processing when not leveraging existing commission payment systems or AUM billing tools. That's where AdvicePay comes in:

Easy Payment Processing

No more checks! Enable clients to pay by ACH or credit card for simpler payment processing, faster revenue cycles, and reduced payment failures.

Confident Calculations

Provide greater confidence for advisors to charge their full value with the AdvicePay fee calculator.

Simple and Customizable

Streamline billing and payment for advisors while maintaining customizable Home Office compliance controls.

Branded Client Experience

Provide an intuitive client experience with a white label portal, powered by AdvicePay.

Incorporate fee-for-service with AdvicePay

Operationalizing a large volume of financial planning fees includes a few significant shifts, though, including key changes to billing, collections, and payment processing when not leveraging existing commission payment systems or AUM billing tools. That's where AdvicePay comes in:

Easy Payment Processing

No more checks! Enable clients to pay by ACH or credit card for simpler payment processing, faster revenue cycles, and reduced payment failures.

Confident Calculations

Provide greater confidence for advisors to charge their full value with the AdvicePay fee calculator.

Simple and Customizable

Streamline billing and payment for advisors while maintaining customizable Home Office compliance controls.

Branded Client Experience

Provide an intuitive client experience with a white label portal, powered by AdvicePay.

Ready to see how it works?

Have a question? Talk with an expert!

Manage Your Firm

Whether setting structured fees, customizing invoices, accounting for what's been billed and paid, or managing a team of advisors, AdvicePay Enterprise is ready to provide your organization with intuitive, customizable support.

Maintain full visibility and access to billing, while retaining control through flexible internal permissions and approvals.

Managing compliance is a chief concern for every firm. That is why AdvicePay was built from the ground up with compliance in mind. AdvicePay is the only billing and payment solution designed exclusively to serve the financial advisory industry. That means when state, SEC, or FINRA regulations change, our platform adjusts. Ensuring that processes and procedures remain current with ever-changing state and Federal rulings and regulator preferences is an important job.

AdvicePay supports the work of Compliance Officers and Compliance Managers by enforcing workflows for their Representatives designed to meet regulatory guidelines and equip organizations to report on all activities when an audit is requested. Clients input their own payment information, avoiding the representative or firm having custody-triggering access. In addition, clients must approve all invoice payments and subscriptions, which restricts an advisor's ability to bill clients without their permission. You'll never have to worry about your representatives handling paper checks again!

AdvicePay maintains a proactive approach to protecting the account and financial information of firms, advisors, and clients. From the cloud-based services we utilize, to our testing and maintenance approach, we're committed to providing a platform that leverages state of the art security measures. 

Our payment processor Stripe is PCI DSS Level 1 Compliant, the highest level of compliance certification available to payment processors. All data at AdvicePay is encrypted and secured, to ensure your client information never falls into the wrong hands. We are happy to complete your firm's due diligence to provide your firm peace of mind.

We never store any payment information on the AdvicePay database. So, no one has to worry about their information being compromised

Diversify Your Financial Planning Revenue Mix

Integrating innovative, new fee-for-service models to diversify your revenue mix is a key business development project for more and more financial planning firms. There are great reasons why AdvicePay is a worthy partner as you aim to expand your financial planning revenue and the breadth of clients you serve.

Increase market reach with next-generation clients

Extend your business beyond retirees when you integrate innovative new fee-for-service financial planning with efficient workflows to manage fee-only billing and payment for next-generation clients. Open up new ways to engage young clients with lasting financial planning relationships while they build wealth.

Gain operational and billing cycle efficiency

Chasing paper checks can take 45+ business days from the time the client provides payment to the advisor being paid. AdvicePay's reduces this processing time by more than 75% and provides visibility of payment status to advisors and managers throughout the process.

Facilitate More Financial Planning Fees And Enable Recurring Subscription Fees

Reduce your organizational dependency on commissions and AUM fees by expanding into one-time and recurring financial planning subscription fees. Learn more about how you can expand your client pool, add flexibility to your fee structure, and innovate in your service offerings with AdvicePay.

Streamline your workflows

Manage all of your client agreements, payment agreements, and payments (and their status) in one place. AdvicePay's eSignature integration allows you to upload your own documents, request signatures, and issue invoices - all in one workflow.

Consolidate Your Technology

AdvicePay offers enterprises with a secure API so that you can achieve integration of your system and AdvicePay to create a seamless experience for home-office, advisors, and clients. Your developers can use it to automatically create users in AdvicePay as they are added in your systems, as well as to dynamically pull invoices and agreements from AdvicePay so they can be saved within your chosen document storage solution.

Functional API

Automatically add advisors

Audit log

Send client agreements for signature with an invoice with eSignature

Pull transaction data into your compensation grid

Group your advisors the way you see fit

Seamlessly integrate the AdvicePay platform with the tools your firm already uses.

Charles Schwab
Redtail Logo
Hello Sign
Veo One
Orion Advisor Tech
Wealthbox logo

The AdvicePay Experience

Adding another tool to your tech stack can be a lot to consider. That's why AdvicePay Enterprise can integrate deeply with your existing technology stack, and includes support for your home office operations, advisors, and their clients.

AdvicePay Enteprise Device Image

Home Office Experience

Home Office Portal

Dedicated Relationship Manager*

Custom Training & Webinars*

Multiple Advisor Management

Invoice Approvals (optional)

*Contingent on enterprise plus contract

Advisor Experience

Customizable Billing Options

Advisor Portal

Personalized Customer Support

Access to Industry Integrations

eSignature

Advisor Knowledge Base

Compliant Workflows to avoid custody

Client Experience

Customizable Client Portal

Client Communication Emails Sent from AdvicePay

Personalized Emails and Invoices

Customer Support Team

Client Knowledge Base

Learn how other firms are growing with AdvicePay.

Learn how other firms have utilized AdvicePay to add flexibility to their fee structure and expand their client pool.

Jessica Rorar

"If your process today is collecting physical checks for fee-for-service OR if you are thinking of starting a fee-for-service model, AdvicePay is the answer from both a convenience and efficiency standpoint."

Enterprise Resources

Curious to learn more about AdvicePay? Check out these resources designed to help you scale the fee-for-service aspect of your business.

Are you ready to grow with AdvicePay?

Designed to provide firms with the management structure, controlled visibility and settings needed to oversee multiple advisors and their clients, AdvicePay for Enterprise makes it possible.

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