Whether setting firm-wide financial planning fees, customizing invoices for individual engagements, accounting for what's been billed and paid, or managing a team of advisors offering fee-for-service financial planning, 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 we’re built to comply with the myriad of industry regulations, and 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.

We will show you how to do fee-for-service compliantly and give you all the compliance tools necessary to verify financial planning deliverables. With AdvicePay Deliverables, you can scalably review deliverables in real-time, and throw out that spreadsheet for good! Avoid the risk of regulatory fines, and provide validation to regulators that the plan was delivered for the fees that were charged.

AdvicePay supports the work of Compliance Officers and Compliance Managers by enforcing workflows for their Representatives designed to meet regulatory guidelines and providing tools for oversight. You will feel confident that things are not falling through the cracks -- be able to easily review every plan, not just a sampling of them.

AdvicePay equips 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.

AdvicePay has completed the SOC II Type 2 examination and audit. A SOC 2 audit provides an independent, third-party validation that a service organization’s information security practices meet industry standards stipulated by the AICPA. This Attestation of Compliance is widely known as the industry benchmark for SaaS businesses and the most stringent examinations of an organization's security controls, policies, and procedures, and we are proud to exceed customer expectations when it comes to protecting their data.

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.