AdvicePay Financial Advisor Community Blog

Fee Increase Success: Cumbie Advisory Services, Inc.

October 22, 2019 By: Honor Randall

Implementing fee increases can be a considerable challenge for financial advisors. However, since the cost of doing business rises every year, it is important that you also get your clients in the habit of paying an additional percentage each year. Plus, it is a lot easier on your clients to accept an annual increase of 3%, rather than a 15% increase five years down the road. 

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Topics: Practice Management, User Experience

Having the Fee Increase Conversation

October 18, 2019 By: Honor Randall

As the end of the year approaches, it may be time to consider adjusting your rate, even if it’s just a small increase for your clients. Maybe you’re ready to add new planning tools to your firm, or maybe you’ve grown drastically and now it’s time to hire on a new team member to help service your clients. Automatic fee increases, or fee escalations, can be a great solution to maintaining a positive cashflow as your business grows. 

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Topics: Practice Management

Feature Release: Auto Fee Escalation

October 17, 2019 By: Mary Moore

We are thrilled to be releasing our newest feature release -- auto fee escalation. That's right, we have added the ability for you to effortlessly (and compliantly) increase your client's subscription fee each year by adding an automatic fee escalation!  

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Topics: Feature Releases

Overnight Innovation: Ship-It Day

October 09, 2019 By: Shannon Beck

 

At AdvicePay, we are always looking for new ways to challenge ourselves and improve our current processes. One way we accomplish this is by hosting a "Ship-It Day" twice a year. 

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Behind The Scenes: What Happens When You Report an Issue to AdvicePay?

October 07, 2019 By: Isaac Noda

 

Why do issues happen in the first place?

In the engineering world, we have a parody of the classic “99 Bottles of Beer” song: “99 little bugs in the code, 99 little bugs in the code. Take one down, patch it around, 117 little bugs in the code!”

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Topics: User Experience

September 2019 Release Notes

October 04, 2019 By: Erika Madden | Happiness Hero

 

We're officially beyond a full week into fall and it is time to take stock of all that happened this past month. We launched several improvements, new features, and even an integration in September. 

Scan our full blog post below get info on all of September's new features, improvements, and integrations. 

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Topics: Release Notes

New Feature Release: Redesigned Client Portal

September 26, 2019 By: Mary Moore

After months of hard work, we are excited to announce we have completely redesigned the client portal in AdvicePay — and it is better than ever!

We have made it easier for your clients to manage eSignature contracts, make payments, manage past invoices and subscriptions, and even made the entire experience mobile-friendly. Admittedly, we went all out -- we were on a roll! Get all the details below.

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Topics: Feature Releases

New Tech on the Block

September 23, 2019 By: Honor Randall

I’m a self-proclaimed raving fan of ‘80s and ‘90s television. Thanks to the modern era, many of the shows I vaguely remember in the background of my childhood have become staples in my household. I laugh as I stream “Cheers”, the ‘80s bar comedy, and Sam Malone sits in his office with a mostly-empty desk -- no computer in sight. Things are much different now as software, apps, and programs are the essentials to modern work.

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Topics: Practice Management

Announcing the AdvicePay and Wealthbox Integration

September 18, 2019 By: Mary Moore

At AdvicePay, it is our goal to streamline your existing processes, make your workflows more efficient, and make sure you are giving your clients the best experience possible. With our new integration with Wealthbox, we have taken that goal to the next level.

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Topics: Feature Releases

New Feature Release: Subscription Management

September 16, 2019 By: Mary Moore

At AdvicePay, we realize that efficiency matters, to both you and your clients. That is why we have made managing your subscriptions effortless!

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Topics: Feature Releases