AdvicePay Financial Advisor Community Blog

How Often Should I Bill My Clients?

May 18, 2021 By: Lana Dalton

Here at AdvicePay, we genuinely believe in the fee-for-service planning model and how it can successfully grow and scale your business. More and more, we are seeing that clients want advisors to justify their fees and provide more value than just...

Read More

Topics: Practice Management, Fee-For-Service

April 2021 Release Notes

May 04, 2021 By: Lana Dalton

April showers bring...Salesforce additions, Deliverable for Enterprise, and a multitude of other feature enhancements! That’s how it goes, right? 

Check out our full roundup of everything new in AdvicePay and get a sneak peek at what is just around...

Read More

Topics: Release Notes

5 Things People Get Wrong About Fee-For-Service

April 29, 2021 By: Honor Randall

While the fee-for-service revolution continues to change the landscape of financial planning, many advisors aren’t quite sure how to incorporate it seamlessly into their practice. It can seem daunting to change your current way of doing business, or...

Read More

Topics: Practice Management, Fee-For-Service

Celebrating Five Years of AdvicePay

April 26, 2021 By: AdvicePay

We started AdvicePay in 2016 after spotting a gap in the financial advising world — the need for a streamlined, compliant, secure way for advisors to get paid for their advice. Five years later, more than 3,700 financial advisors use AdvicePay, and we...

Read More

5 Common Sales Mistakes to Avoid as a Financial Advisor

April 23, 2021 By: Isabelle McGrail

As a financial advisor, selling yourself is a considerable portion of your job. While selling yourself can sometimes feel daunting and involve continual shifts in strategy, you can expedite your journey to perfecting your sales approach by identifying...

Read More

Topics: Practice Management, Client Relationships, Sales

The "Why" Behind Deliverables for Enterprise

April 20, 2021 By: Cassie Jackson

In 2019, we launched the Enterprise Platform of AdvicePay. As we continued developing and customizing the platform, we started to hear a recurring request from many firms looking into onboarding with AdvicePay. They needed a way to collect planning...

Read More

Topics: Feature Releases, Fee-For-Service, Enterprise

How to Charge for Fee-For-Service Financial Planning

April 14, 2021 By: Lana Dalton

Are you considering switching or adding fee-for-service planning to your practice? Or have you recently transitioned to become fee-only? The freedom to set your upfront and recurring fees is a huge benefit but can also be daunting if you are just...

Read More

Topics: Practice Management, Fee-For-Service

New Feature Release: Deliverables for Enterprise

April 07, 2021 By: Mary Moore

From the very start, we built AdvicePay to address the unique compliance issues enterprises face when utilizing a fee-for-service model as part of their business. Operationalizing and scaling a large volume of recurring financial planning fees can be...

Read More

Topics: Feature Releases

March 2021 Release Notes

April 05, 2021 By: Lana Dalton

In this month’s release notes, we are bringing you an exciting update: you can now export your client list with your client’s information and attributes. Read more about this and other AdvicePay improvements in our release notes below (plus, if you...

Read More

Topics: Release Notes

Reasons Why the Fee-For-Service Model Will Help You Grow Your Business

March 25, 2021 By: Lana Dalton

As the financial planning industry is continuously evolving, which has been amplified in response to the pandemic and a rapidly growing number of clients in the X and Y generations, the monthly retainer model has become the preferred fee structure for...

Read More

Topics: Practice Management, Fee-For-Service