Earlier this month, we had the opportunity to sit down with industry experts Michael Kitces and Bill Bachrach for a conversation all about fee-for-service.
Webinar Replay: A Conversation with Michael Kitces & Bill Bachrach
Topics: Practice Management, Fee-For-Service, Client Relationships
As you are starting to get your financial planning practice up and running, creating consistent workflows for business processes will be one of your top priorities.
When your business starts to grow and you add more staff and advisors, the number of...
Topics: Fee-For-Service, Client Relationships
Tips from a Happiness Hero: How to Transition Your Clients to AdvicePay
Topics: Client Relationships
You may have noticed that we didn’t have any release notes last month! This is because our Engineering team had their heads down performing some code wizardry to deliver some BIG enhancements to our Enterprise platform. (We didn’t want to spoil the...
Topics: Release Notes
How to Retain Generational Wealth Through Fee-for-Service Offerings
“Generational wealth.” If the term seems familiar, it’s no surprise! This buzzword has taken over headlines within the financial space in recent months, and it shows no signs of fading. But what exactly does it mean, and why is it worth your attention?
Topics: Fee-For-Service
In the financial services industry, no one is a stranger to the word compliance.
While researching how to stay compliant as a financial advisor, you’ll usually find long-winded, overwhelmingly complex descriptions of what is required to be in compliance...
Topics: Compliance
Managing the many process components of fee-for-service financial planning as volume grows is increasingly challenging for Enterprise home offices. Firms must track and confirm a myriad of moving pieces, such as: Is there a completed agreement on file...
Topics: Feature Releases, User Experience, Enterprise
Having confidence in how fees are calculated is a top priority for financial advisors. That's why we have a fee calculator within our app to allow advisors to calculate their fees -- and even tie them to a client’s invoice! This powerful tool allows you...
Topics: User Experience, Fee-For-Service
6 Questions to Address with Your Billing & Payment Solution as a Financial Advisor
When starting out as a financial planning professional, getting paid is unquestionably one of the top priorities when establishing your business. It is key to properly vet solutions that allow you to send out invoices seamlessly, allow your clients to...
Topics: Compliance, Practice Management, Fee-For-Service
How to Confidently Communicate the Value for the Fee That You Charge
As you are getting prepared to onboard with a new client, you likely have every note in order and all paperwork expertly prepared. (After all, processes and preparedness make all the difference in communicating professionalism to your clients!)
Topics: Practice Management, Client Relationships