AdvicePay Financial Advisor Community Blog

A Guide to AdvicePay's Small Features that Pack a Big Punch

November 12, 2019 By: Honor Randall

Above all else, my passion in life is efficiency. I go out of my way to memorize keyboard shortcuts and I’ve been using the same color coding system since middle school. That being said, I know it’s natural to feel like taking time to master the small...

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Topics: Practice Management

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....

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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...

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Topics: Practice Management

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...

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Topics: Practice Management

How You Provide Value

August 23, 2019 By: Honor Randall

Whether serving younger generations through the fee-for-service model is your core business or you’re diving in for the first time, you’ve likely noticed a shift in the industry to include this model as a growing part of financial practices. As this...

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Topics: Practice Management

The "Why" Behind AdvicePay's Fee Calculator

July 30, 2019 By: Lucy Robeson, CFP®

The financial services industry has seen changes over time in how advisors get paid, moving from commissions to assets under management (AUM) to the recent shift toward fee-for-service.

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Topics: Practice Management

When to Speed Up and When to Slow Down: 10 Ways AdvicePay Makes Life Easier for You and Your Clients

June 13, 2019 By: Lucy Robeson, CFP®

Efficiency matters, both to you and your clients. Knowing when to maximize efficiency and when to slow down is important in doing your best work, in all aspects of life.

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Topics: Practice Management

Who Can You Best Serve Under the Fee-For-Service Model?

April 22, 2019 By: Lucy Robeson, CFP®

If you’ve decided to enhance your business by adding the fee-for-service model to your financial advisory firm, congratulations! You are staying up-to-date with the latest industry trends and are taking the initiative to explore new frontiers, which...

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Topics: Practice Management

How Electronic Signatures Can Improve Your Efficiency (Even More Than You Might Think)

March 28, 2019 By: Lucy Robeson, CFP®

Many advisors have already adopted electronic document signature tools for their practice to some degree, and this has been a huge win for accuracy and convenience when it comes to processing agreements. Chasing paper agreements (and paper checks) can...

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Topics: Practice Management, User Experience

10 Operations Tips You Can Start to Implement Right Now

March 15, 2019 By: Lucy Robeson, CFP®

Improving Your Business Through Operations

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Topics: Practice Management