AdvicePay Financial Advisor Community Blog

6 Questions to Address with Your Billing & Payment Solution as a Financial Advisor

August 23, 2021 By: Lana Dalton

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...

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Topics: Compliance, Practice Management, Fee-For-Service

How to Confidently Communicate the Value for the Fee That You Charge

August 12, 2021 By: Lana Dalton

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!)

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Topics: Practice Management, Client Relationships

Building a Client Services Calendar

July 27, 2021 By: Lana Dalton

As a financial advisor, how confident are you that your clients understand and appreciate the complete value of your services? If a question like this makes you nervous, you’re far from alone. According to a recent study, clients ranked the value they...

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Topics: Practice Management, Fee-For-Service

Services You Can Provide Regularly to Clients Under the Fee-For-Service Model

July 20, 2021 By: Honor Randall

It’s no secret that the financial industry has evolved leaps and bounds over the last few decades. We’ve said “so long!” to the days where clients look to financial professionals just to help them pick and choose stocks on their behalf. Nor do people...

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Topics: Practice Management, Fee-For-Service

Standout Quotes From our Webinar,"Scaling Financial Planning Into a Revenue Center for Your Enterprise"

June 24, 2021 By: Shannon Beck

The financial planning business model is swiftly evolving. Gone are the days of when it was a time-consuming and complex loss-leader! In 2021 it is now being powered by advanced technology to become a highly lucrative fee-based revenue stream.

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Topics: Compliance, Retainer Model, Practice Management, Fee-For-Service

The Non-AUM Clients You Should be Working With

June 18, 2021 By: Honor Randall

In the past, I’ve written about incorporating fee-for-service offerings for existing AUM clients as a way to add flexibility to your fee structure and drive revenue. From Quickstart Sessions to 401(k) advice, there are a number of ways you as an...

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Topics: Practice Management, Fee-For-Service

Why Spreadsheets Only Work for So Long

June 10, 2021 By: Honor Randall

Over at AdvicePay, our entire team has been buzzing about the launch of our newest feature: Deliverables

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Topics: Practice Management, Enterprise

Building Trust as a Financial Advisor

May 28, 2021 By: Lana Dalton

Trust is a financial advisor’s most valuable asset. Building trust in every step of a client’s journey from the very beginning of the relationship creates a long-lasting and authentic partnership. With an ever-changing financial advisory landscape in...

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Topics: Practice Management, Client Relationships

Attracting New Talent to Your Firm Using AdvicePay

May 26, 2021 By: Honor Randall

The world is a much different place than it was five or ten years ago. Really, a lot has changed in just one single year. Technology’s already quick takeover saw an immediate uptick when so many companies went remote due to COVID-19. Although the dust...

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Topics: Practice Management, Fee-For-Service, Enterprise

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...

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Topics: Practice Management, Fee-For-Service