AdvicePay Financial Advisor Community Blog

How Fee-For-Service Billing Keeps Clients Fully Invested For the Market Recovery

August 26, 2022 By: Bill Winterberg, CFP®

Stock market declines are a part of the long-term investing process, and unfortunately, nobody can consistently predict when and by how much the next significant drawdown will be. 

Financial professionals encourage long-term investors with prudent advice...

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

How to Create an Annual Client Service Calendar for Financial Planning Engagements

July 14, 2022 By: Bill Winterberg, CFP®

The adoption of the fee-for-service financial planning model is changing the dynamics of business operations inside wealth management firms. As low-cost online automated investment services have increased competition for portfolio management and asset...

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

How to Charge for Fee-for-Service Financial Planning 💵

July 07, 2022 By: Bill Winterberg, CFP®

The financial services industry is constantly evolving, and one of the evolutions underway right now is the rapid growth of the fee-for-service financial planning business model. For more than 80 years, financial professionals have been charging clients...

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

Services You Can Provide Under the Fee-for-Service Model

June 09, 2022 By: Bill Winterberg, CFP®

As your firm introduces fee-for-service financial planning to your clients, you may be considering a variety of services to offer that align with your areas of expertise as well as the interests of clients. This overlap is known as the product-market...

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

3 Reasons to Sign Up for AdvicePay Before the New Year

December 21, 2021 By: Isabelle McGrail

Here at AdvicePay, we know that the time between Thanksgiving and New Years can be incredibly busy. Many of us are taking vacation, traveling, and trying to wrap up projects before the end of the year. 

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Topics: User Experience

Our Top 5 eSignature Tips and Tricks

December 03, 2021 By: Ashley Rumschlag

Who has time to fill out specific payment information on financial agreements, track every single signature obtained on documents by your clients, and then also remember to send the payment request? Maybe some, but if we're being honest...who really...

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Topics: User Experience, Integrations

Feature Release: Major Enhancements to the Enterprise Platform

September 17, 2021 By: Mary Moore

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...

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Topics: Feature Releases, User Experience, Enterprise

Webinar Replay: Fee Calculator Demo

September 10, 2021 By: Andre Brown

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...

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Topics: User Experience, Fee-For-Service

5 Q&As About What Your Clients Experience in AdvicePay

June 30, 2021 By: Erika Madden

As a financial advisor, you want to provide your clients with responsive service, proactive communication, and an overall exceptional experience. A critical piece of ensuring that your clients are delighted is knowing both what your clients experience in...

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Topics: User Experience, Client Relationships

Five AdvicePay Features We Love

February 12, 2021 By: Ashley Rumschlag

As disappointing as it is to open that Russell Stover's box and be confronted with a few sad fruit filled chocolates, it's even worse to deal with disappointing results around your billing and payment solution. So, in the spirit of sharing the love this...

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Topics: User Experience