AdvicePay Enterprise User Blog

Using Tiered Service Offerings for Fee-For-Service Financial Planning

May 28, 2020 By: Honor Randall

It’s no secret that there are a few ways to price your fee-for-service offerings. One potential solution for your practice is to offer different service tiers that align with clients’ goals, needs, and budgets.

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Topics: Practice Management

Benefits of the AdvicePay Client Portal

May 20, 2020 By: Honor Randall

One unique feature of AdvicePay is that your clients don’t have to set up a client portal to make payments. While we offer this flexibility to make it simple for clients (and to accommodate those who just don’t want another set of log-in credentials),...

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Topics: User Experience

How Often Should I Bill My Clients?

May 13, 2020 By: Honor Randall

AdvicePay may make it easy for your clients to make automatic recurring payments, but you’ll still need to decide what frequency -- monthly, quarterly, or semi-annual -- works best for you and your clients. While it’s certainly important to take your...

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Topics: Retainer Model, Practice Management

New Enterprise Feature: "Offices"

May 01, 2020 By: Mary Moore

As your company grows, we know that it’s even more important to stay organized and to increase efficiency. That’s why we’ve spent the last few months working on Offices in AdvicePay. Offices allow you to group your advisors the way you see fit, all...

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Topics: Feature Releases

Presenting a Financial Plan Virtually

April 03, 2020 By: Honor Randall

As working from home becomes the new norm and social distancing recommendations are being extended further out, it’s a great time to prepare yourself to present financial plans virtually. Meeting via web-conferencing software, especially if it’s not...

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Topics: Practice Management

How to Position Fee-For-Service with Existing Clients

March 24, 2020 By: Honor Randall

AdvicePay co-founders, Alan Moore and Michael Kitces, opened up on all things AdvicePay earlier this year in their “Ask Me Anything” session. One popular question they answered was “How would you position the fee-for-service option with existing...

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Topics: Practice Management

Communicating With Clients During Rocky Times

March 16, 2020 By: Honor Randall

During rocky times, advisors may feel the worry of their whole client base. The silver lining in a stressful situation is that your value as a financial planner can be showcased. You have an opportunity to listen, communicate, and guide clients...

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Topics: Practice Management

How You Provide Value

March 05, 2020 By: Honor Randall

The fee-for-service model lets the advice become front and center to your relationship with your clients, but it can sometimes feel like a hurdle when it comes to showing the value you provide in exchange for an ongoing fee. So how can you effectively...

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Topics: Practice Management

SUCCESS STORIES: VALMARK FINANCIAL GROUP®

January 24, 2020 By: Honor Randall

For three generations, Valmark Financial Group® has been at the forefront of the financial services industry, working exclusively with successful entrepreneurial wealth transfer and wealth management firms to meet the unique and changing needs of...

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Topics: Case Studies