AdvicePay

What is AdvicePay?

AdvicePay is a billing service that allows users to handle payments and ensure compliance in the realm of fee-for-service financial planning. Designed exclusively to support financial services firms and their advisors, the platform offers streamlined workflows that enhance efficiency and enable seamless management of fee-for-service financial planning revenue. Everything needed for compliance and data security is integrated into a unified platform, making it an invaluable tool for financial professionals.

Advisors gain the capability to effortlessly bill and receive financial planning fees directly from clients' credit cards or bank accounts through ACH transactions. The platform goes a step further in ensuring compliance with RIA (Registered Investment Adviser) custody regulations. It provides a dedicated portal for clients to input their payment details, review invoices and payments, and confirm any billing changes, thereby maintaining transparency and adherence to regulatory standards.

Why Choose AdvicePay?

• The billing software securely processes payments from clients through a variety of methods, including credit cards, debit cards, and ACH transfers.
• It helps financial planners comply with all applicable RIA regulations, including Form ADV filing and investment advisory contract review.
• The platform allows clients to electronically sign invoices and other documents, saving time and paper.
• It provides financial planners with real-time payment tracking so they can always see the status of their clients' payments.

Functionalities of AdvicePay

• The billing software offers an online client portal for clients to view their invoices, make payments, and update their profile information.
• It allows users to quickly set up and manage subscription-based payment plans for ongoing financial planning services.
• It allows users to pull transaction data seamlessly into their compensation grid for accurate and efficient management of financial transactions.
• The billing software allows users to track the status of open, past due, and completed deliverables efficiently.

Benefits of AdvicePay

• The billing software allows users to make individual, one-time payments for financial planning services securely and conveniently.
• It provides financial planners with performance-tracking tools to track their revenue and growth.
• It facilitates fund transfers seamlessly within the platform to ensure a secure and efficient financial transaction experience.
• The platform facilitates the easy processing of checks through its Online Check Deposit feature.

Pricing of AdvicePay

AdvicePay price in the United States starts at $10 on techjockey.com. It comes with multiple pricing plans and caters to a diverse customer base.

For subscription-related details and offers on premium packages, please request a call back from our product experts.