Billing software for financial advisor owners

Financial advisor billing software

Your quarter end is forty fee runs that all have to happen in the same week. Smarfle holds each client's fee basis so the whole quarter bills as one process, and keeps flat retainers moving on their own monthly cycle.

7 days free · No credit card · Built in Florida

Smarfle · Financial Advisor Recurring Billing
Next 30 days

$8,420

Active subscriptions

47

Upcoming auto-charges

Acme Office Park

Monthly maintenance

$485

in 3 days

Riverside Apartments

Quarterly service

$1,200

in 12 days

Downtown Plaza

Monthly recurring

$320

in 18 days

West End Hotel

Bi-weekly contract

$680

in 5 days
Auto-charge enabled · Stripe Connect0.5% platform fee

Real Smarfle UI · Live data from your financial advisor CRM

Why generic billing software fails financial advisor owners

Generic billing tools weren’t built for financial advisor. Smarfle was.

Generic billing software

What everyone else gives you

  • Quarterly fees are raised by hand, so they go out late in busy quarters
  • Flat monthly retainers are billed inconsistently across the book
  • Planning fees are collected a month after the plan was delivered

Smarfle for financial advisor

Built for your actual workflow

  • The stored card is charged on the quarterly cadence held with the client
  • Each client's fee basis drives the whole quarter as a single run
  • Planning work bills at completion against the arrangement already on file
Step-by-step

How financial advisor billing works in Smarfle

From the first touch to the closed loop. No missing pieces.

  1. 1

    The fee basis is recorded on the household

    How the charge is calculated and how often is held on the client, so a quarter end becomes one process rather than forty separate decisions.

  2. 2

    The period's figure is entered once

    The number driving the fee comes in from your portfolio system at quarter end, and every document is produced from it in the same pass.

  3. 3

    Charges go out together

    The entire book is produced and delivered in a single pass, so quarter end becomes something a principal reviews rather than something the practice grinds through.

  4. 4

    Flat arrangements run on their own dates

    A household on a monthly retainer charges independently of the quarterly cycle, so neither one ever waits on the other.

  5. 5

    Disclosures travel with the charge

    The documentation that has to accompany a fee is attached to the same send, making compliance part of billing rather than a second task afterwards.

Where financial advisor billing breaks down

The friction every financial advisor owner recognizes.

✕

The fee depends on a number from somewhere else

A quarterly charge is a percentage of a balance held at a custodian. Getting that figure, applying it and raising the document is three systems and one person under time pressure.

✕

Flat-fee households are billed inconsistently

A client on a monthly arrangement pays whenever somebody raises it. Across a book, a quarter of them are always behind, and it is never the same quarter twice.

✕

The relationship is decades and the billing is quarterly

Four moments a year where money is discussed with somebody who trusts you with everything else. Each one raised by hand is another chance to get it slightly wrong.

The math for financial advisor owners

Quarter end, forty calculations

A percentage of a balance is simple once and painful forty times. Hold the fee basis on the client so the quarter runs as one process, and keep flat retainers on their own monthly cadence.

140

Households billed

3-5

Days to clear a run

All

Done by hand

Based on typical financial advisor operations. Your numbers may vary.

Financial advisor billing software questions

Enter the period's figure and let it charge on the cadence held with the client. There is no custodian connection, no balance feed and no account debiting, so the number comes from your portfolio software.
Yes, against a card on file on its own date. It is the version that survives a busy quarter, which is exactly when a manual run gets postponed.
At delivery, from the client record. A plan handed over and billed six weeks later is billed at the point the household has stopped thinking about it.
You calculate the amount and raise it as its own service at that figure. There is no performance calculation in Smarfle, and it would be wrong for it to print one it did not compute.
No. Account deduction happens through your custodian. Smarfle raises and delivers the fee document with a way to pay, which covers the planning and retainer work custodians do not handle.

Moving your financial advisor billing software off another tool?

Most financial advisor businesses arrive at Smarfle from one of the tools below. See a side-by-side comparison.

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