Independent Financial Partners Selects Redi2 for Fee Billing, Revenue Management Solutions Independent Financial Partners, an SEC-registered investment advisor, and soon-to-be broker-dealer, has selected Redi2 Technologies as their provider of hosted fee billing and revenue management solutions. Redi2 delivers a number of services through their Wealth Manager Enterprise solution to IFP advisors, including simplified client billing, transparent fee disclosures, an enhanced online experience and much more. At the core of their technology, Redi2 strives to improve each client interaction through quality design and a progressive software development life cycle.
Being audited is stressful enough—don’t let your billing process add alarm. BillFin is committed to helping advisors calculate and collect accurate management fees from their clients while helping you understand the fee billing process. This is a continuation of a six-part series discussing the risk alert issued by the SEC last April noting six common errors found in reviewing financial advisors’ fee billing and compliance. Continue reading for details on how BillFin helps with fee rates.
Founder and Managing Member of Rapport Financial At prior RIA firms, we used Excel spreadsheets for calculating quarterly billing and generating invoices. But this is both time consuming and cumbersome with different fee schedules, clients joining your practice mid-quarter, prorated billing, etc. What I really like about BillFin is that once it’s all set up and you learn the user interface, you’re