Fee Billing
Yes, fee billing can be this flexible.
Make revenue loss and compliance headaches into ancient history. Get simplified, efficient, and full-service fee billing all in one place (our platform).
Flexible.
Control how and when you get paid, and easily customize billing for both common and unique circumstances.
Efficient.
Save time on fee calculations and data reconciliation with complete-in-minutes workflows.
Compliant.
Ensure your billing is mistake-free, trackable, and ready for audit at any time.
Wrap up every aspect of billing, right here.
Meet our comprehensive suite of in-house tools.
Custom schedule setup.
Bill on terms that work for you and your clients—AUM-based, hourly, flat fees, one-off invoices, or any combination thereof.
Tailored exceptions and minimums.
Easily exclude accounts at the household level and specify rules for minimums and maximums.
Advisory fee reporting.
Stay audit-ready and ensure accuracy for executed and unexecuted invoices broken down by account—accessible with just a few clicks.
Full-service invoicing.
Generate co-branded invoices by adding your logo, then automate delivery of invoices via email or client portal. Overall, meet all of your billing needs, the simplified and secure way.
Let’s work together.
“
If I could tell advisors that are nervous to transition one thing: with Altruist, it’s not what you are used to. It’s a whole new world.”
Tyler Purcell, Balance Wealth
This testimonial was given by a current client. Neither Altruist nor its affiliates paid for this testimonial, but we do earn revenue from financial advisors who use our software, from assets invested through our broker-dealer (Altruist Financial LLC) and assets using services made available by our registered investment adviser (Altruist LLC). The promoting advisor received compensation or other benefits from Altruist through the promoting advisor’s participation in one or more of Altruist’s various programs, which created a conflict of interest on the promoting advisor’s part and may have influenced the view(s) expressed by the promoting advisor. David Hicks has a personal investment in Altruist Corp which presents a conflict of interest due to them potentially benefitting financially from the company’s success. This relationship may influence their statements. For more details on program compensation and benefits and related conflicts of interest, please visit altruist.com/RIA-testimonial. For additional information about the promoting advisor’s conflicts of interest when expressing its views about Altruist or Altruist’s affiliates, please see the promoting advisor’s advisory program brochures, available at https://adviserinfo.sec.gov/. This testimonial may not represent the experience of others and it is not a guarantee of results.
Frequently Asked Questions
Can I bill all household fees to one account?
Yes. You can tailor bills to pull from whichever account your clients prefer. You can bill all household accounts or bill them all to one specified account.
Can I do a one-off invoice?
Yes. Easily generate one-off invoices for one-time consultations, ad hoc expenses, financial planning meetings, and unique services outside of your normal fee structure.
How can I share invoices with my clients?
You’ve got options: prepare billing documents for in-person meetings, share via email in a few clicks, or send them directly through the Altruist Client Portal.
How does your advisory fee reporting work?
You can run advisory fee reports for both executed and unexecuted invoices. See fees broken down by account, billing period, and more.
Do you create the invoices?
Yes, using the parameters you’ve set, we generate professional, detailed, client-ready, easy-to-understand invoices.
How frequently can I create invoices?
You choose. Easily set up monthly, quarterly, or annual invoice schedules.
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