Financial Advisor Compensation Software
Numerous registered investment advisories of all sizes – from startups to Forbes top 100 – use AdvisorBOB to calculate advisors’ compensation, send payouts, and manage their business.
Compensation Solutions in One Interface
Our Services
The financial advising industry is evolving–the RIA compensation process should be, too. With AdvisorBOB, the days of using spreadsheets to calculate advisory fees, commissions, and expenses are over. Our revolutionary financial advisor compensation software will modernize and simplify your firm’s compensation process.
Advisor Compensation
Handle all aspects of the Registered Investment Advisors compensation process in one place.
Custodial Billing
Aggregate and bill all your advisor’s custodial data in one location.
Adjustments
Issue debits and credits on a one-time, monthly, quarterly, semi-annual, and annual schedule
Reporting
Create and view book of business reports for both the advisor and firm
Financial Plans
Keep track of all one-time and recurring consulting agreements or financial plans
Fee Details
Get line-item level detail of all an advisor’s revenue streams aggregated in one location.
By Financial Advisors for Financial Advisors
Compensation Solutions Like No Other
AdvisorBOB was designed by financial advisors frustrated with the lack of streamlined solutions for financial advisor compensation. Calculating and tracking expenses in spreadsheets isn’t only tedious–it also leaves your firm open to mistakes and security breaches. AdvisorBOB is an RIA compensation software that allows administrators to calculate and track fees automatically. Plus, it provides advisors with an interface to view their compensation from multiple revenue streams. AdvisorBOB is the first of its kind secure and customizable compensation solution for your firm.
Proven Solutions
From Trusted Advisors
AdvisorBOB was designed by financial advisors frustrated with the lack of streamlined solutions for financial advisor compensation. Calculating and tracking expenses in spreadsheets isn’t only tedious–it also leaves your firm open to mistakes and security breaches. AdvisorBOB is an RIA compensation software that allows administrators to calculate and track fees automatically. Plus, it provides advisors with an interface to view their compensation from multiple revenue streams. AdvisorBOB is the first of its kind secure and customizable compensation solution for your firm.
The Features You Need To
Streamline Compensation and Reporting
AdvisorBOB goes beyond traditional RIA fee billing software. Our interface allows you to automate periodic RIA payment calculations customized by an advisor. Advanced reporting capabilities allow you to forecast income and analyze profitability by rep. Whatever your compensation, billing, or reporting needs, AdvisorBOB’s features can provide the solution.
- Audit
- Levelized & Non-Levelized Payouts
- Year-Over-Year Production
- Override Profitability
- Book of Business Valuation
- Manager Overrides
- Split Rep IDs
- Householding
Testimonials
With over 300 split rep IDs at our firm, reconciling every advisor’s amount earned for each account line-by-line was a time consuming process. AdvisorBOB calculates all of our advisor’s shared account commission, asset based fees, and RIA payout percentages with the click of a button so we can pay each advisor the correct amount every time.
I am so glad to be using your product. AdvisorBOB is a lifesaver.
We wanted to build an asset management arm for our advisors to utilize but struggle to partner with a company that could handle this setup. AdvisorBOB was able to calculate the proper program fee for billing our client accounts and pay each of our advisors.
By Financial Advisors for Financial Advisors
Schedule an AdvisorBOB Demo
With AdvisorBOB, you can say goodbye to tedious spreadsheets and siloed data. Streamline your compensation process and gain advanced reporting capabilities with a complete software solution. Our trusted, secure platform is here to keep your data secure and accessible to the right members of your team. Schedule a demo with a member of our team to learn more about AdvisorBOB and see how we can improve your compensation process.
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