Frequently Asked Questions
We’ve gathered answers to the most common questions about AdvisorBOB. If you don’t see what you’re looking for, reach out to our team, we’re happy to help.
Request a demo to explore AdvisorBOB’s features, reach out with your questions, or email us anytime at advisorbob@advicepay.com.
Yes, AdvisorBOB utilizes Microsoft Azure for hosting to keep your data secure. Microsoft Azure is one of the leaders in data security. The commercial Microsoft Azure SQL Database environment has been FedRAMP authorized since 06/21/2016.
Yes, AdvisorBOB can calculate fees from any third-party money manager or custodian. AdvisorBOB will also aggregate all your off-platform accounts and assets into one easy-to-view tab.
Yes, if authorized. AdvisorBOB can provide delegate access. Users can view other compensation statements and account information if they have delegate access.
Yes, through our adjustment tab, we can track one-off, monthly, quarterly, semiannual, and annual debits and credits.
AdvisorBOB will display an advisor’s fee-based 401(k) compensation within fee details and all other applicable reports.
Yes, AdvisorBOB allows you to have an unlimited number of rep IDs. A single rep ID can also be split an unlimited number of times. However, we recommend no more than 10 advisors on a single rep ID.
Yes, AdvisorBOB allows managers to establish an override on junior advisors and other associates if the appropriate paperwork is filled out.
Yes, you can establish split rep IDs for solicitor agreements.