A fully customizable commission solution built specifically for financial advisors. It’s that simple.
A clean user interface, sophisticated dashboard, and multiple reporting options built for the everyday advisor.
AdvisorBob© can handle any size firm, small to large, and is fully customizable based on your needs.
AdvisorBob© reviews your trailing 12 months of advisory fees and helps you calculate a value based on your book of business.
AdvisorBob© was originally built for firms looking to securely outsource their advisory fee payouts, including investments, insurance, financial planning, and fee-based 401ks. Due to the high demand and number of different payout scenarios we have been able to scale our offering and include additional functionality.
One of the first RIA software systems to include custom transactional importing from multiple sources. Fully supports multiple Rep ID splits, payout adjustments, firm level overrides, admin/program fees for money management firms, and a valuation report.
AdvisorBob© has many features available to financial advisors in addition to just properly calculating your advisory fees.
Are you looking to create a money management arm of your RIA? Easily create a payout schedule based on your Firm ID and charge a program fee to the advisors who utilize it.
Easily split fees between advisors no matter what custodian or account class.
Should a manager override be calculated for an office, or specific advisor? Easily enter the appropriate percentage and never worry about missing a payment.
Do you have a solicitation arrangement in place? Assuming you are approved for solicitation within your state, AdvisorBob© creates a unique login for the individual to track they are being paid appropriately.
With over 100 split IDs at our firm, our previous partner would deposit the total amount in our bank account, making us reconcile line by line.
By using AdvisorBob©, they deposit the correct amount into each advisor's bank account of our firm.
Their connection to Salesforce allows us to easily track our financial planning clients with ease. Seamless.
We wanted to build an asset management arm for our advisors to utilize, but stuggled to partner with a company that could handle this set up.
AdvisorBob© was able to calculate the proper program fee for billing our client accounts, and pay each of our advisors.
LPL Financial now charges admin fees for a select number of our firms.
Instead of deducting this amount quarterly, we are able to pull the fee monthly on an automated basis.
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