Software Billing solutions for RIA Firms

One of the most impressive new RIA billing software solutions for RIAs needing to keep track of their fees and expenses comes to us from the good folks at Smart Kx. Smart Kx is a new company that strives to make the live of your average RIA a little easy by streamlining billing to clients. Smart Kx automates the fee calculation process so a team can confidently serve clients with accurate data. Don’t stay bogged down in old-fashioned, risky processes that risk embarrassing your advisors with billing and contract mistakes.

RIAs that continue to manually administer client contracts and calculate billing with old systems risk:

• Unhappy clients when they find mistakes
• Dissatisfied advisors who don’t feel supported by the back office
• Stressed administrative staff who are doing the best they can but still make mistakes
• Lost revenue because billing processes are inaccurate and outdated
• Regulatory risk because fees differ from what the client agreed to in their client contract

This is a great tool for CPAs who want to expand their customer base and we are very impressed with the functionality we saw during our sales demo. It's also great for family offices and related financial professionals. Mom and pop shops can benefit in the same way larger operations can.