Smart Recon: Keep Advance Revenue Without the Risk
Smart Recon transforms traditional quarterly-in-advance billing into a fair, transparent, and revenue-boosting process.
The Problem With Traditional Quarterly Billing
Most RIAs bill quarterly in advance based on the last day of the quarter. It sounds great – you get paid up front. But it hides big problems.
- Revenue depends on only four market days a year
- End-of-quarter volatility creates billing stress
- Clients can add or withdraw assets mid-quarter
- Fee reviews spike after market pullbacks
- Clients “game the system” by shifting money before billing dates
These issues drain your most valuable resource: time, trust, and transparency.
Smart Recon: The Smart Way to Bill
Keep everything you love about advance billing: predictable cashflow, and upfront revenue all while eliminating reliance on a handful of market days.
| Quarterly in Advance | Smart Recon |
|---|---|
| Based on 4 market days | Based on continuous market data |
| High volatility impact | Smooth, predictable revenue |
| Mid-quarter cashflow adjustments | Automated reconciliation |
| Potential fee discounts | Transparent and defensible fees |
| Client frustration | Client confidence and trust |
Key Benefits of Smart Recon
- Keep Advance Billing: Maintain cashflow consistency
- Smooth Out Market Impact: Revenue is no longer tied to four days a year
- Transparent Calculations: Fair for clients and advisors alike
- Simplify Operations: No more mid-quarter adjustments
- Increase Revenue: Firms gain $146K annually per $1B AUM
Experience the Simplicity of Automated Fee Billing
Discover how Smart Kx can transform your client billing process, accelerating revenue and enhancing client satisfaction.
