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
See Smart Recon in Action
See how Smart Recon can transform your billing into a smoother, smarter process that builds client trust and boosts firm revenue.
Experience the Simplicity of Automated Fee Billing
Discover how Smart Kx can transform your client billing process, accelerating revenue and enhancing client satisfaction.
