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After PayPal demurs, Michael Kitces and Alan Moore launch online payments firm for RIAs

Advisors and two Missoula, Mont. angels will fund AdvicePay for increased staffing to sell and service software so that advisors can do billable hours without triggering a custody audit

Author Brooke Southall January 25, 2018 at 7:41 PM
4 Comments
no description available
MIchael Kitces: Do the math.

RIA Compliance

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Technology


Jeff Spears

Jeff Spears

January 25, 2018 — 8:54 PM
Another significant benefit of this service is it will reduce the days receivable from invoiced accounts significantly. RIAs aren't staffed with bill collectors..
Brian Murphy

Brian Murphy

January 26, 2018 — 2:14 AM
Surprisingly, a much needed service for the community.
Michael Moore

Michael Moore

January 26, 2018 — 3:28 PM
hmmm, wonder what PayPal knows that Kitces and Alan don't....also, all this talk about fee's on vehicles and then $600 + 1.5% of assets just to collect payment doesn't sit well at all. Will have to think about this.
Tony

Tony

January 26, 2018 — 10:48 PM
I would have to agree with what Michael Moore said on this one.

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Mentioned in this article:

FPPad.com
Consulting Firm
Top Executive: Bill Winterberg

Kitces.com
Consulting Firm
Top Executive: Michael Kitces



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