CircleBlack, a wealth management platform that provides financial advisors with all the tools necessary to manage their clients and portfolios while seamlessly integrating a practice’s technology applications, today announced that it has selected Redi2Technologies’ BillFinTM solution, as their provider of hosted advanced fee billing, which will be available through the single sign-on hub that is a hallmark of the CircleBlack experience. “In everything we do, our goal is to leverage and seamlessly integrate best in class technology such as BillFin allowing advisors to focus on serving clients rather than managing different technology applications,” said John Michel, CircleBlack CEO.
The BillFin solution, which will be available to CircleBlack advisors as part of their platform, provides advisors with a number of benefits, including:
- Flexible billing setup
- Flexible billing templates
- Simple, intuitive user experience
- Reminders and alerts
- Prorated billing
- Embedded reporting and analytics
- Fee splitting module
“In addition to facilitating billing and increasing advisor efficiency, BillFin helps advisors with regulatory compliance,” said Redi2 CEO Seth Johnson. “The SEC and DOL have stressed the importance of advisors providing fee transparency. Our solution will help CircleBlack advisors ensure that their billing practices can withstand regulators’ scrutiny.”
