Issue link: https://resources.envestnet.com/i/1531469
1 FOR HOME OFFICE AND ADVISOR USE ONLY. NOT FOR DISTRIBUTION TO THE PUBLIC. Envestnet Billing Capabilities As advisors embrace various fee models, it's critical to have billing technology that can meet each client's needs. Envestnet offers both AUM and subscription-fee billing solutions via Envestnet BillFin and Envestnet Payments. BillFin AUM billing Our platform supports a variety of pricing structures, including flat, tiered, and banded AUM fees. Flexible billing setup BillFin allows you to set firm-level, household-level, and account-level asset classes (or individual security exclusions) giving you complete control over how, what, and when your clients are billed. Customized invoices Accurate and easy-to-understand invoices are the key to getting paid correctly and can help meet state-registered firm requirements. BillFin allows you to customize your invoices to match your branding yet clearly indicate what's being charged, limiting confusion. Payment files Collecting fees is simplified through built-in exporting functionality. In just a few clicks, BillFin can create a file ready to upload to your custodian or can even send directly to Schwab, for example. Fee splitting via Payouts Splitting fees between your fellow advisors, banks, solicitors, consultants, etc. is automatically calculated as part of the billing process. BillFin's report is generated as a firm summary or for the individual payee. Self-service onboarding Easily import households, accounts, fee billing rules, and fee schedules. You can be up and running in less than a day. Envestnet Payments A fee-for-service billing solution Envestnet Payments equips advisors with the ability to offer flexible fee options to their clients, including subscription, hourly, and retainer,. Easily invoice and collect professional services fees securely via credit card or ACH transactions. Fee-for-service billing Easily set up a one-time, recurring (monthly, quarterly, semi-annually, or annually), or ad- hoc fees based on your services and client needs. Subscription billing Automatically create client invoices for reoccurring subscriptions that clearly identify the services and fees charged. █████████████████ Ì200001CGL^Î