Fee-for-service platform AdvicePay is getting new features, according to a company blogpost. The improvements to its eSignature feature allow advisors to create templates and a signing order to facilitate in-order signature collection on contracts. Permissions can be adjusted so that enterprise advisors, for example, always use the same template.
“This is the most efficient way to receive all of the necessary signatures and then collect payment from a new client when you first begin working with them,” according to the announcement. The feature is included in the cost of the product, but it must be enabled.
Co-founders Michael Kitces and Alan Moore launched AdvicePay in January 2019, bringing in more than half a dozen enterprise clients in the first quarter of the year, including Cetera Financial Group. The payment platform is built on Stripe and designed for financial advisors.