Integrated Partners recently announced a key strategic partnership with Smart Kx, a crucial step toward better Financial Fee Automation. This will help modernize their advisor technology stack. Smart Kx is a platform focused solely on revenue optimization. Integrated Partners manages billions in assets under advisement (AUA). Specifically, this partnership targets the firm’s revenue and billing systems. This new integration delivers advanced fee documentation. It also provides accurate fee calculation technology. This modernization replaces outdated manual workflows immediately. It introduces a modern, automated system for advisors. This system provides real-time revenue insights for the whole firm.
Increasing Advisor Control and Transparency
The main goal is simple. Hence, it empowers advisors with more control and transparency in their activities. Andree Mohr, President at Integrated Partners, was one to confirm this purpose. The collaboration eradicates issues of manual billing in a flash. Instead, they use proactive, intuitive tools efficiently. These tools enhance accuracy greatly. Furthermore, these strengthen client trust and compliance as well. Smart Kx integrates billing and client agreements in a very smooth manner. Consequently, they operate within one simple, unified system. Smart Kx’s latest tool is called Smart Recon. This improvement makes the process of determining fees more transparent and more accurate. In that way, fee structures become more consistent with the interests of the clients. It also reduces administrative burden for every advisor.
Benefits for Firms and Clients
This results in a much more compliant approach. It also delivers a very accurate and client-friendly fee management process. Furthermore, this establishes a new standard for the RIA industry. Lacey Shrum, Founder of Smart Kx, explained the design. Smart Kx was built to bring automation to complex billing issues. By integrating, Integrated Partners empowers its advisors fully. Advisors get clearer and more consistent client experiences now. They also gain valuable insights into their own firm’s health.
This partnership translates into simpler workflows immediately. It also means fewer manual touchpoints for teams. Advisors get a comprehensive revenue view overall. Clients experience clearer documentation on fees directly. They see how fees align with their specific interests. Therefore, these improvements foster much stronger trust. This efficient Financial Fee Automation reflects the firm’s broader mission. It aims to modernize every aspect of the client and advisor experience completely. Financial Fee Automation is transforming the entire process.
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News Source: Businesswire.com
