Investment firms require greater transparency to comply with new requirements such as the Department of Labor (DOL) fiduciary rule. Advantage Fee™ from Fiserv, a client billing and revenue system, can assist your firm with DOL compliance.
With the new DOL fiduciary rule comes much greater scrutiny on client best interests and accuracy and timeliness of fee calculations. Organizations are now expected to deliver more personalized service while managing complex fee structures and a wide range of fluctuating data. Employing the right technology can allow you focus on what really matters – serving clients.
Advantage Fee from Fiserv streamlines billing processes with a single, flexible fee billing platform for unparalleled transparency. This enables your firm to manage a new generation of fee and account structures, ensuring that clients are correctly charged. Advantage Fee is DOL ready, allowing your firm to manage a new generation of fee and account structures, ensuring that clients are correctly charged.Download