What We Handle for Financial Advisory Firms
Full-service accounting and bookkeeping so your firm’s financials are clean, compliant, and ready for regulatory review at any time.
Fee & AUM Reconciliation
Reconcile AUM-based advisory fees against custodian statements every billing cycle. Catch discrepancies before they become compliance issues or client disputes.
Client Billing Accuracy
Fee calculations verified against tiered rate schedules, household aggregation rules, and billing periods. No more spreadsheet gymnastics to confirm what you charged is correct.
Regulatory Compliance Reporting
Financial records maintained to SEC and state regulatory standards. Clean books that are audit-ready, with documentation trails that satisfy compliance reviews.
Multi-Entity Accounting
Separate books for your RIA, holding company, and related entities — with consolidated reporting when you need the full picture. Intercompany transactions tracked and eliminated cleanly.
Monthly Financial Reporting
P&L, balance sheet, and cash flow delivered monthly. Revenue by advisor or team, expense trends, and profitability metrics so you can make informed decisions about growth.
The Royal Revenue System
Our proprietary review process that typically uncovers $10k+ in hidden savings across vendor contracts, tax strategy, and operational waste.
See what clean books look like for your advisory firm
15 minutes. We’ll walk through your current setup and show you exactly what we’d handle.
Not Just Bookkeepers
Most outsourced bookkeeping firms hand your files to data entry clerks. We don’t.
Your books are managed by degreed staff accountants. We have CPAs on our team. Journal entries, financial statement prep, and variance analysis get done right the first time.
Month-end close, financial statement analysis, and reporting that goes beyond recording transactions. We handle the accounting work most bookkeeping firms can’t.
No DIY dashboards or AI-generated reports you have to review yourself. A dedicated accounting team that knows your industry handles everything.
Fee Reconciliation That Catches Every Dollar
The problem: Advisory fees calculated on AUM are prone to discrepancies — tiered rates, household aggregation, mid-quarter additions and withdrawals all create opportunities for billing errors. Most firms only catch these months later, if at all.
How we fix it: We reconcile your fee calculations against custodian statements every billing cycle. Tiered rate schedules, household groupings, and account-level adjustments are all verified so your revenue is accurate and your clients trust the numbers.
Compliance-Ready Books for Every Regulatory Review
The problem: SEC exams and state audits require clean financial records with complete documentation trails. Firms that scramble to produce these records under pressure risk findings, fines, and reputational damage.
How we fix it: We maintain your books to regulatory standards year-round. Every transaction is documented, every reconciliation is complete, and your financial statements are ready for review at any time — not just when an examiner requests them.
Multi-Entity Accounting Without the Confusion
The problem: Many advisory firms operate through multiple entities — an RIA, a holding company, maybe a separate insurance or tax entity. Keeping the books separate while still seeing the consolidated picture is a constant headache.
How we fix it: We maintain separate books for each entity with proper intercompany transaction tracking and elimination. You get entity-level detail when you need it and consolidated reporting when you want the big picture.
Free: The Financial Advisory Accounting Checklist
10 bookkeeping mistakes that cost advisory firms money. Download the checklist our RIA clients use to keep their financials clean and audit-ready.
Frequently Asked Questions
Ask AI about Accountally’s financial advisory accounting services
Ready for Books That Actually Help You Grow?
15 minutes. We’ll walk through your current setup and show you exactly how we’d handle your fee reconciliation, compliance reporting, and multi-entity accounting.