AUM Fee Billing Accuracy
AUM-based fees calculated on market values at quarter-end must be accurate to the decimal. Billing errors — whether overcharges or undercharges — create client trust issues and SEC examination findings.
Financial Services
Wealth Management & RIAs
AUM-based fee billing, advisor compensation tracking, and SEC compliance for registered investment advisers and wealth management firms. Nexus gives your finance and compliance teams one integrated platform.
GAAPSEC
The Wealth Management & RIAs Finance Challenge
Advisor Compensation Complexity
Advisor payouts based on revenue share, production credits, and team splits require precise calculation that most payroll systems can't handle. Errors damage advisor relationships.
SEC Examination Readiness
SEC examinations for RIAs focus on fee calculation accuracy, books and records requirements, and compliance program documentation. Being examination-ready requires organized, accessible financial records.
How Plurafi Solves It
AUM-based fee billing
Advisor commission and payout tracking
Client account performance reporting
Custodian reconciliation (Schwab, Fidelity, Pershing)
Form ADV and SEC reporting support
Trust accounting for family office clients
Built-In Compliance
GAAP
SEC Investment Advisers Act of 1940
FINRA (for broker-dealer affiliates)
Key Outcomes
Fee billing
errors eliminated
Advisor compensation
calculated automatically
SEC examination
package assembled in hours
Built specifically for Wealth Management & RIAs
See how Plurafi handles your industry's complexity