fee-billing

What problem does it solve?

This Skill automates and clarifies the complex process of calculating, collecting, and reporting advisory fees, ensuring accuracy and compliance.

Core Features & Use Cases

• Fee Schedule Management: Design and manage various fee structures (tiered, flat, AUM-based).
• Automated Calculation & Billing: Accurately calculate fees based on household AUM, handle mid-period changes, and generate billing outputs.
• Compliance & Disclosure: Ensure adherence to ADV Part 2A, Reg BI, and ERISA disclosure requirements.
• Use Case: Automatically calculate and bill quarterly fees for all client households, ensuring accurate AUM valuation and applying tiered rates correctly, while generating custodian debit files.

Quick Start

Use the fee-billing skill to calculate the quarterly fees for the 'Harrison' household based on their provided account values and fee schedule.