Managing fees in a portfolio management system can be a complex and rigid process. Traditional systems rely on hardcoded formulas or require extensive custom development to accommodate new fee structures. This lack of flexibility can be a major roadblock for wealth managers looking to adapt to evolving business needs. That's why we've designed our Fee Management module—a dynamic, scalable solution that empowers you to define and manage fees effortlessly, without needing additional programming or code changes. Whether you're working with flat fees, tiered structures, or intricate calculations, our flexible module ensures you have full control over how fees are applied.

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A Fully Customizable Fee Structure

Unlike traditional systems, our Fee Management module allows users to define their own fee structures using configurable expressions. This means you can seamlessly adjust fees as your business evolves, without having to rely on external support or costly custom development.

Here’s how it works.

1. Live Testing Fee Calculations‍

Our fee management module enables you to test fee calculations in your live environment without affecting actual client data. Instantly see the impact of any changes, ensuring accuracy and efficiency while refining your fee structures.

This feature provides confidence that your calculations are precise before they are applied to client portfolios—eliminating manual checks and reducing the risk of errors.

Once you’re satisfied with the results of your fee calculation testing, you can proceed to the next step.

2. Fee Definition: Laying the Foundation

The Fee Definition feature allows you to create individual fee structures tailored to your clients or portfolios. Here, you define the parameters and logic behind how a fee is calculated using expressions—custom formulas that determine the fee amount.

Setting up these expressions correctly is crucial to ensuring accurate calculations, so we recommend working with our support team for the initial configuration.

3. Fee Sets: Bundling for Efficiency

Managing multiple fees for different clients or portfolios? With Fee Sets, you can group multiple fee definitions together, making it easier to apply fees in bulk. This streamlines the process of handling complex fee structures, allowing you to assign different fee combinations effortlessly.

By organizing fees into structured sets, you gain greater efficiency and consistency, reducing manual adjustments and ensuring accurate billing across various accounts.

4. Fee Coverage: Flexible Application Across Clients and Portfolios

One of the biggest challenges in fee management is ensuring the right fees are applied to the right entities. Our Fee Coverage feature allows you to assign fees at different levels—whether it's for individual clients, entire portfolios, or specific client segments.

This level of flexibility ensures that:

• Clients are billed based on their specific agreements
• Portfolios reflect the correct fee structures
• Adjustments can be made without major disruptions to the system

With Fee Coverage, your firm can maintain transparency and accuracy in applying fees, eliminating manual errors and inconsistencies.

5. Invoicing: Streamlined and Accurate Billing

A robust fee management system isn’t complete without a seamless Invoicing feature. Our module consolidates all relevant fees, applies the correct calculations, and generates invoices automatically based on your predefined structures.

You can choose to invoice clients individually or at a portfolio level, offering the flexibility needed to meet different billing preferences. By automating this process, you reduce the risk of errors and ensure timely, professional invoicing.

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The Future of Fee Management is Here

With our Fee Management module, handling complex fee structures no longer requires extensive coding or manual intervention. This scalable, configurable solution ensures that your firm can:

• Define and adjust fees without development support
• Apply fees at various levels with full customization
• Generate invoices efficiently and accurately
• Adapt to business changes without disrupting operation

By putting control back in your hands, our Fee Management module simplifies a traditionally complex process—so you can focus on what really matters: growing your business.

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Ready to Streamline Your Fee Management?

Book a demo with us to learn more.