For Financial Advisors

An opportunity to enhance your offering and expand your relationships.

Aquilance supports successful wealth advisors who seek to enhance the range and quality of capabilities they can offer their ultra-high-net-worth clients. Employed singly or in any combination, our personal financial management and consolidated reporting services perfectly complement your investing and wealth planning capabilities. They simplify and organize your clients’ financial lives and provide clear, detailed reports to help you identify opportunities to expand your relationships and grow your practice.

We work with both RIAs and Advisors at the major Wealth Management firms, always in a spirit of partnership. You own your relationships. We serve as the force multiplier that helps you expand them.

The services we offer:

  • Personal Bookkeeping and Billpay
  • Entity and Partnership Accounting
  • Consolidated Investment Performance Reporting
  • ILIT Administration
  • Medical Claims Processing
  • Domestic Payroll Services
  • Property & Casualty Insurance Review
  • Family Office Consulting and Structuring

The clients we serve:

  • Fortune 500 C-suite Executives
  • Successful Entrepreneurs
  • Major League Athletes
  • Headlining Entertainers
  • Single/Multi-Family Offices
  • Stewards of Generational Wealth
  • Successful Investment Professionals

THE BENEFITS WE PROVIDE

Clients receive many benefits from using a professional service to manage their bill payment and personal bookkeeping chores, including the following:

Care

Every Engagement is overseen by a dedicated Relationship Manager who understands your clients’ needs and proactively resolves potential issues.

Control

Detailed reports provide clarity into household finances, family entities, and consolidated investment performance, inclusive of all away accounts, to help you tailor your strategic advice.

Confidentiality

We operate with strict standards of confidentiality and employ rigorous cybersecurity protocols to protect your clients’ privacy and personal information.

Cost Reduction

Your clients can reduce overall costs by eliminating expensive mistakes and gaining efficiencies through technology-aided processes.

NOTABLE ACCOMPLISHMENTS

Some of the recent benefits we’ve provided to individual clients:

  • $570,000 recovered through a partnership agreement review.
  • $500,000 returned after a property casualty insurance review.
  • $84,000 annual savings realized though proper trust filings.
  • $340,000 realized through review of minority ownership agreement.
  • $80 million in uninsured assets identified, including $30 million art collection.
  • $64,000 fraudulent payment request intercepted and prevented.

Our Services

While you enjoy volume-based, flat rate pricing across our three service levels; your clients will appreciate the distribution of risk and appropriate allocation of our resources to fit their needs. It’s a win-win.

Bill Payment

Provide these services to clients who just need the bills paid

Direct receipt of bills and invoices
Review of past-due balances
Writing the monthly checks
Making electronic payments
Bank account reconciliation
Detailed month-end transaction reports
Quarterly and annual summaries of all payments

Personal Bookkeeping

In addition to Bill Payment offerings, provide these more in-depth offerings

Recording all payments made on client’s behalf
Posting any checks written from personal accounts
Recording charitable contributions, gifting, and other tax items
Downloading and categorizing all credit card transactions
Coordination with your firm as well as tax accountants
Detailed month-end transaction reports
Quarterly and annual cash flow reporting and summaries of all payments

Concierge Services

This custom-tailored suite of tasks works in conjunction with our core services
Domestic payroll services
Irrevocable Life Insurance (ILIT) adminstration
Customized reporting
Medical claims processing
Non-resident property owners
Statement of assets
Document storage

About Aquilance

Aquilance (formerly My Accountant) was founded in 1987 by Bill Farren and Norb Janis to address the complex financial administration needs of UHNW families. We currently serve hundreds of Personal Bookkeeping and Billpay clients, handling about half a million transactions a year totaling more than half a billion dollars.

We can also offer Investment Performance Reporting for your clients’ held-away assets, and consolidated performance reporting across all their assets. These services help organize and simplify your clients’ financial lives while providing clear and detailed information to inform your planning discussions.

Our Entity and Partnership Accounting solutions expand beyond the personal to help your clients understand their entire financial picture, reported in a clear, concise manner. We understand the service expectations of UHNW families and have inspired confidence in generations of clients by paying close attention to the details and making sure that what needs to get done, gets done.

  • We have been in business for over 30 years, with a majority of that time being focused exclusively on Bill Pay and Personal Bookkeeping for clients throughout the US and overseas.
  • Our client base is made up of HNW and UNHW individuals similar to your clients.
  • We have spent decades refining the Bill Pay and Personal Bookkeeping process. We have developed award winning systems and technologies that allow for a seamless transition, and that create a secure, efficient, and scalable approach to a deceptively complex task.
  • Excellent customer satisfaction: Once clients sign up for our services they stick around. We can proudly say that we have had many of our current clients for decades.
  • Bank level data security. All client data is encrypted and housed in SSAE16 (formerly SAS 70) certified data centers, with offsite, redundant, daily backups.
  • We have developed unparalleled trust in the industry through ongoing, strong, long-term relationships with major service providers in the financial management, accounting, and private banking sectors.
  • Since we focus primarily on Bill Pay and Personal bookkeeping, we do not compete with your firm in any other financial management areas.
  • We utilize a team approach, with multiple people involved in each client relationship we build added security and a redundancy of knowledge.
  • Our employees have vast experience with personal financial management. With an average tenure of 9 years, and an output of nearly 7,000 payments per month, they are capable of handling any challenge that presents itself.
  • We use a balanced approach of automation and human oversight, maximizing the benefits of each to provide an unparalleled Bill Pay solution. HNW families are beginning to expect Bill Pay to be an integral part of a holistic financial management approach. Your firm has an opportunity to maintain its well-deserved reputation as an industry leader by implementing an award winning, time tested, secure, and scalable solution to bill pay.

What do our customized reports look like?

Take a closer look at our attention to detail.
Financial Advisors Reports Request

Contact Us

For more information, sample reports, or a free consultation to assess your needs, please call 800-648-5369, or email info@aquilance.com.

Request a Proposal