How do I configure the management fee?

You can set a default advisory fee template under "Setting/Management Fee" in your advisor dashboard.

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For Annualized Percentage of Net Liquidation, enter a percentage or amount and then select the frequency with which the percentage fee is to be applied (daily, monthly, or quarterly). The fee is accrued on a daily basis. Daily, monthly, quarterly means the fees will actually be pulled from your client accounts to your master account on those schedules.

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The default fee template will be used when you use your public links (the option to skip a questionnaire) to onboard clients. Your public links are in the upper right-hand corner, "Setting/Firm Info/URL Management."

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When you use email invitations to onboard a client, you can bypass the default fee template and make a one-time configuration. See adding and inviting clients.