Jemstep bills your firm by sending an invoice for the relevant fee. The types of fees your firm may be billed include:
- An ongoing service fee for continued use of the platform which is an AUM-based fee and is billed quarterly;
- A set-up fee which is a once off fee for configuration and set-up of your instance of the Advisor Pro platform which depends on the scope and nature of your requirements.
- Any fees for changes to your specifications.
All fees are laid out in the Technology Services Agreement entered into between Jemstep and the firm.