Free Financial Advisor Invoice Template & Generator
Generate financial advisory invoices for wealth management, retirement planning, portfolio reviews, and financial planning sessions.
Currency
Amount already received from client
Live Preview
Thank you for your business
What should a financial advisor put on an invoice?
Fee-based advisory invoices name the service, such as a financial plan, a portfolio review, or a planning session, and the period it covers. Note whether you charge a flat fee, hourly, or a planning retainer. Keep advice fees clear and separate from any product or platform costs the client pays elsewhere.
Your invoices need to spell out exactly what service you provided and the fee structure you are using. If you are charging assets under management, show the percentage rate, the account value on the calculation date, and the time period covered. For hourly work, break down the hours by activity like portfolio review or financial planning. Clients will ask their CPAs about tax deductibility, so separate out investment advice fees from general financial planning when possible.
Most advisors bill quarterly in arrears for AUM fees, though some do monthly. The fee gets deducted directly from the client's account after you send the invoice, so you are not chasing checks. For project-based planning, ask for half upfront and half on delivery. Hourly work usually gets billed monthly with net 15 or net 30 terms, but get a retainer first if you can.
Send AUM invoices a few days before you actually deduct the fee from their account. Clients hate surprises when they check their balance. This advance notice cuts down on confused calls and shows transparency. It also gives them time to question anything before the money moves, which builds trust even when they never actually call.
Typical line items
- Comprehensive financial plan development
- Quarterly portfolio review and rebalancing
- Retirement planning consultation
- Investment strategy session (per hour)
- Annual financial planning retainer
- Estate and tax planning coordination
- Cash flow and budgeting analysis
- Follow-up review meeting
How the work is charged
Fee-only advisors commonly charge a flat fee per plan, an hourly rate for sessions, or an annual retainer for ongoing planning. Some bill a percentage of assets under management, invoiced quarterly.
Payment terms and deposits
Flat-fee plans are often paid in part upfront and the balance on delivery. Retainers and percentage fees are usually invoiced quarterly, and many advisors set clear terms in the client agreement.
Tax and compliance
If you are registered for sales tax or VAT, show it as a separate line with your registration number. Financial advice and regulated services are taxed and licensed differently across regions, so confirm what applies to you.
Frequently asked questions
How do financial advisors bill for services?
Fee-only advisors charge hourly ($150–$400), flat project fees ($1,000–$5,000 for a financial plan), or AUM-based (0.5–1.5% of assets under management annually). Some use retainers.
What should a financial advisory invoice include?
Detail services rendered (plan development, investment review, tax coordination), hours if billing hourly, period covered for retainers, and any third-party costs like financial planning software.
Should financial advisors charge for initial consultations?
Most offer a free 30–60 minute introductory meeting. Paid consultations ($200–$500) are appropriate when providing specific advice. Clarify the difference between discovery calls and advisory sessions.
Related invoice templates
Read the complete invoicing guide to see how to fill out, number, and send an invoice that gets paid.
Browse all invoice templates →