Advisor Fees
Enter your advisory fee in accordance with your ADV
and SIIMPL will deposit your fee into your account
based on your fee schedule.
Savings Calculator
Use our savings calculator to see how much SIIMPL could save you and your firm each year.
Account Asset Range:
Less than
$150,000
$150,000 to
$300,000
$300,000 to
$500,000
# of Accounts per Asset Range:
Average Account Balance
per Range:
Annual Asset Management Fee:
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Gross Revenue:
Direct Expense Activity1:
% of Gross Revenue1:
Percent of Time Spent2:
Gross Direct Expense:
Staff Expense Activity1:
% of Gross Revenue:
Percent of Time Spent3:
Gross Staff Direct Expense:
Direct and Staff Expenses:
Operating Income:
Calculations using SIIMPL:
Gross Revenue:
Direct Expense:
Time Saved with SIIMPL4:
Percent of Time Spent
using SIIMPL2:
Direct Expense with SIIMPL:
Staff Expense:
Time Saved with SIIMPL4:
Percent of Time Spent
using SIIMPL3:
Staff Expense with SIIMPL:
Total Direct and Staff Expenses
with SIIMPL:
SIIMPL Annual Subscription Fee:
Total Fees and Expenses:
Operating Income with SIIMPL:
Improved Operating Income
with SIIMPL:
“$$$” Increase in
Operating Income4:
“%” Increase in
Operating Income4:
1Direct Expense and Staff Expense per Investment News 2018 Study of Pricing and Profitability. Direct Expenses include salaries, bonuses, commissions, and incentive-based compensation for Owners, Owner-Advisors, Non-Owner-Advisors, and Investment Managers/Research. Direct expenses represented 36.2% of gross revenue. Staff Expense includes staff compensation, payroll taxes, and cost of benefits. Staff expense represented 19.6% of gross revenue. Neither Direct or Staff expenses included rent, utilities, technology costs, marketing, travel, insurance, depreciation, taxes, etc.
2An experienced Advisor spends 60.4% of their time each week (32.2 hours in a 53.3 hour week) for Direct Client Activity (investment management, research, client meetings, meeting prep, planning analysis, and client service tasks) according to a research paper published by Michael Kitces on March 18, 2019, titled “How do Financial Advisors Actually Spend Their Time And the Limitations of Productivity?”.
3An Associate Advisor/Paraplanner/General Staff average 68.5% of their time each week (36.9 hours in a 53.9 hour week) for Direct Client Activity (meeting prep, client service tasks, investment management related tasks, planning assistance and research, and client meetings) for an experienced advisor with support according to “How do Financial Advisors Actually Spend Their Time And the Limitations of Productivity”, by Michael Kitces, March, 18, 2019.
4Estimated percentage of time saved per week for Direct Client Activity (investment management, research, client meetings, meeting prep, planning analysis, and client service tasks) from using the SIIMPL system. For purposes of this calculator, it is estimated time spent for Direct Expenses will be reduced by 58%, as well as, time spent for Staff Expenses to be reduced by 68%. Actual reduction (savings) in time spent will vary based on each firm’s existing client service model and to the extent SIIMPL is incorporated into that model.