Bank Statement Converter for Financial Advisors and RIAs

Independent financial advisors, RIA principals, and fee-only planners need bank statement conversion for FINRA/SEC compliance documentation, AUM-based fee reconciliation, practice acquisition financing, and Schedule C tax preparation. Bank Statement Converter converts any advisory practice bank statement to Excel in 20 seconds.

Key Benefits

• Document advisory fee deposits for SEC/FINRA compliance records
• Reconcile quarterly AUM-based fee income against client billing records
• Prepare 3-year statements for RIA practice acquisition or merger financing
• Track technology, custodian, and compliance subscription expenses
• Export to QuickBooks or Orion for RIA practice financial management

How It Works

1. Step 1: Upload your RIA or advisory practice bank statement PDF
2. Step 2: Select Excel (.xlsx) or CSV output format
3. Step 3: Download the structured transaction file
4. Step 4: Filter advisory fee deposits to reconcile against client billing ledger

Frequently Asked Questions

Do RIA compliance audits require bank statement documentation?

SEC-registered investment advisers undergo periodic exams that may review advisory fee billing and receipt. Converting bank statements to Excel helps you reconcile fee deposits against Form ADV billing disclosures.

What statements are needed for RIA acquisition financing?

Practice acquisition lenders require 3 years of business bank statements to evaluate revenue stability and expense patterns. Convert PDFs to Excel to present a clear multi-year financial picture to prospective lenders.

Convert Advisory Practice Statements Free