Bank Statement Converter for a Financial Advisor

Financial advisors running an independent practice or fee-based business often need to document income from AUM fees, planning fees, and referral arrangements for lenders, licensing authorities, or E&O insurance applications. Convert your PDF bank statements to Excel so you can clearly separate advisory fee income from personal transactions and present a clean business financial record.

Key Benefits

• Document advisory fee and AUM fee deposits separately
• Separate business income from personal transactions
• Support a practice financing or licensing review
• Export Excel for your lender, compliance officer, or insurer
• Free, no account required — your data stays private

How It Works

1. Step 1: Download business and personal statements for the review period
2. Step 2: Upload each PDF to Bank Statement Converter
3. Step 3: Select Excel or CSV output
4. Step 4: Categorize advisory fee income for the application

Frequently Asked Questions

Why do lenders scrutinize financial advisor income closely?

Fee income tied to assets under management can decline with markets, so lenders view it as somewhat variable and may want a longer history or larger reserves.

Do I need separate business statements for a practice loan?

Most practice lenders will want to see business account statements separately from personal accounts to assess the practice's standalone financial health.

Convert a Statement Free