Finance Services

Growth without financial clarity is guesswork.

Our Finance Support Services give you the structure, visibility, and insight you need to confidently run—and scale—your business. We go beyond basic accounting to help you understand what’s really happening inside your firm, so you can make smarter decisions, faster.

From day-to-day financial operations to forward-looking analysis, we help ensure your numbers tell a clear, accurate story.

Ride Toward Financial Clarity

As your RIA grows, so does the complexity of managing its finances. Advisory fee reconciliation, custodian reporting, partner compensation, cash flow, and profitability analysis all require consistent oversight.

 

True West brings these financial functions together through an integrated framework, helping firm leadership gain greater transparency, improve accuracy, and identify opportunities to operate more efficiently.

Our Services

Bookkeeping & Financial Reporting

Maintain accurate, organized financial records with ongoing bookkeeping and reporting designed for independent RIAs. Our services include monthly reconciliations, RIA-specific chart of accounts management, advisory fee and custodian revenue tracking, and periodic accounting reviews.

Revenue & Fee Reconciliation

Improve confidence in your firm's revenue reporting through reconciliation of recorded and billed advisory fees, custodian receipts, and portfolio billing information. Identify discrepancies, strengthen financial controls, and gain a clearer understanding of revenue performance.

Budgeting & Financial Performance Analysis

Move beyond historical reporting with KPI tracking, budget-to-actual comparisons, expense analysis, and profitability reporting. Understand where your firm is performing well, where costs may be increasing, and how financial trends align with your business goals.

Cash Flow & Capital Planning

Support more informed financial decisions through cash flow forecasting, reserve analysis, and capital planning. Evaluate financial capacity for hiring, technology investments, and other growth initiatives while maintaining visibility into the firm's financial position.

Client Profitability & Operational Efficiency

Gain deeper insight into the economics of your advisory business. Evaluate revenue per client, revenue per advisor, service costs, vendor expenses, and household profitability to identify opportunities for improved efficiency and sustainable growth.

Strategic Finance & Fractional CFO Support

Access executive-level financial guidance without the need to build a full in-house finance department. Our Fractional CFO services support financial forecasting, partner compensation modeling, valuation analysis, strategic budgeting, and leadership-level financial planning.

True West_Greg Thiessen_Jan267906

Greg Thiessen

Finance Services Leader

Greg is an invaluable member of the True West Team, as the practice leader of our outsourced finance and accounting services.

Finance Services Levels

Core Bookkeeping

Monthly reconciliations & reporting
RIA-specific chart of accounts
Advisory fee & custodian revenue tracking
Quarterly review with accountant

Growth Finance

Includes everything in Core PLUS:
KPI and budget reporting
A/P, A/R, and custodian reconciliation
Controller-level oversight
Quarterly strategy call

Fractional CFO

Includes everything in Growth PLUS:
Cash flow forecasting
Partner comp & valuation modeling
Capital & budget planning
Executive finance meetings

Integrated Financial Support for Your RIA

Financial management doesn't operate in isolation. True West's Financial Services can work alongside our Compliance and IT Operations & Governance offerings to support a more coordinated approach to running your advisory business.


This integrated perspective helps leadership connect financial performance with operational priorities while maintaining clear responsibilities across service areas.

Financial Oversight That Works Year-Round

Strong financial management isn't a once-a-year exercise. True West helps establish a consistent operating rhythm that connects day-to-day accuracy with ongoing performance analysis and long-term planning.

Own Your Financial Frontier

Your firm's financial information should do more than document the past. It should help guide what comes next. Whether you're establishing a stronger financial foundation or preparing for your next stage of growth, True West can help you gain the clarity and support to move forward confidently.