AdvicePay, the leading fee payment processing platform designed specifically for financial advisors, has announced that it has completed a SOC 2 Type II audit conducted by KirkpatrickPrice. This endorsement demonstrates that AdvicePay has a strong commitment to security and provides high-quality service to its customers by demonstrating that they have the necessary internal controls and processes in place.

SOC 2 audits provide independent third-party verification that the service organization’s information security practices meet industry standards set forth by AICPA. During the audit, the service organization’s non-financial reporting controls related to confidentiality, availability, process integrity, confidentiality, and system confidentiality were all checked. The SOC 2 report released by KirkpatrickPrice verifies the adequacy of the design and performance of AdvicePay’s controls to meet the standards of these criteria.

“AdvicePay is pleased to have successfully completed the SOC 2 Type II examination and audit. We take security very seriously, and it is imperative that the financial professionals who use our product can trust us to operate at the highest standards of security and compliance,”

“Hitting this milestone for the third year in a row provides validation and reinforces our ongoing commitment to protecting our customer’s data and continually meeting the most stringent security standards in the industry.”

Mary Moore, Chief Operating Officer at AdvicePay.

“The SOC 2 audit is based on the Trust Services Criteria,”

“AdvicePay delivers trust-based services to their clients, and by communicating the results of this audit, their clients can be assured of their reliance on AdvicePay’s controls.”

Joseph Kirkpatrick, President of KirkpatrickPrice.