AdvicePay Receives SOC 2 Type II Attestation

by Sarah Harvey / January 11th, 2021

Independent Audit Verifies AdvicePay’s Internal Controls and Processes

Bozeman, MT  – AdvicePay, the leading fee-for-service business solution platform designed exclusively for financial professionals, today announced that it has completed its SOC 2 Type II audit, performed by KirkpatrickPrice. This attestation provides evidence that AdvicePay has a strong commitment to security and to delivering high-quality services to its clients by demonstrating that they have the necessary internal controls and processes in place.

A SOC 2 audit provides an independent, third-party validation that a service organization’s information security practices meet industry standards stipulated by the AICPA. During the audit, a service organization’s non-financial reporting controls as they relate to security, availability, processing integrity, confidentiality, and privacy of a system are tested. The SOC 2 report delivered by KirkpatrickPrice verifies the suitability of the design and operating effectiveness of AdvicePay’s controls to meet the standards for these criteria.

“The successful completion of the SOC 2 Type II examination and audit highlights AdvicePay’s continued commitment to deliver best-in-class solutions and safeguards to protect and secure our customers’ data,” said Alan Moore, CEO & Co-Founder of AdvicePay. “This Attestation of Compliance is widely known as the industry benchmark for SaaS businesses and the most stringent examinations of an organization’s security controls, policies, and procedures, and we are proud to exceed customer expectations when it comes to protecting their data.”

“The SOC 2 audit is based on the Trust Services Criteria,” said Joseph Kirkpatrick, President of KirkpatrickPrice. “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.”

About AdvicePay

Established by well-known financial advisors Michael Kitces and Alan Moore, AdvicePay is a fee-for-service business solution built specifically for Financial Advisors who expect efficiency, compliance, and security in their billing and payment processes. Financial advisors benefit from invoicing and payment workflows designed exclusively to support their businesses, including up-to-date compliance and data security management. Users can issue agreements for client e-signature, accept ACH and credit cards, bill hourly or one-time fees, or establish recurring retainer or subscription billing compliantly – all through the AdvicePay system. For more information, visit

About KirkpatrickPrice

KirkpatrickPrice is a licensed CPA firm, PCI QSA, and a HITRUST CSF Assessor, registered with the PCAOB, providing assurance services to over a thousand clients in North America, South America, Asia, Europe, and Australia. The firm has more than a decade of experience in information security by performing assessments, audits, and tests that strengthen information security practices and internal controls. KirkpatrickPrice most commonly performs assessments on SOC 1, SOC 2, PCI DSS, HIPAA, HITRUST CSF, GDPR, ISO 27001, FISMA, and FERPA frameworks, as well as advanced-level penetration testing. For more information, visit, follow KirkpatrickPrice on LinkedIn, or subscribe to our YouTube channel.