• Users: Employees of the firm, such as financial advisors, who receive revenue when an account is billed. You set up which users are available as payees in User Management.

• Other: Other parties who receive some revenue when an account is billed. For example, you might add the custodian or an SMA manager as Other.

• Firm: The firm is assumed to receive 100% of revenue, and does not need to be designated as receiving a percentage of the payout.

Payees and payout distributions are reported on the Firm Revenue report.