How to Invoice as a Financial Advisor in Little Rock, AR

Invoicing guide for financial advisors in Little Rock: 6.5% AR sales tax, 1.45%/mo late-fee cap, plus AR licensing and contractor rules.

Combined sales tax
6.5%
Late fee cap
1.45%/mo
Net terms
30 days
Deposit
0%

1. Little Rock-specific tax handling

  • State sales tax: 6.5%. Local jurisdictions in Little Rock may add their own rate β€” verify with your local tax assessor.
  • Late fees: AR statute Ark. Const. art. 19, Β§13 caps interest on unpaid invoices at 1.5% per month.

2. Standard financial advisor line items

  • Plan preparation flat fee β€” billed by flat.
  • Hourly advisory β€” billed by hour (~$295 default).
  • AUM fee β€” annual % β€” billed by pct (~$1 default).
  • Tax-prep coordination β€” billed by flat.

3. Payment terms that work in Little Rock

Net 30 is standard for financial advisors.0 Accept card and ACH on the invoice itself β€” Little Rock customers expect a one-click payment link in their inbox.

4. Licensing & disclosures

Series 65 / 66 + state RIA registration required for fee-only advisors. CFP / CFA designations are industry-standard.

Metro
Little Rock
State
AR
Net terms
30 days
Deposit
0%

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