Shares as fees. On the books.
Equity taken as payment shows on the invoice and in the record, at the value you agreed.
Industries · Fractional executives
Each client pays a monthly fee for about ten hours a week. Ceed counts the hours per client and holds the one that would go over.
From the day a second client, or a second person, logs an hour.
43.5 of 40 h
Fri 24 Apr · 3.5 h · Board deck, marketing section · Elena V.
Held for approval. 3.5 h over the client’s budget.
$10,000
the monthly fee
40 h
the hours behind it
$250
the hour past it
$10
Ceed, this month
You priced the retainer on value and sized it on hours. When a client that needed ten a week needs twenty-five, the fee stays flat and the hours disappear into the month. Ceed keeps the count per client and puts the hour past the budget in front of you, before the month is gone.
The hour that would push a client over budget is saved, marked, and waits for a yes or no. Nothing is billed quietly. Nothing disappears.
3.5 h · Lumen Robotics · Board deck
Over the 40 h budget. Waiting for your decision.
Stays on the record. Off the invoice. Your call.
Equity taken as payment shows on the invoice and in the record, at the value you agreed.
Two partners on one retainer are paid from the same entries the invoice used. No second sheet to reconcile.
0.1% of what you invoice, no seats. A solo practice invoicing $30,000 a month pays $30.
Computed from the agreement dated 6 Jan 2026. Nothing typed.
The 3.5 h declined on 24 Apr stay on the record and off this invoice.
What fractional executives say in public about retainers, hours a week and scope creep. Linked and dated. Not our words.
I’ve worked as a Fractional CTO for several years.
In my experience, there have been 3 types of Fractional CTO work:
- Advisory CTO (2-5 hours per week)
- Quarter-time CTO (10-12 hours per week)
- Actual part-time CTO jobs (20-30 hours per week)
Fractional work taught me something corporate never did. When you only get 10 hours a week with a client, you stop doing busy work real fast. No status meetings about status meetings. No decks nobody reads. Just the stuff that moves pipeline.
I embed with your team, usually in your Slack. Unlimited requests within scope on a monthly retainer. I was Director of Product Design at Wealthsimple before this, and I lead every engagement myself rather than routing work to juniors, which is why I take a deliberately small number of companies at a time.
Invoice $10,000 this month for Lumen Robotics and Ceed costs $10. A month you invoice nothing costs nothing. No seats, no tiers, no minimum.
It holds the hour, never the work. The hour past the budget waits for your decision, on the record. You keep working if you choose to.
Yes. Equity taken as fees is recorded against the invoice at the value you agreed, and the month closes with it in the books.
None. A month you invoice nothing costs nothing. Invoice $30,000 and pay $30.
Yes. A payout statement for each partner is computed from the same entries as the invoice.
The client sees what the agreement puts on the invoice. The hours behind the fee are yours.
From the blog: Held. Not hidden. The agreement said 40 hours. The month said 47. Other firms Ceed is for: Accounting and fractional CFOs · Advisors · Coaches · all nineteen.