Outsourcing & Co-Sourcing Services
We provide highly-experienced staff members to help wealth managers, RIAs, asset managers, family offices, and private markets add bandwidth.
Middle- and Back-Office Operations
Add Expertise. Reduce Risk. Cut Costs. Avoid Operational and Staffing Challenges.
To drive success, investment managers need to spend their time focused on their core business and with clients, not the burden of operational tasks. When facing unexpected “key person” employee turnover or preparing for period-end crunch time, you need expertise and you need it fast. Our co-sourcing services and outsourced solutions help firms address both the planned–and unplanned–operational challenges and staffing disruptions that every business encounters:
- Vacation / Sick / Holiday / Paternity & Maternity Staffing Coverage
- Employee Turnover / Personnel Transition / Key Person Risk
- Software & Technology Solutions / Asset Servicing / Investor Servicing
- Business Process Solutions / Customize, Automate, Streamline, Optimize, Hosting
- CRM & Client Services / Global Coverage
- Mergers & Acquisitions (M&A) / Spin-offs
- Dedicated Resources / A La Carte Services
- Ad Hoc & Period-End Services / Tailored Services & Solutions
- Support & Maintenance / Administrative Services
- Workflow & Task Management / Compliance & Risk / Regulatory
Who We Serve
Family Offices
Banks & Trusts
Asset Managers
Fund Managers
RIAs
Broker-Dealers
Wealth Managers
Institutional Managers
Efficiency. Flexibility. Scalability. Transparency.
Utilizing our decades of experience and industry best practices, our approach is to tailor our flexible, customized services and solutions to your unique needs. A typical outsourcing vendor offers a “one-size-fits-all” approach to investment operations. However, we know that every manager and advisor has a different set of challenges and needs; what suits an Asset Manager might be irrelevant to a Family Office.
That’s why we work closely with you to select the specific services and solutions you need to help maximize efficiencies, growth, and scale.
- Operations & Technology Specialist
- Staff Augmentation
- Cloud, IT, & Professional Services
- Investment Operations
- Business Process Outsourcing (BPO)
- Managed Services
The Talent and Expertise You Need.
Cost Basis Reconciliation & Reporting
Dividend reclassifications, wash sales, step-ups, tax lots, maintenance, corporate actions, tax lot accounting, transfers, realized gains & losses, tax-loss harvesting, calculations, adjustments, IBOR, closing methods, initialization, baseline, custodian sync, updates, & tax-efficient trading.
Market Value Reconciliation
Review and address pricing differences between your various sources and compare portfolio market values to the counterparties.
DTCC Trade Settlement Services
Reconcile trade confirmations and affirmations & monitor, track, and communicate discrepancies with the appropriate parties. Includes T+1 post-trade processing, trade matching, & trade settlement verification.
Performance Measurement
Performance Updates & Validation
Review, update, and maintain daily performance by portfolios, securities, asset classes, sectors, accounts, composites, groups, households, or per your firm’s standard operating procedures.
Performance Calculations & Returns
Calculate & validate performance returns, reconcile performance, compare benchmarks and indexes, and research & troubleshoot all identified performance outliers and communicate fixes.
Composite Maintenance
Composite reviews, updates, corrections, validation, maintaining memberships and proper construction, or as defined by your firm’s policies and standard operating procedures.
Daily Account Reconciliation & Processing
- Cash Reconciliation
- Position Reconciliation
- Transaction Reconciliation
- Tax Lot Reconciliation
- Manual Statement Reconciliation, Updates, & Processing
- Trade Reconciliation & Processing
- Private Equity Reconciliation & Statement Processing
- Interest Accrual Reconciliation
- Dividend Accrual Reconciliation
- Bank Reconciliation
- Data Reconciliation, Matching, Break Resolution, & Exception Management
- NAV Reconciliation
- International Reconciliation
- Custodian & Broker Reconciliation
- Month-End Reconciliation
Account & Data Management
- Data Audit, Updates, & Validation
- Custodial & Market Data Services
- Security Master Maintenance & Reference Data Management (RDM)
- Manual Account Management
- New Accounts & Securities Setup
- Data Downloads, Translation, Reviews, Corrections, & Posting
- Manual Data Entry & Input
- Accounts Opening & Closing
- Data Collection, Consolidation, Normalization, Processing, & Delivery
- Corporate Actions Processing, Research, & Pricing Services
- Data Aggregation, Imports, Uploads, Security, Automation, & Integrations
Reporting Services
Client Reporting Services
Streamlining and automating the client package creation and delivery process.
Client Reporting Packages workflows including content & client group creation and maintenance.
Quarter-End & Month-End Reporting
Period-End Report Generation, Packaging, Scheduling, & Distribution.
Billing, Invoicing, & Revenue Management
Fee Billing & Client Invoicing Services
Prorated billing, advisory fees, invoice generation & payments management, discounts, family billing, tiered billing, asset exclusions, management fees, cash flow adjustments, performance fees, revenue sharing, forecasting, reconcile payments/fees, or as defined by your firm’s standard operating procedures, fee structures, calculations, & schedules.
Management Fee Services
Confirm that all portfolio management fees have been charged including both the calculation and posting of fees and upload fee files to the custodians.
Accounting, Performance, Reporting, & Billing Services
- Financial Statements
- Shadow Accounting & General Ledger
- Journal Entries, Trial Balance, & K-1's
- Partnership Accounting & Allocations
- Valuations, Transfers, Subscriptions, Redemptions, NAV & Fee Calculations
- Portfolio Accounting
- Fund Accounting & Administration
- Statement & Report Generation
- Regulatory Reporting, IBOR, & ABOR
- Automation- Scripts/Macros/Programs/Rules/Etc.
- Performance Reporting & GIPS
- Tax Management & Reporting
- Direct Indexing & Sleeve Accounting
- Investor Accounting & Reporting
- OMS, Trading, Rebalancing, Modeling, FIX, & Portfolio Construction Services