Client Communication Transformed
Investors’ expectations for speed and transparency are rising, while regulatory demands are expanding and evolving. Effective, streamlined client communication has never been more vital.
Now, you must comply with an IRS regulation that requires end users to consent to receiving K1 statements electronically – an activity handled manually, by sending letters and emails.
And, to collect client payments electronically, you have to get clients to complete an ACH Authorization form.
True Cloud vs. Fake Cloud
These days, it feels like we’re constantly hearing about the importance of “moving to the cloud.” And there are plenty of good reasons that businesses of all kinds are making that transition. Cloud solutions can boost productivity and agility, while lowering costs. And that can be just the beginning of the benefits you can expect.
By Bob Goldbaum, SVP
With September 30th just around the corner, you may be feeling stressed as a fund manager. Will investors give you redemption notices for year’s end? If so, how many? How will the withdrawals affect your fund? What can you do to encourage investors to stay or even increase their allocation to your firm– in particular those who may be on the fence?