BUSINESS START UP

 

START UP SUPPORT

  • Business plan development
  • Business structuring
  • Legal formation
  • State registration
  • Vendor selection / Due Diligence
  • For financial service firms, see registration support
    • FINRA
    • SEC
    • State

Transition Support

  • Prepare an individualized advisor transition plan
  • Coordinate establishing your firm’s custodian relationship, if needed
  • Provide comprehensive pre-transition asset review
  • Assist with development and messaging of client communications
  • Facilitate onboarding of client accounts including delivery of required regulatory, new account and transfer of asset documents.

OPERATIONS

 

MIDDLE AND BACK-OFFICE SUPPORT

  • Dedicated relationship manager plus support of entire Bristal Lane team
  • Prepare and quality control client paperwork; new account opening, distributions, transfer of assets, etc.
  • Develop customized workflows supporting your business processes
  • Facilitate online imaging and record retention of documents
  • Complete daily uploads, downloads, reconciliation, price updates
  • Serve as your custodian administrator and handle client support requests with the custodian
  • Reconciliation of cost basis for incoming securities

REPORTING

  • Provide basic reporting (realized gains/losses, estimated 1099 dividend information for taxable accounts)
  • Customized reporting

COMPLIANCE

 

OUTSOURCED CCO

  • Independent, experienced industry professionals can serve as your named CCO
  • Onsite support for regulatory requests and inspections

REPORTING

  • Annual Compliance Report as required under Rule 206(4)-7 of the Investment Advisers Act of 1940
  • Quarterly Management Updates
  • Monthly Compliance Committee Reporting

COMPLIANCE SUPPORT

  • Email review
  • Develop, or review and update your Compliance Program including Code of Ethics, Solicitors, Custody, etc.
  • Review of marketing materials, client presentations, website, etc.
  • Access to independent legal professionals with a broad range of security industry specialties*

REGULATORY COMPLIANCE SUPPORT

FUND SERVICES

BUSINESS ADMINISTRATION

 

OUTSOURCED CFO / FINOP

  • Fully outsourced and licensed CFO and/or FINOP
  • Prepare, review, approve and file required regulatory reports including FOCUS Reports
  • Transaction Processing
  • Enterprise Reporting
  • Strategy and Practice Admin

BILLING

  • Calculate and process client billing based on your individual billing model
  • Reconcile and audit billing cycle

HUMAN RESOURCE OUTSOURCING

  • Manage relationship with any third-party human resource providers or vendors
  • Payroll processing (utilize third party payroll processing provider), including the payment and processing of payroll and employment tax
  • Lead annual benefits review and assist in benefits assessment and deployment
  • Benefits orientation and enrollment for new and current employees
  • Develop new employee on-boarding process
  • HR risk and compliance services, as needed.
  • Review and maintain employee manual