Whitepapers

Series Trust: An Adviser’s Perspective Launching a Registered Fund Without the Back Office Headache

If you think of a series trust as a turnkey trust for advisers who want to start a registered fund, you can see why they are becoming very popular with firms who are opening their first mutual fund or ETF. Many advisers don’t want the complexities associated with back office work and will often collaborate with fund administrators that offer a packaged group of services to make the transition to a retail offering easier.

A series trust is an efficient and cost effective way to bring a registered fund to market. This “shared” trust, as opposed to a proprietary “standalone” trust, removes many of the obstacles of entering the retail space such as navigating the legal and compliance requirements, establishing a Board of Trustees, changing regulations, and may reduce costs by the sharing of certain fees with other funds in the trust.

When launching a fund, there are many reasons an adviser should consider a series trust rather than forming their own trust. This whitepaper dives into the Pros and Cons of a series trust versus a standalone trust, the checklist of capabilities your service partner should provide, and questions to ask.

Series Trust: An Adviser’s Perspective Launching a Registered Fund Without the Back Office Headache

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