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

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 advisor should consider a series trust rather than forming their own trust.

This whitepaper explores 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.