As Dodd-Frank legislation evolves, custody is no longer just an add-on service but it is a vital part of a firm’s long-term business strategy.
New York, NY (PRWEB) June 04, 2013
Emerging managers source a large amount of initial capital from their closest circle of relationships which includes IRA accounts. Many traditional brokerage firms have moved away from permitting accounts to invest in alternative investment vehicles. Kingdom Trust Company will add a solution to make access to initial capital for the new hedge fund manager seamless.
Hedge fund managers have expanded their investment strategies into private investments which require custody. This is also a requirement for private equity and fund of fund managers. As Dodd-Frank legislation evolves, custody is no longer just an add-on service but it is a vital part of a firm’s long-term business strategy. Increasing demands for more compliance, transparency, reporting, and consumer protections have made the custodian more essential in the investment process.
The Kingdom Trust Company is an independent qualified custodian based in Sioux Falls, SD. The firm is registered and regulated in the state of South Dakota as a non-depository trust company. Their services range from custody of alternative assets in self-directed IRAs to document custody of private equity funds, hedge funds, and fund of funds. They strive to provide the most flexible and innovative custody solutions for individuals, investment sponsors, family offices, advisory firms, broker-dealers, and investment platforms for crowd funding and secondary markets. This wide-range of product service reflects their core belief in the value of alternative asset investing. Kingdom Trust understands the expanded role of the custodian in the investment marketplace.
For the emerging manager who wants a total start up servicing solution, HedgeAlliance.net brings together best of breed service providers who have bundled their services to get the manager on their way to developing their track record for future growth.
HedgeAlliance.net members bring decades of expertise in fund formations, prime brokerage, technology, tax, operations, custody, compliance, administration and capital raising to you in a “one stop shopping” integrated solution.