Fund administration

Smith & Williamson offers an independent Authorised Corporate Director (ACD) and fund administration solution, taking full regulatory responsibility for the funds to which it acts as ACD.
This allows investment managers to focus on their core strengths and harness the potential of markets for their clients.

Setting up and running an OEIC or AUT involves adherence to considerable regulation, administration and time. The specialist expertise and resources required to administer funds on a day-to-day basis mean that outsourcing this to an experienced third party is usually the preferred option.

Our fund administration team is particularly well placed to provide the range of expertise required in the set-up and ongoing administration of OEICs and AUTs.

With over 30 years’ experience, 165 funds under administration valued at over £8.8bn (as at February 2017), we offer an efficient and professional service at competitive rates tailored to the specific needs of our individual clients.

Meeting your needs

Service

What makes us different is how we treat and service our clients. It’s in our DNA to put the interests of our clients first, ensuring our business is driven by your needs. This will be reflected in the tailored service you will receive from our dedicated client servicing team.

Support

We place highly experienced individuals within teams that have the ability to create effective and tailored solutions for our clients. These teams consistently deliver to the highest standards. What sets us apart from our competitors is that you will get to know these individuals within your dedicated client service team from initial set-up through to the day-to-day running of the fund.

Flexibility

We do not impose large minimum fund sizes and our fee structures are entirely dependent on the complexity of the fund and the total value of the funds under management. We currently administer funds ranging from £3 million to £370 million.

Collaborative

Understanding your needs, ambitions and challenges is central to our culture, so we will work closely with you and where appropriate your investment manager and other advisers. 

How we can help

Set-up services: Preparing an application for authorisation; appointing a depositary and facilitating selection of a custodian; appointing investment manager(s); applying to the Financial Conduct Authority (FCA). 

Ongoing services: Management of the scheme; maintenance of scheme documentation; valuing and pricing shares/units; calculating income and distribution payments; maintaining accounting and other records; preparing annual audited and half-yearly accounts plus long reports; providing a review of tax provisions and submitting tax computations to HMRC; maintaining a register of shareholders and unitholders; dealing and settlement. 

Our credentials

Authorised

ACD regulated by the FCA.

Track record

Providing standalone fund administration services since 1983.

Scale

Administer 165 funds with £8.8 billion assets under management (as at February 2017).

Get in touch

Contact us

Lynn Hughes
Lynn Hughes

Client Relationship Director Glasgow +44 (0)141 222 5020

Contact us

Karren Barow
Karen  Barrow

Director London +44 (0)20 7131 4265

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