Structure mandates, discretion, custody, valuation, execution, conflicts, fees and client reporting.
Why this workstream matters
Clarify the client mandate and discretion, distinguish individual from collective management, identify custody and venues, and align valuation, risk disclosure, fees, performance reporting and records.
Model-specific questions
- Mandate and discretion
- Client and service classification
- Custody and execution venues
- Valuation and reconciliations
- Conflicts, fees and disclosures
- Performance and decision records
How it connects to the application
Outputs must be consistent with the ownership structure, product and information flows, providers, business plan, staffing assumptions, policies and system behaviour. Any inconsistency should be resolved before filing or implementation.
Client inputs and dependencies
We confirm required founders, group records, product documentation, vendor information, system access, markets, transaction assumptions and responsible client personnel during scoping. The proposal separates adviser work, client responsibilities and third-party costs.