Payments to distributors is the largest single expense faced by mutual fund companies. And managing them effectively is crucial.
For a fund complex with $100 billion in assets, paying distibutors can work out to be an expense of roughly $375 million a year. And the hundreds of different fee arrangements that are involved has gotten far too complicated to be handled by spreadsheet, manually.
That is a prescription for errors, added expense and lost time. In this discussion with industry experts you will learn what the best practices are at firms who are dedicated to eradicating hundreds and thousands of spreadsheets in their operations and boosting their bottom lines, as a result.
Bye, Bye Spreadsheet: Best Practices for Tracking and Managing Payments to Distributors
Live Broadcast
October 20, 2011 | 12pm ET/9am PT
Money Management Executive will hold a Live Broadcast this Thursday, October 20, that will explore the:
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The roundtable will be moderated by Tom Steinert-Threlkeld, Editorial Director, Money Management Group at SourceMedia.
On the panel will be:
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