Skip To Content
Yulish & Associates - Making Clients Happy Since 1993

What can a manager do to keep its administration fees down?

Keep it simple. The more complex the offering, the harder managers will find it to locate cost-effective administration support. Managers should expect administration fees to increase if any of the following items are present:

  • The fund has more than one prime broker
  • The investment strategy uses high frequency trading
  • The fund holds hard-to-value securities such as thinly traded securities, private placements or certain derivative instruments
  • The fund trades in multiple currencies
  • The fund creates a “side pocket” for certain investments
  • The fund has a complex and unusual fee structure

In addition to administrators, attorneys and other service providers – especially auditors and tax preparers – typically charge higher fees for more complex fund structures.

Yulish & Associates makes no representations as to the authenticity, accuracy, completeness, suitability, or validity of any information on this site and will not be held liable for any errors, omissions, or delays in this information or any losses, injuries, or damages arising from its display or use.

The information provided on this site is being provided with the understanding that it should not be construed as legal, accounting, tax, investment or other professional advisor services. The contents are intended for general informational purposes only and it should not be used as a substitute for consultation with professional accounting, tax, legal, investment and other advisors. Before making any decision or taking any action, you should consult your own qualified professional advisor. In no event shall Yulish & Associates, its owners, officers, partners, agents and employees be liable to you or anyone else for any decision made or action taken in reliance on the information provided on this site.

Yulish & Associates makes no representations or warranties as to the accuracy of, or any other aspect relating to, content and information provided through links from this communication to third party sites. Yulish & Associates has no control over the information and content provided by such third parties or such third parties' privacy practices and policies.

In order to comply with U.S. Treasury Regulations governing tax practice (known as "Circular 230"), you are hereby advised that any tax advice provided herein was not intended or written to be used, and cannot be used, by any taxpayer for the purpose of (i) avoiding U.S. federal, state or local tax penalties, or (ii) promoting, marketing, or recommending to another party any transaction or matter addressed herein.

"Great value proposition with excellent client service. A pleasure to work with, always on-time and always available for follow-up and advice."
Hadi Habal
Habal Capital Group, LLC
"I would recommend Kathryn to everyone in the business, and I would tell friends using larger firms to switch. She is as good as it gets."
Kelly Gasink
Reservoir Investment Partners
"We have been thrilled with Yulish & Associates since we switched administrators 4 years ago."
Randall Gilberd
Rockridge Investment Partners LLC
"They [Yulish & Associates] are fast, accurate, and always nice when answering my questions. I can honestly say it’s a true pleasure to work with them."
Samuel C Wilson, CFA
Taos Global Investors, LLC
Yulish.com Network of Sites