SERVICES
-SAS70-
"criteria"

"SAS70"
The audit that checks to see if the manager is doing what they tell you they are doing.

---

(1) Procedures should be maintained to ensure proper account set up, modification and closure, including cash/security acceptance or transfer.

(2) Procedures should be maintained to ensure customer complaints are documented and resolved on a timely basis.

(3) Agreements and amendments, that document the scope of the relationship, are obtained, maintained and signed for each client.

(4) Transactions are executed in accordance with the terms of the underlying advisory agreement of fund prospectus.

(5) Portfolios are regularly monitored to ensure compliance with tax, regulatory and ERISA requirements and the investment guidelines/provisions in the advisory agreement including the suitability of investments.

(6) Employee are properly trained and supervised.

(7) Personnel performs the necessary background checks on new employees.