Breaking barriers: What fund administration firm Bolder Group does best
In October 2021, AMS Financial Group and Circle Partners partnered up to create an independent global fund administration firm catering to multiple locations in major financial hubs all over the world. The result? Bolder Group. The objective? To break barriers at the base of business.
Fund administration firm Bolder Group has 13 locations, spanning from the Americas to Europe to Asia. And it continues to grow and evolve along with the ever-changing financial landscape. Our company’s philosophy is to be informed of the latest developments in the financial world, so we can keep our clients and partners involved and in control – at all times. This is how we, as a fund administration firm, work to meet clients’ needs and satisfaction.
Fund administration is an art of its own. That is why a firm offering this kind of service takes a load off the back of fund and asset managers. Why are fund administration firms important? For one, fund managers want to stay laser-focused on their clients’ needs and portfolios. Doing that whilst taking care of the back-office matters is, to say the least, a tough challenge.
Why do you need a fund administration firm like Bolder Group as a partner?
The first reason you should outsource your fund administration solutions to a firm like Bolder Group is to ensure you can focus on core competencies. Not only will this save you time, but it will also save you from tons of non-revenue earning responsibilities. If you choose to do fund administration on your own, instead of hiring a firm to do it on your behalf, you will need human resources, dedicated office space and technology.
The common assumption is that outsourced solutions are more expensive, but in fact, partnering with a fund administrator is a more practical solution than performing this task in-house. Considering economies of scale, fund administrators usually cater to multiple clients, through which you get a cost-effective yet high-quality service.
Plus, with a fund administration firm as a partner, you will be free from the pressures of reports and compliance, the complexities of NAV calculations and data management.
A top-notch fund administration service also requires updated technology that the firm can use for automated process flows, data management and analysis, investor portals and know-your-customer/anti-money laundering procedures. Bolder Group continuously invests in technology to fully take advantage of digital processes.
Our firm, Bolder Group, provides 360 fund administration services that will free you from middle and back-office responsibilities, so you can spend your time growing your clients’ and investors’ portfolios.
Our global solutions
We provide clients with our corporate, private, funds and governance solutions.
Our corporate solutions include company & SPV structuring, to help you stay informed of regulatory and compliance concerns. Bolder Group has an extensive experience in SPV structuring and company management for alternative investment managers and capital market actors to make sure our clients are in good standing with local and international regulations.
We also assist our corporate clients with our seamless market entry solutions, offering a private space in Hong Kong via The Point, project implementation and management and pension scheme. We can also help you with payroll services, temporary employee solutions and relocation needs. In particular, we help companies enter the Dutch market through Bolder Launch.
Our corporate & secretarial services cover account filings and preparation of board and annual meeting documents, amongst others. Our secretarial expertise will reduce your administrative burden.
Our fund administration firm also provides you with office accounting solutions tailored to your needs, according to local accounting standards. These are part of our accounting services: periodic management reporting, consolidated reporting, interim financial reporting on demand and coordination and management of audit process.
We don’t only offer fund administration services to firms or corporations, but to private clients as well. We help them incorporate companies in foreign jurisdictions and offer directorship and management services through our company formation & management services.
We can also structure projects to protect and enhance your assets through our estate & multigenerational planning. Bolder Group is a fund administration firm with a very reputable name in providing trust services, along with financial reporting.
Bolder Group helps private clients navigate the complexities of running businesses and corporations through family office solutions, philanthropic strategies and governance solutions. These services will not only protect your wealth. Equally important, they ensure your family legacy is preserved. Furthermore, we keep your books of accountants aligned with relevant local and international regulations through our financial accounting & reporting services for private clients.
As a fund administration firm, we understand the challenges of fund management and complex reporting duties. With our fund solutions, we can administer your hedge funds, PE & VC, cryptocurrency funds, real estate funds, fund of funds and managed accounts.
Our fund solutions include accounting, NAV calculations, fund formation, legal, domiciliation and treasury. In addition, we help in bank account opening, AML procedures and investor services, amongst others. In terms of real estate funds, we monitor commitments, drawdowns carried interest and waterfalls. On cryptocurrency, our services include set-up, high-frequency trading strategies, full transaction ledger, cold and hardware wallets in-kind capital transactions, amongst others.
Bolder Group’s range of fund administration services also includes governance solutions for firms, that look for cost-efficient and effective compliance methods.
We offer outsourced KYC compliance services for long-term KYC sustainability for our clients, which include consultation, KYC health checks, policy establishment and end-to-end project management. We have a KYC platform and a money laundering back office that do CDD, AML, PEP verification, UBO verification, record-keeping and compliance reporting & notification. This is also thanks to our in-house experienced and professional AML compliance officers, ML reporting officers and deputy MLROs.
We also provide you with directorship & office services, including the appointment of the president, vice-president, treasurer, secretary and directors. We oversee registration, board meeting coordination and bank account management.
Bolder Group offers Automatic Exchange of Information (AEOI) solutions to clients, too, to help them ensure business sustainability and stability, all whilst reducing administrative and financial workload. We offer reporting services related to FATCA, CRS, MDR/DAC6 and others, country-by-country.
Global fund administration firm
Bolder has thirteen locations in financially strategic hubs. Our offices can give you professional and personalised assistance for your business’s or firm’s fund administration needs, with our goal in mind: to add value to business and society in a bolder way.
Reach out to one of our offices today to learn more about what we can do for you and how we work.