Law firms can face significant consequences for mismanagement of trust accounts. Review this criteria to check whether you have the proper controls in place at your firm.
Download this checklist for eight specific items to consider.
Your fund administrator holds your investors’ most sensitive information, from capital account statements to wire instructions. Most providers say their security is strong, but few are asked to prove it.
This quick guide gives you questions to ask, covering independent security validation, investor document delivery, AI governance, accountability and the data protections in your contract. Each one shows what a good answer looks like and the red flags to watch for.