“Investment administration" isn’t necessarily a term that all of us are familiar with, but those who work in the financial sector will surely attest to just how important it is. In essence, investment administration involves the day-to-day administrative functions—ranging from everything from tax preparation to record keeping—that go into the management of a large financial portfolio, mutual fund, or hedge fund. Anyone who has ever done much investing, particularly on a scale as large as this, will happily attest to the fact that it’s tough simply keeping track of all the paperwork—and that the administrative side of investment can be the trickiest to really master.
That’s why Kip Meadows and his company, Frank Meadows Nottingham, continue to thrive, just as they have since Meadows founded the company in 1986. Frank Meadows Nottingham is, indeed, an investment administration service, and they do indeed handle everything from record keeping to tax and legal preparation. But that’s hardly the extent of their services; indeed, Kip Meadows is quick to point out that, at heart, he sees Frank Meadows Nottingham as a consultation service, and he prides himself on the level of personal care he takes in offering this sort of advisement.
And indeed, it would seem that the client-centric philosophy of Kip Meadows is paying off. Frank Meadows Nottingham has grown a lot in its existence—and actually, that might be an understatement; to date, the company has started some 150 funds and administered $25 billion! But what’s most impressive, perhaps, is the fact that Frank Meadows Nottingham is actually thriving because of—not in spite of—the bad economy. Indeed, Kip Meadows explains that, after the banking crisis of a few years back, a lot of top bankers lost their jobs; these days, they’ve turned to starting their own funds—and Frank Meadows Nottingham is there to help them with the details.
This is, of course, something of a hopeful example of the ways in which financial professionals are trying to rebuild their careers in the wake of economic tumult, but even more than that, it’s an example of just how effective the customer-centric approach to economic service remains, at least in the experience of Kip Meadows. What was initially seen as having a sort of “niche" appeal—the idea of helping financial professionals on an administrative and customer-support level—is proving to be lucrative for Frank Meadows Nottingham—and of course, other financial professionals are beginning to follow their example.
For additional information visit http://frankmeadowsiii.net & http://fpmeadows.net.
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