Advisor Managed Client Accounts
Mid Atlantic’s Advisor’s Choice account allows you to manage your client’s assets according to your own selection of stocks, bonds, ETFs, and mutual funds.
Even if you do not have your own registered investment advisory firm, you may choose to operate your approved Advisor’s Choice program under Mid Atlantic’s RIA. In either case Mid Atlantic Financial Network is available to handle all the back-office details that you require:
- Invoicing/Fee Management
Our fee schedules are flexible to match how you choose to charge your clients, including most any fee arrangement. From all-inclusive asset based fees, to asset based fees plus low cost transaction charges, we can fit our cost structure to your requirements. If you choose Mid Atlantic’s comprehensive fee management, our service will include fee calculation, production of invoices, account debiting and fee delivery to you. Of course, if you have your own RIA and prefer to do your own fee management, your costs are reduced accordingly.
We also offer comprehensive quarterly performance reporting powered by AdvisorSightTM, and customized by Mid Atlantic. Or, you may choose to handle your own performance reports in which case we will provide automated data feeds that will interface with most popular vendor provided systems.
Advisors who manage models utilizing mutual funds and ETFs will find particular advantages in our trust based custody systems. Our ModelxChange® proprietary technology enables advisors to efficiently manage and rebalance portfolios, raise cash, invest cash, and do exchanges and position replacements. And with our ground breaking applications interfacing with retirement plan record keeping systems, a model manager may now offer streamlined participant level model management inside a 401k plan environment.
You may choose custody with Mid Atlantic Trust Company, our chartered non-depository trust company, or with National Financial Services through Mid Atlantic Capital Corporation*, our registered broker/dealer. Either way, our Advisor’s Choice support program equips you with the latest technology, top notch support services, and a low cost chassis, that will leave you free to spend more time managing assets and serving your clients.