Mandate setup
For Mandate setup the scope is drafting the mandate, agreeing reporting dates, recording decision limits; anything else is agreed in writing.
Third-party managers
Asset management where the mandate is written down first.
VW Aureus in London: mandate paperwork, portfolio administration and asset oversight for private and corporate holdings, reported in plain figures.
Third-party managers
Vw Aureus, service by service, in brief
Three jobs arrive most often: a mandate to set up, records to straighten out, or holdings to review.
Portfolio administration
Portfolio administration covers reconciling statements, tracking income, keeping the audit trail. Everything else is confirmed in writing first.
Asset review
Asset review covers summarising holdings, testing costs against the mandate, noting drift. Everything else is confirmed in writing first.
Planning and advice
We talk through what you need, what is realistic and what it costs, so you can decide with the full picture in front of you.
Paul Street, LondonBased in
London and clients based abroadCoverage
A short call and sight of the mandateFirst step
How it works
From first contact to handover at Vw Aureus, in brief
The sequence is fixed, and each step is confirmed in writing.
Mandate
Objectives, reporting dates, limits and fees are written down and signed.
Records
Statements, deeds and correspondence are collected and listed.
Reconciliation
Every position is checked against a statement and anything unclear is raised.
Review note
A short written summary is issued at each date fixed in the mandate.
Third-party managers
Vw Aureus: how we keep it straightforward
Mandates, statements and reporting are kept in one place, checked against source documents and issued on the dates agreed. A short call usually settles whether this is a mandate or a records job.
Good work is mostly a matter of listening first and measuring twice.
Before you ask
Vw Aureus: questions we hear most
Questions that come up before a mandate is agreed.
Can you take over from another administrator?
Yes, and the handover is routine: records are requested, checked against statements and reconciled.
Do you deal with the underlying managers?
Correspondence and reporting requests are handled here once written authority from you is in place.
How are fees charged?
For the work set out in the mandate, quoted in writing before it starts, with no share of any holding.
What do you not do?
Regulated advice, discretionary dealing, tax returns and anything that depends on a figure nobody can check.
Position and cash
Say what you have in mind and we will take it from there from the first call
Write a few lines about what you need. There is no obligation until you accept a written quote.