ETF Services

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ETF Services

Foreside has assisted many advisers with launching registered and unregistered products. Our consultative and relationship approach reflects Foreside’s core values of integrity and guidance and the personality of management and staff. Our experienced professionals stand ready to advise you regarding the legal, regulatory, financial, operational and distribution requirements of your exchange-traded fund (ETF) products.

Starting an ETF

Foreside closely follows the expanding U.S. and international ETF market, rapid product innovation and use of varying strategies, such as index and active management, for equity, bond and commodity fund types. With our significant experience, we can assist you with all of the required components of starting an ETF.

Our services include:

  • Fund distribution through one of our affiliated firms, including principal underwriter services for an ETF series
  • Sales and marketing compliance review and approval per FINRA and SEC requirements via our proprietary web portal
  • Order taker/router and call center for your fund’s Authorized Participants (AP), staffed by our registered representatives (Reps)
  • Fund marketing and wholesaling of your funds through Foreside Advisory Network
  • Sarbanes-Oxley certification services through a Principal Financial Officer as well as Treasurer services to manage and review fund expenses
  • Independent Chief Compliance Officer services under Rule 38a-1 of the 1940 Act
  • Assistance with building and maintaining your adviser compliance program for the funds
  • Assistance with the identification of potential service providers and partners, including administrator/custodian, law and accounting firms and APs
  • Specialized technology assistance, such as the design and development of encrypted interfaces with your custodian and any sub-advisers, including create/redeem and restricted security information

Partner Solution Program

Foreside partners with a number of different custodians and administrators, legal representatives and accounting firms. These relationships, along with Foreside’s proprietary offering, can provide a near turnkey solution for your ETF, including:

  • An established ETF trust vehicle with certain ETF exemptive applications already in place
  • Well-known fund counsel, experienced in all aspects of ETFs, together with experienced Trustees and public audit firm
  • Appointment of your registered investment adviser as sub-adviser (subject to Trustees’ review and approval), to execute the ETF investment strategy, or alternately access to one of our sub-adviser partners
  • Domestic and global bank relationships that provide custody, index receipt agent, accounting and administrator services
  • Sales and marketing compliance review and authorization according to FINRA requirements via our proprietary web portal
  • Order taker/router and call center for your fund’s APs staffed by our Reps
  • Fund marketing and wholesaling of your funds through our affiliate Foreside Advisory Network
  • Sarbanes-Oxley certification services through a Principal Financial Officer as well as Treasurer services to manage and review fund expenses
  • Independent Chief Compliance Officer services under Rule 38a-1 of the 1940 Act
  • Specialized technology assistance, such as the design and development of encrypted interfaces with your custodian and any sub-advisers, including create/redeem and restricted security information
  • Assistance with the identification of your potential service providers and partners, including custodian/administrator, law and accounting firms and APs

Authorized Participants Strategy, Management and Operational Solutions

Authorized Participants (AP) are critical to the success of an ETF series. Foreside can advise which APs may be interested in your funds. Foreside also can provide operational services including:

  • Facilitation, negotiation and coordination of AP agreements
  • Call center technology for AP to create/redeem orders
  • Staff registered to receive AP orders on recorded lines
  • Electronic transfer of AP orders to custodians utilizing encryption software
  • AP confirmation

Compliance Manuals

For a summary of Foreside’s Business Continuity Plan, please click here.