ALPS works closely with the audit teams as they assess our mutual fund clients. Provides feedback on fund operations, staffing, procedures and controls Back to Wheel Investment Advisor ALPS coordinates with investment advisors extensively in order to insure smooth mutual fund operations. Allocates fund expenses Responsible for cash management Back to Wheel Mutual Fund Board ALPS assists in board activities and plays an active role in making sure that this important unit has the support necessary to function properly. Our depth of experience in this area helps new funds establish a board and it helps existing funds maintain their board obligations. Whether or not a fund is organized as a trust or a corporation determines what the board members are called.
Funds formed as corporations have directors while funds formed as trusts have trustees.