Benjamin Schmidt Email & Phone Number

Greater Milwaukee Area

Greater Milwaukee Area

Plan, schedule and manage the workflow for 15 client relationships which represent; 7 N-1A registrants with 25 funds, 8 N-2 registrants with 24 funds. Current fund types include equity, long/short, international, MLP’s, hedge strategies, private equity, venture capital and fund of hedge funds. Previous experience with 2a-7 money markets and fixed income funds as well. Fund structures include partnerships, C-Corp, open-end and closed-end funds. *Hire, develop, provide performance evaluations and manage daily activities for staff of up to 14 fund administrators. *Oversee preparation and filing of SEC regulatory filings including financial statements, registration filings and miscellaneous filings. *Ensure compliance with SEC, IRS and GAAP reporting regulations, as well as assist clients’ Chief Compliance Officer with their required testing. *Prepare board materials, attend board meetings. Lead discussion of various regulatory items as necessary and take minutes. Serve as officer of funds as required.*Facilitate the successful start-up of new funds and conversion of new clients from other service providers. Serve as primary client contact.*Develop, monitor and make recommended changes to control environment. *Participate in department complex security and rules/ regulations committees.

Greater Milwaukee Area

*Manage and review daily activities for staff of up to 8 fund accountants and administrators.*Reviewed daily fund accounting work including all aspects; reconciliation of cash, booking of trades and corporate actions, pricing of the securities in the fund and striking the Net Asset Value.*Oversee preparation and review filings of financial statements, registration filings and miscellaneous filings with the SEC.*Review compliance testing with SEC, IRS and GAAP regulations.*Prepare board materials, attend board meetings, participating as necessary and take minutes. *Facilitate the successful start-up of new funds and conversion of new clients from other service providers.

Greater Milwaukee Area

Fund Accounting responsible for calculating NAVs as well as performing daily cash reconciliations for products such as equities, fixed income, futures, options and forwards.* Cash and Portfolio Reconciliations exposed to futures, forwards, options, fixed income, equities* Income and Expense Accruals.* Shareholder calculations.* Verify month end market prices for all open positions.* Financial Statement preparation.* Develop and make changes to fund expense budgets and accruals.* Prepare deliverables for fund audits and respond to auditor requests during examinations.* Assist in new fund setup.* Other Ad Hoc Reports as needed.

Greater Milwaukee Area

*Respond to incoming calls from existing and prospective shareholders. *Assist shareholders with inquiries and provide account information. *Answer questions regarding investment style, fund performance, account history and account options. *Educate callers about the funds and products; process all transactions for shareholders. *Analyze, research, and resolve shareholder concerns/problems; record caller information and request mailing of appropriate fund materials.

Conduct inquiry meetings with prospective clients to gather financial information and assess potential scope of financial planning engagement.Propose scope and pricing of financial planning engagements to the individual clients.Conclude engagements by referring clients to appropriate resources for implementation of financial planning recommendations.

Bachelor Of Science (Bs), Finance, General

Liberal Arts