Portfolio administrator vs transfer agent

Differences between portfolio administrator and transfer agent duties and responsibilities

Portfolio administrator example responsibilities.

• Block trade domestic equities for international mutual fund as well as separately manage accounts.
• Track all corporate actions from ex-date to pay-date to ensure proper booking and train and coach new employees on assign funds.
• Monitor FX exposure of the group to analyze and report deviations from the mean.
• Communicate with PMs to make sure FX trades are executed and all cash remain invested.
• Act as single point of contact during new CDO closings as well as CDO distributions and liquidations.
• Execute client trades by funding and accounting, utilizing SEI, TRACS, and CDO suite software.
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Transfer agent example responsibilities.

• Schedule and meet individuals\groups for assign or self-generate leads, assist and enroll eligible individuals in suitable Medicare product.
• Adhere to FDCPA regulations, federal, state and local law provisions.
• Research inquiries and provide appropriate feedback including company policies, IRS regulations and compliance requirements.
• Provide information to clients on Fidelityproducts, services, operational procedures, including 401k, transaction and NAV quotes.
• Answer complex financial inquiries including, fund and market performance, taxation (cost basis, IRS forms, etc.
• Demonstrate strong understanding of Comcast products, promoting and selling offerings to individual customers by knocking every door within assign territories.
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