BACK OFFICE Back Office covers the specific tasks and systems necessary to manage an investment advisory business. A smooth operating back office frees the money manager to concentrate on what he or she does and likes to do best -- picking securities. BUSINESS Recordkeeping Budget Business Accounting Business Bookkeeping Federal and State Tax Financial Statements Service Providers Accountants Insurance Legal Counsel Other Business Operations Business Pla Lawsuits Licenses Office Equipment CLIENTS Client Accounts Account Application Client Account Types Client Death Client Records New Clients Client Interaction Client Confidentiality Power of Attorney Compensation BACK OFFICE SYSTEMS Custody Custody Custody of Assets Custodian Due Diligence Custodian Interface Custody Procedures Non-Custody of Assets Overdrafts Trading Back Office System Overview Broker-Dealer Advisory Programs Client Report Systems Confirmations Performance Calculation Systems Portfolio Accounting Systems Recordkeeping Systems Securities Orders Procedures Securities Transaction Payments Trading System