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With
the enormous growth of mutual fund assets in recent years, more
and more brokerage firms are looking for ways to expand their
fund offerings. Ridge Clearing's mutual fund program makes it as
easy to do transactions, record keeping and administration for
mutual funds as it is for stocks and bonds.
Our mutual fund platform offers you access to a supermarket of
over 3,000 funds from over 330 fund families, without burdening
you with extra paperwork and separate relationships with the
various mutual fund companies. All the details are handled
automatically - from order entry, commission accounting and
gathering 12b-1 fees and other fee-related income, to statements
and dividend distributions. In addition, the system allows you
to offer your clients the convenience of:
- Automatic reinvestment of dividends
- Hassle-free, cost-effective systematic deposits
- Easy exchanges within a fund family
- Integrated monthly statements
- Combined year-end tax reporting
Ridge
can also link you into our extensive network of over 600 popular
no load, NTF (no transaction fee) mutual funds, providing your
clients with a wide menu of choices to meet their needs. In
addition, your clients will have access to the superior
performance of Galaxy funds, Fleet's proprietary family of
mutual funds.
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