Fund accounting is an exercise in precision and painstaking attention to detail. The process begins each morning by pulling the previous day’s custody statements as a source for reconciling the day’s activity in comparison to the trades reported from the investment advisor. Accruals for income and expenses are applied. When markets close, securities prices are updated and net asset values are posted to multiple reporting services. Our fund accounting team has significant experience in dealing with a variety of portfolio styles and does not stop until the right answers are found and applied.