Unique to the soft-dollar business is the extensive amount of administrative support needed to insure a smooth client relationship. Such support includes:

• Detailed monthly statements Promptly mailed within the first week after month-end. These statements provide a listing of the research products provided, as well as a recap of commission activity
• Prompt payment of vendor invoices
• Prompt resolution of payment inquiries
• Quick research and solution of regulatory questions
• Experienced operations staff expediting all trade and settlement issues quickly and accurately

Our competitive commission rates and soft-dollar ratios make Vandham's value added soft dollar sales and services an important part of our client relationship.