Manager Vetting & Transition Process No investor should be forced to choose their investment advisor on their own. It is important that substance is separated from hype and image from reality. Glossy brochures quite often tell a different tale and a good relationship is something which should be built upon the highest standards of service. Manager Vetting TAMRIS provides assistance to those looking for wealth managers in two ways. By providing an initial opinion of the proposals received. This initial opinion will take the same format of the initial opinion provided to individuals looking for an independent assessment of their current wealth managers.
By providing a structural mandate for the client to hand to managers they are considering, please see structural mandate for further information.  Please note that a structural mandate is important in selecting managers since a manager that cannot reply to the mandate should not be considered.
For those individuals who want a thorough assessment of their wealth managers and their proposals prior to engaging them, TAMRIS will perform an independent structural assessment. Monitoring of Transition TAMRIS also provides assistance to investors during the transitional period (the first 12 months of the management relationship) by monitoring the implementation and the first annual investment reviews. Vetting & Transition process The manager vetting & transition monitoring process would normally take place in six stages and is slightly different depending on whether or not you have been through the structural analysis. An “Investment Planning Analysis" would be prepared as part of the structural mandate for those who have not been through the Structural Assessment. You the client would hand the manager the structural mandate at your meeting. Following the meeting the manager would produce a report or proposal in response to the initial meeting and the structural mandate detailing how they would manage your assets. Presuming the manager wishes to accept the mandate. TAMRIS would review this report or proposal and provide an initial opinion or independent structural assessment. The most important phase of a new asset management relationship is the first six to 12 months during which many existing portfolios are transferred to the manager’s recommended portfolio. During this period TAMRIS will monitor the implementation to ensure that it is in keeping with your objectives and meets the high standards set by the firm. The first portfolio and/or investment planning review provides the first opportunity to assess what the manager has done, what still needs to be done, what they are going to do and how they have managed your assets over the period. TAMRIS reviews this for service quality and accountability and adherence to the agreed mandate.
As part of its stated independence from the financial services industry, TAMRIS does not provide specific wealth manager recommendations, but will provide a list of managers the client could approach. | 
