During your demo call, your Arch onboarding manager will explain the different types of letters of authorization we use, in addition to why and when we use them. These LOA types are outlined below. Following the demo call, your Arch onboarding manager will initiate the process of completing authorization forms. These are the documents that will allow Arch to access your client’s investment information.
What is the purpose of each form included in the initial letter of authorization package?
What is the purpose of each form included in the initial letter of authorization package?
Arch “Generic” Letter of Authorization:
The Generic LOA provides authorization for all investments under the signatory’s name and is not specific to any one investment vehicle. It includes general language around the email address to be added allowing Arch’s outreach message to specify the contact to be added. This letter of authorization is Arch’s most versatile LOA and will be leveraged for the majority of linking requests.
Arch “Client” Letter of Authorization:
Similarly to the Generic LOA, the client LOA covers all investments under the signatory’s name while specifying the email address to be added. Arch will leverage this letter in any cases where the firm/fund requires a complete email address in the signed LOA.
Arch “Firm-Specific” Letter of Authorization:
The initial authorization package will include one letter for each investing entity to be leveraged in any cases where the firm/fund requires the investor to be specifically mentioned in the signed LOA.
Additional forms included in the initial linking package:
Depending on your client’s investment list, there may be additional authorization forms identified as needed for certain firms/funds. Arch uses historical engagements with funds to attempt to determine if an additional form will be needed prior to starting the linking process.
What is the process for additional authorizations/forms identified throughout the linking process?
What is the process for additional authorizations/forms identified throughout the linking process?
Additional forms identified during the linking process:
Throughout the linking process, there may be additional authorization forms that are identified as needed for certain firms/funds. Arch will capture and aggregate these requests into an additional authorization package once we have contacted the vast majority of firms. Arch’s best practice is to aggregate these into an additional package rather than process them one-off to minimize the signature requests to the client.